As an Indian entrepreneur based in Gurgaon, I’m launching an online oil and gas consulting firm. My clients are global giants from the US, UK, Canada, and the Arab world, while my consultant team spans Australia, the US, UK, and Norway. My software development is based in India. Initially, I’m targeting Indian companies for revenue. I’m looking to secure profitability after this initial investment phase, ideally starting next year. My investors are from the US, Brazil, Nigeria, and India. Given my Indian roots and desire to stay in Gurgaon, should I register my company in Singapore, the US, or Dubai?

Apni Law
Apni Law
Law Forum › Category: Corporate › As an Indian entrepreneur based in Gurgaon, I’m launching an online oil and gas consulting firm. My clients are global giants from the US, UK, Canada, and the Arab world, while my consultant team spans Australia, the US, UK, and Norway. My software development is based in India. Initially, I’m targeting Indian companies for revenue. I’m looking to secure profitability after this initial investment phase, ideally starting next year. My investors are from the US, Brazil, Nigeria, and India. Given my Indian roots and desire to stay in Gurgaon, should I register my company in Singapore, the US, or Dubai?
Vote Up
271
Vote Down
Apni Law Staff asked 2 years ago

As an Indian entrepreneur based in Gurgaon, I’m launching an online oil and gas consulting firm. My clients are global giants from the US, UK, Canada, and the Arab world, while my consultant team spans Australia, the US, UK, and Norway. My software development is based in India. Initially, I’m targeting Indian companies for revenue. I’m looking to secure profitability after this initial investment phase, ideally starting next year. My investors are from the US, Brazil, Nigeria, and India. Given my Indian roots and desire to stay in Gurgaon, should I register my company in Singapore, the US, or Dubai?

1 Answers
Vote Up
29
Vote Down

Best Answer

Apni Law Staff answered 2 years ago

Given your focus on Indian clients initially and your desire to stay in Gurgaon, registering your company in India would be the most practical choice. This allows you to benefit from local regulations, tax advantages, and easier access to your Indian workforce.

You Might Also Like

I’m a full-time employee at a software company in Pune. Since last year, I’ve been taking on freelance work through an online platform. Is this okay legally?

Is it possible to set up an LLP (Limited Liability Partnership) in India to trade in forex and derivatives? LLPs are similar to private companies and offer separate legal identity for their partners, so I’m curious about the feasibility.

A contractor working on a project for a client in India mistakenly billed for an extra expense they weren’t entitled to. The consultant overseeing the project overlooked this error. The client later discovered the mistake and deducted the excess amount from the next payment. They also charged interest at the prevailing Prime Lending Rate (PLR) on the overpayment. The contractor now wants the excess payment recovered, claims the interest shouldn’t be charged, and requests interest on the recovered amount at the market rate. The client argues the contractor intentionally inflated the bill and should view the excess payment as an advance, with the minimum possible interest at the PLR. What’s the fairest resolution to this situation?

I’ve been working at this Kerala-based company since May 2015 and resigned on July 8th, 2016, with immediate release by July 12th. The company is facing financial trouble and hasn’t paid salaries for the past five months. My appointment letter says I need to serve a three-month notice period or pay in lieu. I asked the company to deduct the notice period from my dues, but they’re not paying my salary or giving me a relieving letter. My new employer wants a relieving letter and wants me to join right away. What should I do?

Living away from family for most of the year is a tough reality for many working in PSUs. I spend about 280 days out of the year on tours, often even more. My wife is finding it incredibly difficult, and I understand her desire for a more stable life. Is there any Indian law or Supreme Court ruling that recognizes a right to spend more time with family, or guarantees a minimum amount of time at home?

Share This Article
Previous Article Our family owns an ancestral home in Noida, registered in my 80-year-old grandmother’s name. My mother and uncle have shares in it, and my aunt also claims a share. My grandfather made a will, but it wasn’t officially registered. To our surprise, my uncle published a sale advertisement in the local newspaper without our consent, even listing his and my aunt’s contact information. This has caused much discomfort, with neighbours inquiring about the sale, and we are not interested in selling the property. What are our options now?
Next Article I appeared for the Bank PO exam last year and cleared it, even got through the interview. However, when the results were announced, I was placed on the waiting list. The bank said selections would be made if vacancies arise due to non-joining of candidates or other reasons. Now, Punjab National Bank has 130 unfilled positions out of the original 830. However, they’ve informed us that they don’t need POs anymore this year and have already recruited 750 candidates for next year’s intake. Considering the previous legal battles won by candidates against banks and IBPS, what are our options? We’re about 1,000 people whose careers are at stake. Please advise us on how to proceed.

Follow US

Find US on Social Medias
Popular News
- Advertisement -
- Advertisement -
Ad imageAd image

šŸ“¢ Stay Connected!

Join our community on Telegram and WhatsApp for instant updates, news, and exclusive offers.