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A comment on Ask HN: Can an American easily partner in an Indian startup?.

Re:Ask HN: Can an American easily partner in an Indian startup? by tarun_anand on Friday April 23, 2021 @02:10AM (#26911463)
There are plenty of Americans invested deeply in India.

As long as you report the investment in a timely manner, there are no issues. Secondly, make sure to run everything by a local lawyer/Company Secretary

[ Parent | on HN ]
Re:Ask HN: Can an American easily partner in an Indian startup? by newman8r on Friday April 23, 2021 @02:23AM (#26911536)
Yeah it's probably best to get some professional assistance on this. I'm just kind of curious how the whole process works.

I think it might fall under a foreign direct investment (FDI) https://en.wikipedia.org/wiki/Foreign_direct_investment_in_I...

[ Parent | on HN ]
Re:Ask HN: Can an American easily partner in an Indian startup? by tarun_anand on Friday April 23, 2021 @02:45AM (#26911709)
Yes it falls under FDI but also depends on the quantum of investment. Read it along with FEMA.

Usually for individual level investments the rules and compliance is easy.

[ Parent | on HN ]