Company registration for NRI and Foreign nationals in Mumbai

An NRI is a person who is not residing presently in India. And according to the Foreign Exchange Management Act (FEMA) a person resident in India includes an individual who is residing in India for more than 182 days during the period of the preceding financial year. eBranding India Technologies It does not include a person who has gone out of territories of India on employment business or vocation for any uncertain period. NRIs are allowed to buy and sell properties in India. The NRIs should do the acquisition and transfer of property in accordance with the FEMA. The properties should be purchased or acquired through a registered conveyance deed. It case of a purchase being made on a power of attorney there should be an agreement to sell and the power of attorney are executed by the seller in favor of the buyer. Contact us on Call - 09222086563 09224335234 08097027355 info(at)ebrandingindia.com eBrandingIndia(at)gmail.com bhosale1611(at)gmail.com website - www.ebrandingindia.com www.ebrandingindia.in www.ebrandingindia.net

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