India is a country that is suitable for investment from NRIs as well as foreigners due to its booming economy and wealth of resources. It is among the fastest-growing economies in the world. Foreign investment into India is at an all-time high due to regulatory reforms and an investor-friendly climate. In this context, we look at the process and procedure for an NRI or Foreigners can start a business in India as a wholly-owned subsidiary company.
This blog is intended for those companies or start-ups that have registered their companies outside India and want to operate in India as part of a foreign company.
In this blog, we’ll discuss the procedure for Incorporation as well as setting up of a wholly-owned subsidiary company in India