How to Start
The investor has to take the following steps chronologically-
To decide on entry strategy
First identify the sector in which the Investment has to be made
Agreement with Joint venture Partner
After ascertainment of the route to be followed, check what sectoral limit is prescribed.
If the investment requires prior government approval, the approval to be sought through online FIFP portal, after receiving the approval proceed as in automatic route but subject to conditions mentioned in the approval letter.
Check prohibited sectors from FDI policy
Identification of Joint Venture partner if required
Check from the FDI Policy whether that sector falls under the automatic route or Government approval route
If the sector falls in the automatic route, no prior approval required.
Establishment of Company
Statutory Compliances
Remittance in India
Commencement of Business