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F
A Q |
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| 1Q.
Can I transfer my money outside the country freely? |
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| Ans. Yes. The authorities
impose no restrictions on the movement of capital or
Profits. |
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| Q2.
Do I need a local partner to invest in FOREIGN ZONE? |
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| Ans: No, there are no restrictions
on the Foreigner's exclusive proprietorship |
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| Q3.
Are there restrictions to employment of any nationality?
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| Ans. No, You may employ whoever
you wish whether Indian origin / Indian resident or
foreigner |
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| Q4.
Is it possible for me to be a partner in more than one
company? |
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| Ans. Yes |
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| Q5.
Do banks allow companies or individuals to open bank
accounts in the US Dollar? |
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| Ans. Yes, as well as in other
major international currencies. |
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| Q6
Is there any corporate / Income tax applied to companies
or to the individuals? |
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| Ans. There is neither any income
tax nor any corporate tax applicable or payable. |
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| Q7
Can I travel outside the country without any restrictions? |
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| Ans Yes, provided you have a
valid visa. |
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| Q8
What is the maximum number of employees allowed? |
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| Ans. This will depend on the
nature / proposal / size of your Business. |
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| Q9
Do you have staff labour accommodation available in
the foreign Zone? |
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| Ans Yes |
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| Q10
What are the communication services available in the
Zone? |
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| Ans. International and local
Telephone lines services, Fax, Email, and internet services
are all available through telephone lines at competitive
prices. |
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| Q11
Are there any restrictions in bringing my family? |
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| Ans No |
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| Q12
Are members of my family allowed to work? |
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| Ans Yes |
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| Q13
What is the minimum capital required to establish a
company in the foreign Zone? |
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| Ans If you are establishing
a company, the minimum capital requirement is US $ 40,000,
but there is no minimum capital required if you are
setting up a branch of a foreign / local company. |
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| Q14
Can I convert my driving license? |
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| Answer: Yes. |
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