It is a basic question for all NRI / OCI Holder who is investing in India or Starting a Private Limited Company by NRI. Can I Start A Company in India? How can I Invest in India ? how can I start Company in Chennai, Tamil Nadu?. NRI Investment in Chennai, Tamil Nadu, India is an excellent option to earn more with limited risk.
NRI Investment in Chennai, India
Non Resident Indians and Overseas Citizens of India have great many opportunities to make investments back home in India. There are numerous reasons an NRI should invest in Chennai, India. NRI Investments help them in their retirement planning. It helps them afford a decent standard of living after retirement. Wise NRI investments in Chennai will yield good returns. A high return NRI investment with low risk is always advisable. NRI investment will help you earn more money. You could keep the same as retirement nest egg or can spend on your extended family in India. NRI investments in housing and commercial properties will yield rental income plus property value appreciation over the years too. These financial assets can be used as loan collateral too.
Business Opportunities in Chennai India by an NRI / Investment Opportunities in India
There are many NRI Investment options for NRI in India like NRI Bank fixed deposits, Mutual Funds, invest in stocks at NSE, Real Estate, Bonds and Non-Convertible Debentures, National Pension Scheme (NPS), Certificate of Deposits, Government Securities and so on.
Foreign Direct Investment In Chennai India
These investments are under direct scrutiny of RBI and FDI. There are many rules and compliance that an NRI investor has to undergo. NRIs need to have separate accounts for their respective investment here and struggle to make investments in India. They are not allowed to own real estate properties like agricultural land, farm house or plantation property in India. They can only inherit or gifted them.
Who is an NRI ? how to start a business by NRI?
NRI is the short form for Non Resident Indian. NRI is a person who has stayed in India for below 183 days in India during a financial year or tax year. Financial year starts on April 1st to March 31st of succeeding year. NRI may be residing in foreign countries outside India but are still are Indian citizens. NRIs do not pay taxes in India on income earned in foreign countries. Banks and investments institutions give special offers to NRIs. They can vote for elections too. NRI is the residential status of a person as per IT department.
We understand that many NRIs still struggle to invest in India. SMARTCA can support you in choosing in investments in India wisely.
Indian Company Registration for NRIs and Foreign Nationals
Starting a Private Limited company in India with Foreign direct investments is the best and smart NRI investments in India. You can directly invest in your company as per FDI rules in a simple and easy transfer into your company account. No complex FDI formalities are involved. Smart CA is one of the Best CA Firms in Chennai to help NRI investment in Chennai, India through investing in and starting a private limited company.
Who is SMARTCA ?
A Team of Chartered Accountants and other professionals who are providing the Best Virtual CFO Services. To Understand What is Virtual CFO Services and find out Top 10 Virtual CFO Services, we request you to visit our blogs.