wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A _________ is a company which is incorporated in a country outside India under the law of that other country and has established a place of business in India.

A
Domestic company
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Foreign company
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Alien company
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
All of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Foreign company
Foreign Company is a company or a body incorporated outside India; has a place of business in India whether by itself or through an agent physically or through electronic mode and conducts any business activity in India in any other manner.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon