Thursday, February 9, 2012

Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN





About 2point6billion.com

2point6billion.com discusses investment news and events from the emerging markets of Asia - including India, China and the ASEAN countries. It is produced by the Asian foreign direct business advisors at Dezan Shira & Associates from their offices across emerging Asia.




Traveling to India on Business Visas “Appears Normal”

Nov. 3 – Since the Indian government imposed a deadline of October 31 for foreign nationals based in India to leave the country and obtain employment visas, travel into India on existing business visas “appears normal” according to foreign investment consultants Dezan Shira & Associates.

Business visas are now only supposed to be used either if in the process of setting up a business, or traveling to India to buy or sell products. “We have had about ten clients from the EU and the United States fly into India on business visas in the three days since October 31,” said Vikas Srivastava of Dezan Shira & Associates’ Mumbai office. “There does not seem to be any problem with their being processed at immigration.”

According to the firm, those traveling to India on business visas are however recommended to carry with them relevant supporting documentation. Individuals working in India are now obliged to return to their country of origin and obtain employment visas. Fines and penalties for non-compliance may be levied.

Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into India. The firm also produces 2point6billion.com.

Related Reading:
End of Month Deadline for India Business Visa Holders

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Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at china@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


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