Establishing a new business venture in a country having as diverse and complicated system like India is not an easy process. Most of the people who want to establish new business have to go through many obstacles placed by the system which should be largely single window and simple. Being one of the fastest growing economies of the world India has become one of the most favourite choices for foreign investors. But there are still many formidable challenges out there for foreign investors eyeing up to do business in the country. The complicated rules of the government and the prevalent red tapism in the system also play a big role in creating hurdles for the establishment of new business in the country. The way files move at a slower pace in government offices also make the establishment of a new business difficult. Most of the times lack of transparency in the finance regulating system of the country, makes establishing a new business a troublesome process. There is always a need for greater disclosure of information on part of the regulatory authorities like Trade and Tax controlling departments. For successes of business and markets there is a dire need for openness and transparency of the regulating systems so that the business can run smoothly without facing any hurdle. Most of the times, the lack of transparency results into lack in acquiring enough resources to establish a successful and thriving business. The lack of transparency on part of the governing bodies creates an environment of uncertainty due to which the companies often shy away from doing long term planning leading them to a short term focus which ultimately leaves an adverse effect on the business. The lack of transparency in the system leaves the NRIs wanting to establish their business in India