In future, if we need to consider L1 Visa applications, do we need to note anything during incorporation (like subsidiary setup)? If you can show enough profitability, you can opt for L1 as well as H1.
Note: You have to show financial transaction history, net income, profitability and payroll history.
After you set up your corporation, there are separate ongoing costs of running a company that we help you manage.
Key ongoing costs from 2nd year are as follows,
Delaware agent — $50 per year
Corporate tax preparation — packages start at $250 per year
Delaware tax filing — starts at $225 (There is a minimum tax of $175 and a minimum filing fee of $50; so there is a minimum Delaware franchise tax and annual report payment total of $225 a year for Delaware domestic corporations.)
You will receive support from an in-platform attorney and CPA services in a streamlined flow.
Our attorney profile https://startglobal.co/ryan.html
Our CPA profile https://startglobal.co/marcus.html
We already have a private limited company in India. So, which option is better? To incorporate US entity as a subsidiary of Indian company, vice-versa, or as an independent company? We usually find it better to incorporate with US as subsidiary unless you plan to raise more investments in the US. In case you expect to raising funding in the US, you might want to keep US as primary entity.
The US company will be registered in Delaware, right? Do we become liable to pay California taxes if we get a Virtual address in California? Is there any difference if we buy a seat in a co-working space in California? California needs your physical presence in order to be liable for compliances, and you have to report your world wide financial report during tax filing. It's usually advisable only to go with Delaware.
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