If you have a globally distributed development team (while founder sitting in India) and the business is about selling soft goods over internet across the globe. Does it makes sense to incorporate Delaware LLC/CORP in USA? Where there is no tax for company unless they make revenue in state of Delaware.
Are Indian’s Allowed to hold majority stakes in a foreign entity?
Know anybody who has done like this?
Alok Rodinhood Kejriwal
Yes, very much. Games2win.com and Contests2win.com both own 100% Subsidiaries in Delaware USA to do business in the USA. 2win secretary Satish can help you here….I will send him this thread