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Starting and Doing Business in USA Help each other make money and have fun doing it :-)

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Old 12th September 2005, 08:38 PM
netedk netedk is offline
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work for Indian company remotely from US

I am on H1B visa in US working for a US company and drawing salary in US. Can I:
  • Own a company in India/ be a partner in an INdian company in India?
    Draw a salary as a partner for work I do remotely for the Indian company? The work I do is basically provide management advice, strategic guidance, and draw business plans?
  • Any idea on tax implications? As far as I gather I dont have to pay US taxes on salary earned on income from source not in US. I will of course have to pay Indian taxes on this salary.


Thanks for your time,

Dharm
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