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       STEPS REQUIRED FOR NRI DOING BUSINESS IN INDIA

1) NRI HAS TO APPLY FOR PAN CARD NO TO START BUSINESS IN
   INDIA THROUGH WHICH GOVT CAN TRACK ALL FINANCIAL
   TRANSACTIONS



2) AFTER OBTAINED PAN CARD NO THE NEXT STEP IS TO
   OBTAINED APPROVAL FORM FIPB



3) IF NRI WANT TO COMPELETE THE PROCESS FASTEST WAY
   THEN HE HAS TO APPLY FIA(FOREIGN INVEST MENT
   AUTHORITY)



4) NEXT STEP IS SELECTION OF INDIAN PARTNER BCOZ IN INDIA
   NO NRI CAN ENTER IN BUSINESS WITHOUT INDIAN PARTNER
   BUT NRI SHOULD CHOOSE A PARTNER ACCORDING TO HIS
   BUSINESS STRUCTURES NEED



5) NRI SHOULD TAKE SERVICES OF PROFESSIONAL IN ORDER TO
   COMPLY VARIOUS AUTHORITIES LEGAL COMPLIANCE IN INDIA

6) NRI HAS TO OPEN A BANK ACCOUNT IN INDIAN BANK FOR
   THIS HE HAS TO “FILL KYC” FORM
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7) IF HE HAS DOUBT IN ORDER TO KNOW THE APPLICABILITY OF
   TAX AT HIS PRODUCT THEN HE CAN TAKE REVIEW OF
   AUTHORITY OF ADVANCE TAX

				
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