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Question:
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Subject: Opening branch office of Indian company in NJ
We wish to know the legalities involved in opening the branch office of an Indian manufacturer-exporter of home textiles. This company is already exporting to wholesellers in USA.
Now wants to have own branch office in New Jersey.
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Reply:
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You will want to set up a separate Limited Liability Company or Corporation in New Jersey to run the NJ business. This has the advantage of being a US based entity with US source income. Any profits could either remain in the US or be paid as management fees to the parent Indian company.
Please check my web site https://www.taxesq.com/ for more information about setting up a New Jersey company.
I hope this helps!
Ron Cappuccio
