Incorporation of a Subsidiary Company By a US Company

R (UnDisclosed) (57 Points)

25 August 2010  

Dear Experts !

 

A Company in U.S providing Web Portal Services to its customers World wide wants to setup a Captive Dedicated Software Development Centre in India.in this case  What should be the ideal status of the legal entity in India suhc as

Private Limited , Project Office , Branch Office

Please do let me know from a perspective of Tax Planning & Overall liability

these office will solely work for U.S Company and will bill for Cost+Expenses , there is no immidiate intention to accrue profit in India Operations.