Setting- up of Business Establishments:
Any person can establish a business in India through any of the following modes depending upon the nature of industry, types of Services to be provided from such place of busines, incentives provided by GOI or State Governments, Tax benefits under Income Tax Act, 1961 etc. The Persons Resident outside India are also required to comply the provisions of FEMA Regulations, RBI guidelines & Foreign Direct Investment Policy of GOI for establishing their business venture in India and to invest foreign funds in the same.
- Incorporation of a New Company
- Formation of Subsidiary of a Foreign Company
- Formation of Joint Venture Company
- Formation of Limited Liability Partnership.
- Opening a Branch office
- Opening up of Project office
- Opening of the Site office
- Opening of Liaison Office
- Opening of the standalone Branch office.
The person resident in India including Indian companies, LLPs, and partnership firms can invest in the business as per their requirement. However, for the capital requirement of business ventures of non-residents or foreign companies, Foreign Direct Investment (FDI) is permitted by NRIs, OCIs, PIOs, or Persons Resident Outside India or by a Foreign company. Such investment is either on Repatriation or Non-Repatriation basis in compliance to RBI Guidelines & Sectoral Cap for FDI (i.e. maximum permissible FDI share) for the Industry concerned. There are certain sectors/ Industries where FDI is permitted under Automatic Route ( FDI Investment under Automatic Route). There are certain Sectors/ Industries where FDI is permitted with GOI permission (FDI Investment with GOI approval). There are Sectors where FDI is not permitted (Sectors Prohibited for FDI).