I run a website and get my payment from Google Adsense in form of a wire transfer from the USA. My company is registered in India and I live in India as well. The company has 5 employees, all residing in India.
I was thinking about opening a Free Zone Establishment in Dubai while residing in India and without taking Dubai residency. I am doing this mainly to save taxes and wanted to know whether it is legally possible to do so.
I will be the sole Director in the Dubai Free Zone establishment and it won't have any employees. Even I won't be drawing any salary from my Dubai Free Zone establishment. I will use it only to receive payment from the USA.
I won't dissolve my Indian Company. It will remain as a completely separate entity. I will transfer some money from my Dubai Free Zone establishment to my Indian company so that I can pay the salaries to my employees in India. So basically, My Indian company will be unprofitable and I won't have to pay taxes here.
Is this type of structure legally feasible?
Edit: If possible please let me know of any Tax Attorney in the Delhi Region who might be an expert in this field
If we are paying the csr liability during the FY 2021-22, CSR is calculating on average of 3 years profit.
My querry is which 3 years I have to considerd, 18-19, 19-20 & 20-21 or 17-18, 18-19, & 19-20. Please reply
Dear Sir,
Can a new auditor file ADT-1 for appointing himself as an auditor for a company even when the previous auditor has not filed ADT-3 for his resignation.
Will there be any liability on the new auditor in this case. The old auditor has given the resignation letter to the company.
Please help.
Regards,
Divyesh Jain
Hi,
I have surrendered my COP however I could not file ADT-3 for one company, Now When I'm trying to fill it with my DSC it is showing as an Incorrect membership number (probably my record is deleted from ROC as practising CA). How to file ADT 3 now? Can I get it filled with other Practising CA ? what is the solution?
My LLP has not filled Form 8 & Form 11 with MCA for F.Y 2019-20. I want to wind up the company. Is it possible to windup the LLP without paying Late fine.
can one director get remuneration from 2 company. please provide the section
Can a Private limited company having share capital take a loan from a Private Family Trust ?
Please advise .......................................
Hello Everyone,
A Query under Section 92 of Companies Act, 2013.
a) Due date of AGM was 31.12.2020
b) Company hold AGM on 08.08.2021 (After due date)
c) Company filing MGT-7 on 10.08.2021 (within 60 days of AGM)
*MCA charging additional fees on the same w.e.f. 31.12.2020. Whether it is correct or not?*
Bcoz, as per section 92 Company have to file MGT-7 within 60 days of AGM. My AGM was held on 08.08.2021 and form filing within 60 days. Why MCA charging additional fees on the same.
Sir,
I want to know whether there was any ceiling in case of registration of land in the name of a company or LLP in kerala. Sombody told that not more than 15 Acres can be registered in the name a company or LLP. Whether the statement was legally correct.
Thanks adv
In case of buyback the number of buyback is 1 lakh paid up capital is 10 lakhs and buyback value is 25 lakhs
I wish to know what amount to be filled in Sl no 9 of of form no SH 11 ( Amount of securities authrosied to be bought back )
Either Rs. 10 lacs ( being paid up value of buyback shares)
OR Rs. 25 lacs ( being total paid value of buyback of one lakh share)
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Law regarding setting up a Free Zone Establishment in Dubai while residing in India