I’m not talking about companies like Meta, Google or companies that have their branch offices in India. Even Turing has registered India entity to pay employee salaries.
For example, take Miro. They have offices in Amsterdam but they don’t have a registered entity/office in India. Can companies like those hire Indian workers and make them work remotely from India? If yes, how would they pay salary? They won’t have official payroll here and without a registered entity they can’t pay PF. How does this salary thing works in this case? And do we have to pay taxes for both the countries?
Reason for asking: I was watching “Silicon Valley” and there was an episode where Pied Pieper hires 3 engineers from India, Pak and Europe without having any official offices in those country. How would they pay their salaries? Also, read somewhere on Medium that few people are working this way and getting paid $ equivalent of their salaries. If anyone knows anything about this kindly share info on comments.
I am also working for a Canadian company which is not yet registered in India, what they did is untill they register themselves here in India they hired as an independent contractor and paying money in Rupees. But in this situation I have no idea how the taxation will work. Reply appreciated!
Contact CA. They will help you. Contractor position has advantages and disadvantages
Remote.com solves this, you just need a global employment solutions provider
I don't think any answers till now answered all the questions. I am adding my question here as well to make it more clear. I know of 2 options, first you work on a payroll of some third party and this third party will take a cut and pay you in INR. Problem in this case, your offer letter, experience letter etc will say that you are an employee of this third party(small body shopping company) and you will not have any proof of having worked with the actual company. In this case third party will provide you PF, insurance etc. Second option is to work as a consultant. You are self employed and provide your services to a company abroad. In this case no offer, experience letter and no PF, insurance etc. You have more avenues to save income tax though.
My question: is there any way in which an abroad startup entity issue you equity without registering a legal entity in India?
I am working this way. No deductions at org’s end. Taxes to be done by employees themselves.
Yes. Many companies hire remote workers. They get paid in dollars. Your contract will mention how much you will get in your bank. Since you will be working from India, your income will be taxed according to India's income tax rules.
Are there any tax benifits/ loss while working for a remote company while staying in India?
I'm told that the pay would be a bank - wire transfer every month or it could be a payoneer.
Are there any specific questions should i ask to g...
Anyone has an idea on how taxes work if you're working remotely for a foreign (say US) company. Is it like you are taxed both from the US and India? For those who are working in such companies, it will be great if you can shed some light...
I want to know if we can get a remote job from abroad IT companies in India. Does anyone have any experience? If yes pls share how someone can apply for the same.
US based companies are goals! The advertised salaries are well above and beyond what's paid in India.
But is there anyone working at US based company remotely from India? How's the work like and do you get paid as advertised?
