3 ms·
As long as your main revenue base is not India, and you're not visiting to make board decisions visiting India, on the business of a subsidiary, should not be a
by zhte415 10y ago
As long as your main revenue base is not India, and you're not visiting to make board decisions visiting India, on the business of a subsidiary, should not be an issue.
You're looking at taxation for resident income, and source income. Sure, a local entity should pay tax at source, in your case India, but unless you're sitting in India and taking global decisions or decisions creating significant global impact, no need to pay on resident income.
IANAL but this is my experience interacting mainly with large corporate. You might want to ask legal in your company or have an international independent auditor advise; don't want the wool may well being pulled over your eyes. And that would be bad, as it would be a dereliction of trust. And I've seen that a lot when, non India specific, but offshored locations try to build ill-founded silos.