Is it possible to form an LLP in India just for investing and trading in the stock market, without needing permission from RBI or SEBI? Can NRIs and foreigners invest in such an LLP? Are there any limitations on foreign investment in the Indian stock market?
1 Answers
Best Answer
Yes, you can form an LLP in India solely for investing and trading in the stock market without explicit permission from RBI or SEBI. NRIs and foreigners can invest in such an LLP, but foreign investment in the Indian stock market is subject to certain limits and regulations set by SEBI.
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