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PBSkids

posts: 2

Oct 05, 2009 1:38 PM ET    Quote  Report Abuse
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Software Development startup, need process related help. Probably someone who has very good understanding of this operation should be able to help. This is how I am planning for my business structure:

1.Two Owner, One USA Citizen and another India Citizen
2. An onsite office in USA (Say in NY)
3. An offshore office in India (This office should be able to handle local Software related work in india also)

Service to include software development/maintenance, BPO

Questions:

1. What would be the best business structure for USA and Or India (I see that most of the existing company have an .inc in USA and LTD in india.
2. Tax related issues - if any that I should prepare at the time of startup (best resource to get help at the time of filing)
3. Legal related issues - if any that I should prepare at the time of startup (best resource to get help when required)
4. Banking - Since the transaction is in multiple currency, which bank and what type of account.  

Any help would be appreciated.

startuphelper

posts: 106

Oct 07, 2009 10:42 AM ET    Quote  Report Abuse
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An international business has its own set of complications. Go straight to the experts. Find an attorney, accountant and banker that can give you the answers you need. You'll need to use their expertise at some point in the process. May as well start with them right from the beginning of your planning stage. You should be able to gleen plenty of good info from the initial free consultations.



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Sylvia Freelance Business Plan Writer
PBSkids

posts: 2

Oct 08, 2009 8:15 PM ET    Quote  Report Abuse
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I agree, I need to go to attorney, accountant and banker. I was thinking if I could do some homework before going to them. Since there are many in this forum with similar experience, I though probably they can give some suggestion based on their experience.

I appreciate you for suggestion. 

RichSUN

posts: 96

Oct 10, 2009 12:15 PM ET    Quote  Report Abuse
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Why don't you forget the international conglomerate idea for now.

First get the product finished and get a few users, then worry about becoming a business mogal.

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