NRIs and directorship in Indian firms5 min read . Updated: 09 Nov 2018, 01:09 AM IST
There are no restrictions for appointing foreign/NRI director, subject to some conditions
India continues to witness a steady flow of global companies setting up or expanding their operations in India. Generally, their preferred option from a legal structure perspective is a private limited company. Both the new as well as existing Indian subsidiaries of foreign companies tend to depute trusted foreign personnel/non-resident Indians (NRIs) employed with them as flag-bearers in India in the form of directors or other key managerial personnel.
Select your Category