440. OCI holder - Permission to start retail shop in India
Questions: Dear Sir,
I am Indian businessman with OCI status living in Hamburg. I am very much interested to open a business , for example a
retail shop in my village and want to be propreitor myself with my oci status.
Please advice me where I have to write , to apply or to go for the permission.
It will be very kind of you if I get a reply from you, as I want to start my business obrt there very soon.
Thanking you in Advance
Your´s truely
Amal Chatterjee
Answer: As a OCI holder, you don’t need any special permission from the government authorities to start your retail shop business in your village in India. OCI being a lifetime visa, allows you to work or carry on a business in India. The only permission you would need is to ensure that you meet the local licensing laws for starting a shop etc. The rules that would apply to you would be the same that would apply if a Indian citizen wanted to set up a shop. Good luck with your venture.
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.
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440. OCI holder - Permission to
start retail shop in India
Questions: Dear Sir,
I am Indian businessman with OCI status living
in Hamburg. I am very much interested to open
a business , for example a retail shop in my
village and want to be propreitor myself with
my oci status.
Please advice me where I have to write , to apply
or to go for the permission.
It will be very kind of you if I get a reply from
you, as I want to start my business obrt there
very soon.
Thanking you in Advance
Your´s truely
Amal Chatterjee
Answer: As a OCI holder, you don’t need any special permission from the government authorities to start your retail shop business in your village in India. OCI being a lifetime visa, allows you to work or carry on a business in India. The only permission you would need is to ensure that you meet the local licensing laws for starting a shop etc. The rules that would apply to you would be the same that would apply if a Indian citizen wanted to set up a shop. Good luck with your venture.
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