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Can an indian citizen open a company overseas without any permission?

Querist : Anonymous (Querist) 31 January 2012 This query is : Resolved 
Can an Indian citizen open a company overseas without any permission?
Is there any bar in starting a company with indian citizen as intial subcriber to the shares of a company registered in a foreign country?

In case of Yes or No, please do mention how & under which law.
DEFENSE ADVOCATE.-firmaction@g (Expert) 31 January 2012
You seems to be an INTERNATIONAL person still anonymous.
Raj Kumar Makkad (Expert) 31 January 2012
You should raise this question with your open identity in a proper site viz. www.caclubindia.com
Shailesh Kr. Shah (Expert) 01 February 2012
you have to check law of that foreign countary, in which you wish to incorporate company.


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