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Can NRI or PIO form a company in India...???

Submitted by Anonymous on Tue, 04/27/2010 - 02:26.

Details:

I am a US citizen (naturalized in 2002) and want to setup a company in India to do real-estate project development work. Can someone suggest me if I am legaly allowed to open a company in India with myself as a director in it? Thanks, Raju Khullar

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