The conversation between human and AI assistant.
Can I start a company in India solely for purpose of holding my personal investments? (To avoid holding the investments directly under my name)?
That sounds good. Are there any downsides to starting a holding company for personal investments?
One downside is that it can be more expensive to set up and maintain a company compared to holding investments personally. You may also need to hire professionals to help you manage the company and comply with legal and tax requirements. Moreover, if your investments are not substantial, it may not be cost-effective to set up a holding company.