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13 December, 2024 at 6:23 am
Yes, OCI cardholders can start a business in India. The OCI cardholder can start a business without the need to apply for a work permit. They can register with a foreign company in India online without coming to India. The whole process can be completed within 10 days and it will cost approximately USD 1700. They can own and operate a business in India as a sole proprietor, partnership, or company.
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I work in big companies hold shares and have a Demat account. For this, I have to submit my address identity proof, and all the necessary documents.
As I'm a businessman and own a business in India I have submitted my digital signature address and identity proofs to become a director in India in my business.
As I'm currently living in India and have an OCI card, I have a company that is generating a good profit, and as a truthful citizen, I pay my taxes regularly.
I have an OCI card and I am the owner of a 5-star restaurant which is located in Mumbai. I've been running my hotel for 4 years smoothly and enjoyably.
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