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

I want to open a company in India. The company will source products from different states for the US clients. Can someone tell me which is the most favorable state to form a company in India and the associated legal obligations? Thanks in advance, Akhil