However, in an effort to improve the ease of doing business and to make India a world-class investment destination, the Government of India has allowed 100% FDI in LLP under the automatic route.
Company limited by guarantee Company limited by guarantee indicates a company having the liability of its members limited by the memorandum to such amount as the members may respectively undertake to contribute to the assets of the company in the event of it being wound-up.
This practice is linked to the principle of exhaustion of rights encompassed under the Indian Trademarks Act of 1999 and which is derived from Article 6 of TRIPs.
After the government's decision to allow 100% FDI in LLP under the automatic route; it has become easy for foreign nationals and NRI's to open a business in India.