Can i be an owner of corp in US and also in India

G

gcexpress

Registered Users (C)
With the help of my cpa I have just incorporated in the US. Now I would like to incorporate in India. Is it a good idea to be Presidents of both the corporation or let my brother or one of my friend be the CEO of corporation I am starting in India.
Does this really matter ?

Pl offer your feedback on this aspect
 
Thanks buddy

Hi JoeF,
Thanks very much for your response. My Dad has agreed to be the owner of the corp in India and my Brother will lead the operations there.

Do you mean if I earn an income in India from the profits, I gotta report them on tax returns here. If yes.......then do I pay tax on this income here or in India. Is it that I just report this extra income, but pay taxes in India.

Thanks again for all the help you have rendered with my queries.

_gcexpress
 
You must log in or register to reply here.
Top