India fever is increasing among foreigner business entrepreneurs who want to start their businesses in India. At a time, when major economies of the world are experiencing slow economic growth, job cuts, layoffs, a sharp decline in demand for products and services, India (After China) is the only country in Asia which has managed to register a tremendous growth in several fields.
India's massive population, a big customer market, initiatives taken by the Indian government for business promotion, availability of highly educated and skillful professionals at low price tags, etc, encourage foreign business persons to start their businesses in India and earn handsome revenues every day/week, month. A good number of American companies, entrepreneurs, and firms also start their business activities in India. For this, they have to complete several formalities and follow the rules and regulations. Here is a brief summary of to do list:
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At a time when major economies of the world are witnessing an economic slump, layoffs, cut in employee's salaries, etc, India seems to be performing well. Despite all negative media propaganda, India's economy is performing well in terms of tax collection, elimination of black money, export of agricultural products, software, highly talented professionals, goods and services, generation of new jobs, ease of doing business, etc. The government of India has allowed 100% FDI in several private sectors. That is why, business individuals from all over the world has been arriving India to start their business activities and earn handsome revenues every day, week, month, and year.
Although, the process to register a private limited company in India is simple and straightforward, but can be quite stressful for unfamiliar individuals. If you want to register your business as a private limited company and do business legally, here are the essential steps that you need to follow: |
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