Lets us understand the simple steps for registering a Company in US by following Delaware C Corporation.
There is no requirement for a US mailing address when forming a company in the US from India and also you are not required to be a US citizen or to have a valid visa.
In actuality, Indian nationals must follow the identical steps as US residents to create a Delaware C corporation.
Access to venture capital firms and startup investors is the main advantage of setting up your Delaware business from India.
The US has invested $130 billion in venture capital in startups annually on average over the last three years. Funds from established VC companies, angel investors, and startup syndicates are included in this (i.e.. crowdfunding).
By contrast, India is on course to have a capital market of$30 billion annually by 2025.
It is fantastic and definitely cause for celebration that the Indian capital market is expanding. But ultimately, creating a US company from India provides you immediate access to more money.
Six procedures must be taken in order to register an Indian firm in the US:
To create a business in the US, you do not need to reside there, but you do require a registered agent. On your behalf, a registered agent receives mail. They can receive official mail because they have a physical address in the state where you register.
If your company is already registered in India, you can "Delaware flip" it to shift it to the US.
When your business is still new, has a small number of stockholders, and has no outside investors, doing this is easiest.
To do a Delaware flip:
Your personal tax residency remains unchanged if you register your business in the US. Your corporation will pay taxes in the US since it is a distinct legal entity. You will continue to pay personal taxes in India as an Indian citizen.
To register your business in the US, you are not required to obtain a visa. But you will require one if you choose to relocate to the US in order to conduct your firm. For Indian nationals, there are a variety of work visas available, including the E-1, E-2, EB-5, L-1, and O-1 visas.
Once you have an Indian company registered in the US, you can hire local workers in addition to Americans if you so choose. However, you would need to go above and above in order to hire someone in India.
You can choose between two options:
By incorporating in the US, you can access the largest startup capital market in the world and solicit funding from US venture capitalists, angel investors, and syndicates.
A registered agent in Delaware must be hired even if a US address is not required to register a Delaware corporation there.
You don't need a work visa if you intend to work from India because your corporation will continue to pay taxes in the US and your personal tax situation won't change.
Either create an Indian subsidiary or use a firm like Deel to serve as your EOR if you want to employ Indians at your US corporation.
At Jordensky, we are committed to providing an experience of the highest caliber while specializing in accounting, taxes, MIS, and CFO services for startups and expanding businesses.
When you work with Jordensky, you get a team of finance experts who take the finance work off your plate– ”so you can focus on your business.