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Before Starting an LLP, one needs to understand what it is. A company can be incorporated in various forms depending on its works and features. It can be a Sole Proprietorship company, a Public or a Private company, and a few others. One such variety of companies is a Limited Liability Company or an LLP.

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Anyone who wishes to transact in foreign currencies must first obtain an FFMC License in India from the Apex Bank or RBI. The holders of such a license are permitted to buy foreign currency from NRIs (Non-Resident Indians) and sell it to Indian tourists traveling overseas for business.
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