India, Global Startups & Strategic Business❣️
Myanmar, Maritime Security, and Global “Circular Economy”
Global Startups
The Indian Story — the two sides of the same coin which undermines innovation, development and the employment generation in India:
Head 👉 https://pib.gov.in/PressReleasePage.aspx?PRID=1694828
"… natural person, who is an Indian citizen, whether resident in India or otherwise would be allowed to form an One Person Company (OPC); no restriction on the growth of OPCs in terms of their paid up capital and turnover …"
Tail 👉 Contradictory Information on the website of the Ministry of Corporate Affairs, Government of India: https://www.mca.gov.in/MinistryV2/onepersoncompany.html:
Only a natural person who is an Indian citizen and resident in India shall be eligible to act as a member and nominee of an OPC.
For the above purpose, the term "resident in India" means a person who has stayed in India for a period of not less than one hundred and eighty two days during the immediately preceding one financial year.
In case the paid up share capital of an OPC exceeds fifty lakh rupees or its average annual turnover of immediately preceding three consecutive financial years exceeds two crore rupees, then the OPC has to mandatorily convert itself into a private or public company.
Non-resident "Indian Citizens" Startup-in-India: but how??
How can anybody get the Latest & Correct information from the Indian Government Ministries, including the Ministry of Corporate Affairs (Government of India)?
Sad Fact.
Based on own personal experiences, seems NONE in Indian Political Power & Government Ministries/Administration has any time, or have any interest to clarify the above issues to facilitate entrepreneurship in India. But still hope for the best!!
First Reference: https://pib.gov.in/PressReleasePage.aspx?PRID=1694828
Sad Fact.
Based on own personal experiences, seems NONE in Indian Political Power & Government Ministries/Administration has any time, or have any interest to clarify the above issues to facilitate entrepreneurship in India.
Sad Fact. But still hope for the best!!
However, these types of BAD situations consequently lead many Indian Entrepreneurs to VERY Risky Jurisdictions (one-example: Singapore) which appears to be the best — the Business Case Studies:
Startup in Singapore 👉NO More Bets!!
Eye-opening articles for 1000s of politicians, policymakers, diplomats, academics & business persons worldwide!!
Why Microsoft-LinkedIn help Singapore managing FAKE Reputation of Good Corporate Governance?
$$$ Profiteering, "kinda legit" Tax Evasion & Laundry Hub Singapore 👉 How much is Microsoft’s "extra-profit" simply by having “A$EAN Regional HQ” in Singapore?
Interesting Indeed
Corporate Laws, Innovation & Development:
The Corporate Laws {governing startup-companies, the startup-companies which are owned by non-resident citizens and/or foreign nationals} are one of the biggest barriers for the Innovation & Development in the countries like India.
Delaware (USA), Innovation, Business & Global Startups:
We can learn a lot from the Delaware (USA) w.r.t. the startup-companies which are owned by non-resident citizens and/or foreign nationals.
Singapore Startup, MiTA Services Pte Ltd, UEN 2009–216–74D; Business Case Study
Next: Maritime Security, and Global “Circular Economy” — the Reality
Maritime Security, and Global “Circular Economy”
BIMSTEC for Better Business:
“The Leaders foresaw the real need of BIMSTEC within 30 years of founding ASEAN;
BIMSTEC came into being on 6 June 1997 through the Bangkok Declaration; and
ASEAN was established on 8 August 1967 in Bangkok, Thailand.” — Dr. Madhab Paul
ASEAN is Dead, both: Politically & Economically:
(A) What’s the Proof that “ASEAN is politically DEAD”?
Easy Questions that facilitate better understanding:
Who dares to RISK renaming “South China Sea” as ASEAN Sea?
ASEAN Sea:
Forget about renaming, who dares to RISK giving “South China Sea” a nick-name/second-name: ASEAN Sea?
(B) How ASEAN is economically dead?
ASEAN is Dead, long-live ‘A$EAN’ only to facilitate kinda 500%legit
(x) Tax-evasion,
(y) Profiteering, and
(z) Money-laundering
in many 100s of Billions US$ each year via imaginary “A$EAN Regional HQ of the multinational companies” in the {least} CORRUPT Singapore!!
Any questions?
Long Live "A$EAN" for ...???..
3-Best-Questions — “why, how & what” — that can demonstrate the facts easily-quickly-correctly:
Why? Why Microsoft-LinkedIn help Singapore managing FAKE Reputation of Good Corporate Governance?
What? What’s to be done?
Acknowledge, Understand, and Act Urgently to rectify the “Glitches in Laws that makes most of us poor while making a few filthy rich”, as well as has been jeopardizing Peace & Livelihood of Billions of People worldwide:
“Glitches in Laws makes most of us poor while making a few filthy rich, as well as, has been jeopardizing Peace & Livelihood of Billions of People worldwide,” Dr. Madhab Paul
Glitches in Laws, two-best-examples:
Compared to Singapore, why India's "Anti-Money-Laundering Act" is extremely stringent?
In short: India is 100%Looser, while Singapore is 500%Gainer …
Singapore & CECA 👉 Leasing the License n facilitating movement & repackaging of "Stolen Money"
How can you minimize round-tripping money? One-Easy-Way: …
Consequently, the “Seamless ASEAN” is NOT a feasible idea anymore.
Foreign Trade, FDI & Seamless ASEAN? 👉Insight
Long Live "A$EAN" for ...❣️
BIMSTEC for Better Business💚How magically swiftly Thailand can regain it’s lost past glory, economically and diplomatically?
Here is 1 out of 5:
1 → BIMSTEC & Bangkok:
Can BIMSTEC accelerate “Better Business”?
Sure, and:
“I guess BIMSTEC is the only Better Way for faster economic growth of Thailand and it’s neighborhood,” Dr. Madhab Paul
How about the rest 4?
Let’s take-up the discussion in detail (separately) if you are interested; I welcome reply emails.
BIMSTEC for Better Business!! — A brief introduction
Per Capita Prosperity can multiply in the BIMSTEC quickly and easily, as soon as India aligns Indian Foreign Economic Policies with the Indian Flagship Foreign Policies:
(i) Act East & (ii) Neighborhood First Foreign Policies of India. — Why, how, and how easily?
$3.7Billion, Neighborhood First Foreign Policy of India:
Golden Myanmar: neither gilded nor tiny monotonous.
Maritime Security & Global “Circular Economy”
Global Strategic Business & Advantage Myanmar
Have you missed reading the last articles:Cancel Culture to cover-up "corruption"
धोबी-नाई बंद 👉শঙ্খ ঘোষ, "আমি তো আমার শপথ রেখেছি. অক্ষরে অক্ষরে. যারা প্রতিবাদী তাদের জীবন. দিয়েছি নরক করে। ..." – সবিনয় নিবেদন💚 → Easy: you may please refer to Google Translation or other better translators!
Long Live "A$EAN" for ...❣️
Non-resident "Indian Citizens" Startup-in-India: but how??
The Corporate Laws {governing startup-companies, the startup-companies which are owned by non-resident citizens and/or foreign nationals} are one of the biggest barriers for the Innovation & Development in the countries like India.
Sad Fact.
Based on own personal experiences, seems NONE in Indian Political Power & Government Ministries/Administration has any time, or have any interest to clarify the above issues to facilitate entrepreneurship in India. But still hope for the best!!
Best Wishes on 'Traditional & Original' New Year - শুভ নববর্ষ - of the BIMSTEC+ Economic Region.
দুগ্গা দুগ্গা,
Dr. Madhab Paul, PhD
https://innovation.mitaservices.com/dr-madhab-paul-professional-profile-cec01ada366a
ISBC - the International Strategic Business Concepts!!
https://madhabpaul.com , https://mitaservices.com
MiTA stands for “Management, Innovation & Technology Applications” in International Strategic Business💚