As an African student in India, my friend and I have a great business idea we’re excited to turn into a Pvt Ltd company. Since I’m here on a student visa, I’m worried about the risks involved in investing both money and effort. Can I participate in setting up the company without jeopardizing my visa status? What kind of visa would I need to ensure everything goes smoothly? I’m eager to hear your insights and suggestions.
Best Answer
Under Indian law, foreign nationals, including students, can invest in and participate in setting up private limited companies. However, your student visa might not permit business activities. You’ll need to apply for an appropriate business visa like an Employment Visa or Investor Visa to ensure legal participation in the company. Consulting an immigration lawyer would be advisable to understand the specific requirements and ensure your visa status aligns with your business involvement.
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