Is it easy to set up a foreign entity in india? (corp,etc)(en.wikipedia.org)

en.wikipedia.org

Is it easy to set up a foreign entity in india? (corp,etc)

http://en.wikipedia.org/wiki/L-1_visa

Acc to wikipedia, if you are a multinational company, it is available to the employees of that company that have worked in the foreign office for 1 year...does anyone know anything about this?

4 comments

Keios19 anni fa

I don't understand the relevance of your link???

cellis19 anni fa

I have a friend in india that needs a visa. So I browsed around and found out about L-1. Basically, its a visa available to people working for multinationals. Legally, a multinational just has a corporation status in 2 countries (US and India in our case ). So I need to know if its possible to start a "paper" corp over there

Keios19 anni fa

Sure, you can - its takes a little while but it is fairly easy.

cellis19 anni fa

whats the cost ? I know tata consultancy (basically an engineer importer) is exploiting this L1 (sshh, don't let the general populace know that people smarter than them are taking their jobs) loophole to great success!