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

Posted by cellis on Wednesday August 22, 2007 @10:28PM
from the en.wikipedia.org dept.

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 | on HN )

Re:Is it easy to set up a foreign entity in india? (corp,etc) by Keios on Thursday August 23, 2007 @12:20AM (#45494)

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

[ Parent | on HN ]

Re:Is it easy to set up a foreign entity in india? (corp,etc) by cellis on Thursday August 23, 2007 @11:35AM (#45657)

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

[ Parent | on HN ]

Re:Is it easy to set up a foreign entity in india? (corp,etc) by Keios on Thursday August 23, 2007 @12:56PM (#45707)

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

[ Parent | on HN ]

Re:Is it easy to set up a foreign entity in india? (corp,etc) by cellis on Friday August 24, 2007 @12:03AM (#46029)

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!

[ Parent | on HN ]