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Hello, What is the best way to open a IT small business

Hello, What is the best way...
Hello,

What is the best way to open a IT small business company in USA and offshore development company in Asia i mean if USA will be headquarters then do we need to register first in USA then open an offshore company , how about if the owner in USA company is different than owner in Asia offshore company, is this possible? how the two companies (USA and offshore) will be attached as onsite and offshore company?

Thanks for your input and help!!

Thanks,
Paul
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Answered in 4 hours by:
7/7/2013
Richard - Bizlaw
Category: Business Law
Satisfied Customers: 10,706
Experience: 30 years of corporate, litigation and international law
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bizlaw :

Hello, I will try to help you. Please remember I just report or interpret the law, so the outcome may not be what you hoped for. If the two companies will have different owners how will they be related to one another. What function does the US company have and what function does the offshore company have? Is there a reason they would have different owners rather than both being owned by the two people?

Customer:

Hello

Customer:

Actually if someone want to open a company in USA and he don't to travel offshore to open an offshore company rather his friend can open a offshore company Is this possible?

Customer:

As i mentioned it is a IT information technology company and offshore is the development center

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I could not see your response so I had to switch out of chat. Could you answer my questions?
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Customer reply replied 4 years ago

yes i have answered your question. only because of travel constraint instead someone would like to open the company in offshore


Is this possible

If the goal is to have a parent subsidiary relationship then you can achieve that result even if initially the two companies are formed by different persons. You would open a company in the US. You could do it as a corporation or an LLC. You could then form a company in India. If you want to make the US company the parent, you would then have the owner of the shares of the inidan company transfer all his stock in the Indian company to the US company in exchange for the shares in the US company. If the friend is not to own any shares, then you could purchase the shares in the newly formed Indian company at small cost and that way owner of the US company will be the 100% owner of the US company and the US company.

 

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Richard - Bizlaw
Category: Business Law
Satisfied Customers: 10,706
Experience: 30 years of corporate, litigation and international law
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Hi I was just following up to see how you made out. If you have any additional questions or I can help on a different topic let me know.

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