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