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can foreign company set up LLP as a subsidiary in India

Section 2 - Definitions

Posted By: Surya mallampally 8 year(s) ago

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    Divesh Goyal

As per the LLP Act foreign Body corporate can incorporate LLP in india with 100% holding. there nominee will be the designated partner in the LLP. In this situation a person can be designated partner without any share in capital. But one designated partner should be resident of India.

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Expert    Ankit Singhi

foreign company can incorporate a LLP in India

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