I am currently running an IT service company in UAE since Jan 2024 when I was a resident in India. Since April 2025 I am an NRI and due to family situations I will be returning to India by end of this year after completing 183 days. I still have 3 years of my trade license in UAE active till 2028.
So next year(starting April 2026),I am thinking of working from India for which I need to decide a legally compliant setup where the tax and opex costs are under 20L as that was my expenses for an year in UAE.
So I am working towards finding an arrangement that will let me do this. The annual turn over is 1.4Cr where 20L goes as salary to an employee and the rest is something I withdraw as my salary in the current UAE setup.I do not plan to expand any time soon, so this is more like an extended freelancing work for now.
I have my wife who is full time working in IT consulting with another company who will help me in some capacity to create a salary arrangement structure as well.
I have been reading about 44ADA, but since my take home is 1.2Cr and it crosses the 75L threshold, I am looking at the best possible ways to leverage/not leverage 44ADA and keep the tax and company running costs below 20L. Due to the remote working nature, there are nil expenses other than the internet costs.
Thanks in Advance
CAclubindia
