172. 100% ownership of business in India for OCI

Q. 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 A. Yes, you can have 100% ownership of a business in India.
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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172. 100% ownership of

business in India for OCI

Q. 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 A. Yes, you can have 100% ownership of a business in India.
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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