Ask HN: Incorporate in US, but Live in India?

2 pointsby codeindreams5 years ago6 comments

Hey everyone - I currently work on H1B visa in the US, have a Singapore Permanent Residence, and Indian citizenship. I am planning to start up a global internet-based company with initial users in the US. To build global credibility, I'm inclined to incorporate in US, but on a personal front, I'd like to move back to India and operate from there.

Do you have insight on the legal, tax and cost implications of operating in such a manner? Would you do an alternative structure?

6 comments

giorgioz5 years ago

If you plan on bootstrapping and not getting venture capital I recommend using a LLC. You can form it yourself online: https://www.llcuniversity.com/ If you live in the US for more than six months you will have to incorporate the LLC in the state where you live.

nnn12345 years ago

Firstbase, Stripe Atlas, and a few other options. There are everything handled for you services. WHy not incorporate in Sg? Start in Sg and once you have people incorporate in the us if you have to

codeindreams5 years ago

Do you suggest SG because of lower taxes?

codegeek5 years ago

You can do Stripe Atlas if you want to move back to India but incorporate in the US.

tsjq5 years ago

update title to: Ask HN

Does the H1B Visa status allow you to start your own company in the USA ?

codeindreams5 years ago

Thanks, updated. Yes, I can incorporate a company as a foreigner.