Menu
Foreign company
yes, it is possible for a foreign citizen to start a company in India. As you metioned in your query that foreign company will only send salary directly to the employees of the indian company, then what will be revenue for the indian company. Foreign company can't pay salary directly to the employees of indian company. So foreign company should pay consultancy charges to indian company and indian company in turn will pay the same to its employees. Consultancy charges received from foreign company will be revenue of indian company. However a thorough advise from a direct and indirect tax consultants is recommended in this regard. FEMA regulations should also be taken care off.
I hope this will suffice.
Recent Threads
- CERTIFIED FRAUD EXAMINER EXAM
- Service availed ITC query
- How do I purchase Copper Clues games in Kolkata?
- Regarding Annual Return for 23-24
- Property registration without physical PAN card
- Paying Rent in Cash: This Could Trigger an Income
- Market Down, Portfolio Down: Need suggestions for
- How much tax is payable If I withdraw my mutual fu
- GST Penalty Provisions under Section 73 vs Section
- How VFA Academy Helps Traders Build Discipline and
Related Threads
CAclubindia
