My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Growth Strategies

What are the legal and tax ramifications of an Indian company creating a U.S. branch?

Our IT company in India offers SAP onsite and offshore consultancy services. I plan to open a branch office in California and want to know the best way to do this.
Opinions expressed by Entrepreneur contributors are their own.
In a nutshell, the legal and tax ramifications are that you are subjecting your Indian company to the laws and taxes of the United States. Your branch office in California will be subject to California law (and applicable federal law); and the income earned through the California office will be taxed by the U.S. federal government as well as state and local authorities. In addition, you may run into issues regarding the transfer of funds from the California branch to the overseas parent company. Make sure you speak to attorney and accounting advisors in both India and California who have experience with this sort of situation (overseas parent company/U.S. branch office) to determine the best way to set this up.

How This Living Room Side Hustle Rapidly Expanded to a Multi-Million-Dollar Business