Start doing Business on EAD

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Sahi_vin

New Member
Hi,
We have a Medical Transcription Business in India,most of our clients are from USA and want to start a office here because we expect more business with a physical location in USA. Basically i want to float an Indian Inc company in United states. How would i go about that, any help would be greatly appreciated.

Thanks for advance for your time & suggestions,
Sahitya.
 
Sahi_vin-

You can open a subsidiary of your Indian company in the U.S. Or, you can open an independent U.S. company, which would be owned by you (technically, if you own the Indian company, then the Indian and U.S. companies will be 'sister' companies). In any case, the options from corporate law perspective are quite open. U.S. corporate law is very open to this kind of options, but you should check with a lawyer licensed to practice in the state in which you plan to open the business for more details.

I am not sure what do you mean by 'float' - do you mean go public? This is a very complicated and costly process. Do you mean find investors? This is probably something you should discuss with a business broker.

Your question does not seem to touch upon any immigration law issues, so I will not address any, but feel free to follow-up if this is also of concern to you.

Sahi_vin said:
Hi,
We have a Medical Transcription Business in India,most of our clients are from USA and want to start a office here because we expect more business with a physical location in USA. Basically i want to float an Indian Inc company in United states. How would i go about that, any help would be greatly appreciated.

Thanks for advance for your time & suggestions,
Sahitya.
Click to expand...

Good luck-
 
Starting Business on EAD

First & foremost, Thanks for your response.
Regarding the immigration status, I'm on H1-B status and my wife on EAD status so i know we should be able to do the business here in USA.Let me know if i'm wrong there.
What Float exactly means is to do some advertising(ADV) or some kind of marketing in US markets for our company in India. Float definitely doesn't mean that we are going to Public issue or something.
so here is my question,

On your previous post you said its very complicated n complex procedure, i would assume that's because you thought(assumed) we are going to public. I'm right in saying that or is it difficult to start business in USA you meant.

How complicated i could get to open a sister Inc in USA or just open a straight new office here and then link it back to Indian Inc company. Let me know if you have any idea what would be the Pros & Cons either starting a sis company or starting a new company. Which ever is the best you think.

Do you have any checklist that i can go through for starting a medical transcription business in USA. I would appreciate your help.

Thanks
Sahitya.
 
Sahitya-

By "very complicated and complex procedure" I was referring to the situation if you wanted to have a publicly traded company. Otherwise, creating a US (private) company is quite easy. This, however, depends on state law. Once you determine in which state you want your company to be established (you have some flexibility in choosing a state), I urge you to consult an attorney in that state for more details about forming a business there.

As far as immigration law consultation - private message me if you need any asisstance.

Good luck-
 
Immigration question on small/home based business

Hi,
Thanks for your response. Now Immigration law question follows,
What kind of documentation that i need to provide to Immigration if i want to start a small/based business here in USA. Let me know if you have any idea.

Thanks,
Sahitya.
 
With EAD you can start a business without any issues and no need to provide any documentation. Just go to your accountant and start one. If you want to DIY route check your Secretary of State website. Its just few straightforward forms.

The company in India could be an independent company who acts as your vendor.
 
Find the right people

In my opinion, you need to connect with people who have what you need and have the same aim. You need to find people in US who are interedted in the same business and need a setup like you have in India to work with them.

It is not easy to find out such people and thats why you are having problem.

I will say visit forums where young entrepreneurs meet to connect and help each other out in a mutually benefitial manner to achieve their goals.

Induspreneur http://www.induspreneur.com is one such websites focused to connect Indian Entrepreneurs with matching needs and similar goals.

Good Luck with your business.
Induspreneur.com team
Connect & Grow
 
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