Question

how to manage foreign nationals in indian organisation​

Answer 1

Explanation:

Major Requirements for incorporation of company in India:

To start a company in India, a minimum of two persons and an address are required in India. A company at least should have two directors and minimum of two shareholders. According to Indian rules and regulations, one of the director’s should be both a citizen and as well as resident of India. In this case, 100% of the shares of the Indian company can be held by foreign nationals/ NRI. The address in India is served as the registered office of the company. Foreign companies establish their offices in metro cities like Delhi, Bangalore, Mumbai and Chennai, etc.

But why India? What are the main advantages of doing business in India?

Wholly owned subsidiary- permits 100% Foreign Direct Investment under the FDI policy.

Joint Venture- with an Indian partner, for example, strategic partnerships with Indian partner organizations

Limited Liability Partnership (LLP)- a new arrangement of business structure in India, that combines the advantages of a company with the benefits of organizational flexibility associated with a partnership.

Skilled Workforce: Highly-rated human capital base.

Growth Potential: The world’s largest democracy and the 2nd fastest-growing major economy.

Healthy Legal System: Efficient legal and judicial system, improved enforcement of laws.

Work Ethics: Professional manner of working and willing to learn.

Stability of Government: Political stability is vital to foreign investments.

Extensive Trade Network: Trade network backed by regional and bilateral free trade agreements with numerous trading partners helps leverage investor’s role.

Competitive Tax System: Competitive tax regime and comprehensive network of Tax Treaties, further modified by the introduction of Direct Taxes Code and the Goods and Service Tax – single tax for the whole nation.

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Answer 2

Explanation:

major requirements for incropetion of company in india:

To start a company in india a minimum of two persons and an adresses are required in india.A company at least should have two directors and minimum of two shareholders.According to indian rules and regulations ,one of the directors should be both a citizen and as well as resident of India .in this case ,100%of the shares of the Indian company can be held by foreign nationals/NRL.the adress in india is served as the company . foreign companies establish their offices in metro cities like delhies , Bangalore,mubai and Chennai etc