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Yes, an NRI or Foreign National can be a Partner after obtaining a DPIN. At least, one of the partners has to be a resident Indian citizen.

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8y ago

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Can an NRI Foreign National be a director in a One Person Company?

No, an NRI or Foreign National cannot be a Shareholder in a one person Company.


Can nri become partner in a partnership firm?

Yes, subject to fulfiiiment of certain conditions


Can NRI's buy policy?

Yes, The NRI's can buy the policy, but the scope would be limited to India only. The policy will stand null and void on a foreign ground and the policy premiums have to be paid in Indian Rupees.


What is the meaning for NRI deposits?

what is nri deposits


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What is the difference between NRI and NRE?

NRE and NRO are similar with few differences. NRE -> foreign currency deposits only. Only Rupee withdrawals. NRO -> forign currency and rupee deposits. Only rupee withdrawals. NRE-> Any NRI can open an account NRO-> Resident can open . or NRI and resident together can open the account. NRE -> Not Taxed NRO->Taxed. NRE -> Can transfer from NRE to NRO account NRO -> Cannot transfer from NRO to NRE account.


What is NRI used for?

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Kingdom of Nri ended in 1911.


When was Kingdom of Nri created?

Kingdom of Nri was created in 948.


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