Q1179. 100% ownership of business in India for OCI
Question: Dear Mr. Chand Good Afternoon.
Was going through Q & A at this website but could not find the answer to my query.
Query is: Is it possible to hold 100% business in India if I hold OCI. The answer to this will be highly appreciated.
Regards Satwinder Singh
Answer: Yes, you can have 100% ownership of a business in India.
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