Category: Blog

5 US Incorporation Mistakes Global Entrepreneurs Must Avoid

5 US Incorporation Mistakes Global Entrepreneurs Must Avoid” is more than just a cautionary list it’s a wake-up call for those eyeing the US as their next big move. The US is still seen as the ultimate benchmark for identifying a business as a global initiative. For many with international ambitions, it represents the ultimate prize. a dynamic market, lucrative consumer base, and undeniable allure. However, navigating this geography is highly complex. We learn mostly from our mistakes, but a few are simply non-negotiable. Here are the top 5 mistakes that entrepreneurs make while expanding their business to the US and how you can avoid them. Mistake 1- Choosing the Wrong Business Structure  While there are various structures of businesses available, for a Non-Resident, the US has two business entities to offer-  (i) LLC- Limited Liability Company (ii) C-corp- C- Corporation While both offer their separate conveniences, choosing the right one as per your business needs is necessary.  Not all the time an LLC will help you thrive and not all the time it is the best worst possible way out.  An LLC is very similar to an LLP in India, While a c-corp is a separate legal entity.  Your business needs attention, book a free consultancy to know more about choosing the right structure. Mistake 2- Underestimating the Importance of Local Presence Expanding your business to the US? Then why do you want to stay limited to a paper company? Many founders overlook the idea of having a physical presence. It is something that makes the company credible in the eyes of customers, vendors, or investors.  For a matter of fact, even vendor-onboarding requires a local presence? Would you really want to miss that opportunity? Not having a presence on the US soil can result in- Delayed client onboarding, no virtual as well as physical payment address or bank account and maybe catching the chargebacks as a sham company. Along with that, having a visible (physical) presence can also help you achieve local networking. And now as Indians, no one knows the value of the local network more than we do.  Pro Tip– A physical office and a U.S. phone line can do wonders to your business.  Call us now to get a physical address at the ease of a few dollars.  P.S. we not only give you an address, but we give you a shelter in rain- our on-ground support is unbeatable.  If you want to read more on Physical Presence, read out our next blog- (blog on local nexus) Mistake 3- Ignoring the Tax Complexity Unlike India, each state in the US has its own tax structure. You may owe different taxes in different states.  Some states do not have any state income tax, while some charge hefty amounts.  Understanding this can be very complex, but then you are a business owner, your job is to help the business flourish, our job is to support you with that.  Here are a few tips you can keep handy as an Indian Citizen running your business in the US: DTAA- India and US have signed a treaty called Double tax Avoidance Agreement. Taking advantage of this,once you have paid the taxes, you may not have to pay the taxes again in your home country.  Franchise Taxes- Also called privilege tax, is charged by some states in the US, irrespective of your annual income. It is advised, while choosing to run the business in initial days, you pay attention to these minute details.  To read more on US Taxation, visit this- (blog on taxation) To get your queries addressed, reach out to us here. Mistake 4- Poor Banking and Payment Setup For the ease of opening it, people often mistake virtual bank accounts as their go to solution. While it may look lucrative in the beginning, it might not be the best idea for your business.  Along with that, be it virtual or physical, both require physical presence in the US, so why not go with a physical bank account and initiate the golden era of our business.  Physical banking definitely comes with its many benefits- ease of transaction being one of them. Of course, traditional banking always wins. A virtual bank- driven by technology might get shut at any moment, all your funds frozen right there. You may think that this blog is to scare us, but trust us, there have been numerous instances where virtual banking failed the idea of ease of doing business. Let us know if you need any help with your banking, and we will be happy to assist you.  Mistake 5- Failing to Protect Intellectual Property Neglecting intellectual property will not only open doors for the thieves, but will also bring disgrace to your brand goodwill- which you have built with sweat and labor. Registering your trademarks and patents is non-negotiable for safeguarding your innovation, your good will and your business.  US IP Law favors the first to file, not the first to use. Without protection, you are risking your brand identity. Do you want that? We believe the answer to that is a straight no.  To avoid this, along with registering your Intellectual Property, it is advised that you start signing NDAs and adding IP clauses in your agreements.  We as Consultants not only help you set-up your company, but we also give you end-to-end services. Let us know your willingness to save your Intellectual Property, and we will be there assisting you with it.  Conclusion Our job is not to just launch the business, but also to promote and help it run safely in the long run. Because owning a great service or product might not be the key to success- you need to give close attention to the process involved. And while you are too busy running the business, let us give you the backend support required to enter the flourishing era. Let’s stop blindly following the “Wyoming LLC in 24 hours” and start taking informed decisions about the right..

The Tax Games: May the Deductions be in your favor

The Tax Games are real — even after successfully launching your business in the US, you’re still wrestling with taxes, aren’t you? Let’s face it — whether you’re a startup tech founder or running a BPO offshore, taxation isn’t optional; it’s essential for survival. Juggling between State Taxes, Federal Taxes, and then Trump throwing tantrums on top of everything? Let us help you navigate the chaos. Understanding the Basic Tax Structure The United States is a Federal Country, which means every State is a mini-country in its own under the umbrella of the US, hence the name- United States of America.  But what does a mini country and an umbrella country exactly mean here? So, in a lay person’s language, we are supposed to pay taxes to two separate entities- to the Federal, i.e. the IRS (the one which issued your EIN- yes, that only), and then to the State, also known as SALT (State and Local Taxes).  (i) Federal Taxes-  Corporate entities are taxed at flat 21%, which means whatever your profit is, you are supposed to pay 21% of it to the IRS ( which stands for Internal Revenue Service). Non-negotiable.  (ii) State Tax- On the State level, each state has its own Taxation policies- some charge state corporate income tax, some don’t. Other than that, some states also levy local taxes like:- Choosing the right business structure Choosing the right business entity can change the way you are going to be taxed. LLC- a form of partnership, partners are taxed on their personal filing.  While in a C-corporation, the company is a separate legal entity, all the taxation is dealt separately for the Company, you as an individual do not have to file individual returns.  As a foreigner in the US, it is advised that you establish a C-corp, not only for the taxation, but for other purposes as well.  To know more about LLC vs C-corp, read our blog- (backlink to llc vs c-corp) The forms- Compliance and how to avoid chargebacks Having a business in the US is a dream for many, and is appreciated as the benchmark of global expansion. And it is not solely because America is rich, but because it has one of the strictest compliance structures, which if failed, attract huge chargebacks.  Lets discuss two of the crucial forms required to be filled by you as a Non-resident business owner.  (i) Form 5472- Required for an entity owned by foreign individuals, with 25% or more stake in the company. The main purpose of Form 5472 is for the government to monitor the flow of transactions between reporting entities and related parties. This ensures compliance with U.S. tax laws and helps combat financial crimes like money laundering and tax evasion. Failure to do so can invite chargeback of $25,000 (ii) Form W-8BEN- for declaration of your foreign status to avoid unnecessary withholding. (iii) State Tax Filings- Most states require an annual return or franchise tax filing, even if you have generated no revenue. Myth– Assuming no revenue means no filing Fact– Foreign owned entities have filing mandates regardless of activity or profit. The IRS believes that silence is guilt. Hence, even if you ‘did not do any business- generated no profit’ you may still need to file. Common Mistakes Even full-grown businesses sometimes commit certain mistakes which attract huge chargebacks, leaving them to wonder- ‘what did I do wrong’ (i) Missing treaty benefits-  Tax Treaties like DTAA can reduce or eliminate double taxation- if you claim them properly (ii) Ignoring State Filings-  In certain states you may still owe franchise tax. Apart from that, you need to maintain registered agent compliance.  (iii) Trying to DIY it all Hiring a professional can reduce your burden immensely and add up to your gross profits in huge amounts. Trying to maintain tax and accounts would end up mixing your personal and professional finances, making the scenario even more complicated (as if the US Taxation is not complex enough). Conclusion Yes, U.S. taxation is complex. But it’s not something out of this world. With the right structure, filings, and strategy, you can legally minimize taxes, maximize profit, and run your business with confidence. Taxes aren’t just about paying- they’re about planning, which is why we offer you efficient Tax Planning services, to know more, reach out to us. So along with your Hard work, let’s bring our Smart work on the table, and help you take your hard-earned money, to your home country, with least possible deductions.  As always: May the deductions be in your favor.  Ritu

India FDI Limits & What You Can Invest In

India FDI limits have become a focal point for global investors as the country emerges as a compelling destination for foreign investments. Owing to its rich cultural diversity and flourishing industries, India’s swiftly growing economy and varied cultural landscape offer numerous opportunities for investors eager to explore new markets. As India progresses in liberalizing its economy and opening various sectors to international participants, grasping the limits of Foreign Direct Investment (FDI) becomes essential for anyone considering investment in this region. This article aims to provide comprehensive insights into FDI in India—from entry pathways and sector-specific limits to compliance obligations and potential advantages. Whether you are an entrepreneur or an investor examining India’s dynamic market environment, this guide will assist you in navigating your investment journey with assurance. What is FDI? Foreign Direct Investment (FDI) refers to the investment made by an individual, company, or entity based in one country into the business or capital of another country — typically by acquiring ownership, control, or a lasting interest in a local enterprise. This type of investment usually involves acquiring significant stakes, establishing subsidiaries, or forming joint ventures in the host country. As per Foreign Exchange Management Act, 1999 (FEMA), FDI means investment through capital instruments (such as equity shares, convertible debentures, preference shares, etc.) by a person resident outside India in an unlisted Indian company or in 10% or more of the post-issue paid-up equity capital of a listed Indian company. Note:- In case an existing investment by a person resident outside India in capital instruments of a listed Indian company falls to a level below ten percent, of the post issue paid-up equity capital on a fully diluted basis, the investment shall continue to be treated as FDI. Explanation: – Fully diluted basis means the total number of shares that would be outstanding if all possible sources of conversion are exercised. FDI Entry Routes FDI in India is allowed through two routes: FDI Limits across Key Sectors (2025) India reviews its FDI policy regularly to keep pace with global trends and domestic priorities. Here is a snapshot of the latest sectoral limits and routes for FDI in 2025: SECTOR FDI LIMIT ROUTE Agriculture (specified activities like horticulture, animal husbandry, plantations) 100% Automatic Airport (Greenfield and brownfield) 100% Automatic Manufacturing 100% Automatic Insurance 100% Automatic Defence 100% Automatic (up to 74%), Government approval + security checks (above 74%) Telecom 100% Automatic (up to 49%), Government approval (above 49%) Pharmaceuticals (Greenfield) 100% Automatic Pharmaceuticals (Brownfield) 100% Automatic (up to 74%), Govt. (above 74%) E-Commerce 100% Automatic Single Brand Retail Trading 100% Automatic (up to 49%), Govt. (above 49%) Multi-Brand Retail Trading 51% Government Approval Private Sector Banking 74% Automatic (up to 49%), Govt. (above 49%) Public Sector Banking 20% Government Approval Civil Aviation 100% Automatic Railways (in select activities) 100% Automatic Construction Development 100% Automatic Real Estate Business (except REITs) Prohibited – Gambling, Betting, Lottery Prohibited – Atomic Energy Prohibited – Sectors where FDI is prohibited Despite the liberal regime, there are areas where FDI is strictly not allowed. These include: Recent Policy Updates The FDI cap in insurance has been raised from 74% to 100% for companies investing their entire premium within India. This move is expected to attract global insurers and boost market competition. The government continues to streamline regulations, decriminalize minor offenses, and roll out digital processes to improve the investment climate. Most FDI now comes through the automatic route, reducing bureaucratic hurdles. Investments from entities in countries sharing a land border with India (e.g., China, Pakistan, and Bangladesh) require prior government approval, regardless of sector or amount. This is a national security measure introduced in recent years. Where Is FDI Flowing? India attracted a record $81.04 billion in FDI in FY 2024–25, with the top recipient sectors being: The leading states for FDI inflows are Maharashtra, Karnataka, and Delhi, with Singapore, Mauritius, and the United States as the top source countries. What Can You Invest In?      Here is a quick guide to sectors open for FDI and their potential: India’s flourishing technology ecosystem permits 100% FDI in software, IT services, and fintech. The government’s initiative for “Digital India” makes this sector particularly appealing. Thanks to the “Make in India” campaign, the manufacturing sector is highly accessible for FDI. Areas such as electronics, automotive, and pharmaceuticals are notably attractive. Single-brand retail: Up to 100% FDI (with conditions). Multi-brand retail: Up to 51% FDI, but subject to government approval and local sourcing requirements. The banking, insurance, and Non-Banking Financial Companies (NBFCs) sectors have experienced liberalization, with insurance now permitting up to 100% FDI for eligible companies. Additionally, FDI up to 100% is allowed under the automatic route in most NBFCs provided they engage in 18 specified activities (such as leasing, asset finance, etc.). 100% FDI is permitted in construction, industrial parks, airports, and certain railway activities, positioning India as an attractive destination for infrastructure investors. Both Greenfield and Brownfield pharma projects are open to substantial FDI limits, with the sector attracting significant foreign interest. 100% FDI is allowed in most agricultural activities (like horticulture, animal husbandry, etc.) and food processing, bolstering India’s food security and export goals.     How to Invest: Steps for Foreign Investors Final Thoughts India’s Foreign Direct Investment (FDI) framework in 2025 is considered one of the most liberal in the world, allowing nearly all sectors to have up to 100% foreign ownership via the streamlined automatic route. Nevertheless, investors should remain aware of specific sector limitations, compliance obligations, and restricted areas. By employing an effective strategy and conducting thorough due diligence, investors can access significant opportunities in one of the fastest-growing economies globally. juris consultants shubham Agarwalwww.jurisconsultants.in

US Bank Accounts from Abroad— A 2025 Guide

Does obtaining a US Bank account from Abroad feel like a far fetched dream? Let’s break it down and bring your dream to reality.  It’s very easy, honestly. Like any bank, even the balls in the US want you to give them an assurance of your legitimacy. Once you check everything off this list, you will have your US bank account in no time.  Any bank account is approved either for an individual or a company. If you are a foreign citizen and wish to open your account in the US, you will have to form a company there. A lot of people will take shortcuts and partner up with a US citizen. Not a great idea, based on their participation in your company, the percentage of revenue you will be sharing with them. There are a few partners who will demand up to almost 30% of your revenue simply to provide their credentials and it’s just not worth it. Why cut your margins when you can do it yourself by registering a company in the US with the help of a registered agent.  Be it a virtual bank account like Mercury or Wise, or a physical account like Bank of America, a physical address is absolutely necessary. Virtual addresses are a thing of the past now, even virtual Banks decline your account request if they find that your address is virtual or a PO Box address. So, availing a physical address in the US is non-negotiable. You need to avail this physical office and have your company registered on this address. If you can google verify this address, then there’s nothing like it.  Not a lot of people will tell you this but your website is also a crucial part of your bank account since it is the face of your company. Since you are not present in the US physically, your website is what actually tells them what it is you do, and how well established you are. As a matter of fact, your website is a very important part of your KYC, so don’t hold back on it.  What type of entity you form determines whether you get an account or not and here’s why. There are some entities that require you to be physically present in the US in order to open an account. There are others that do not require your physical presence in the US. Everyone knows what a struggle US immigration is, and getting your Visa and going to US is not as easy as it may seem, this option is not feasible and simply does not help our pain point here, which is to get US Bank accounts from Abroad, from the comfort of your own home. In order to find out which entity is best suited for your business, you should seek help from the experts and get a tailor made solution for your needs.  Things to keep in mind:  Put this in pointers: A bank account might not be enough for a lot of businesses. If you wish to accept payments from your clients, you will have to give them as many modes of payments as possible. This includes Credit card, Debit card, Apple Pay and many more, and in order to accept these, you require Merchant services and payment gateways. So it is best to get your business plan overviewed by experts who can always tell you what is the best way to proceed. Do not follow the market trends blindly, every business needs its own strategy.  Online platforms will have you believe that the company you formed for $300 dollars, in a random state without thinking twice is going to run effortlessly till the end of times. I hate to break it to you, that’s not gonna happen, forming and running a company takes a lot of thought and effort but the right people can make it easy for you. Do not let all the information you see on the internet overwhelm you, if you are equipped with the right information, then it’s a piece of cake.  Conclusion Opening a US bank account from abroad isn’t a dream—it’s a strategic process that becomes simple with the right guidance. Avoid shortcuts, stay compliant, and build a strong foundation for your business. With expert support and the right setup, you can confidently go global from your own home. juris consultants Sushmitaa Patil

Why Choose The US For Global Expansion

Why Choose the US for Global Expansion — Although the world is in a flux — from global inflation to war-induced crisis — the business feels more uncertain than ever, and not to mention the new Trump regime and simultaneous trade wars have added fire to the fuel. Uncertainty seeps in through politicians and business-men having disagreements and you may never know when the policies may change for good or for bad. If you are a founder, business-owner or simply a market enthusiast waiting for the right time, this might be the best time to start expanding to the US.  Here are a few answers to your whys. The overwhelming restlessness Let’s face it, we are at the conjuncture of But here is the key- this is not the first global tumult we are experiencing, nor will it be the last. This means that businesses, while needing to be agile and adaptive, can draw on lessons from past crises and build resilience for future ones.  Well, this blog is not about pretending things are fine but how calculated and calm steps can be a changemaker, because let’s not forget, uncertainty is not the end, it is the beginning of something transformative.  Why US is still the Ideal for Global Expansion Largest consumer market in the world- Be it goods or services, the US has a huge number of consumers and is also a gateway to reach global markets along with high demand for global services and expertise. Business-friendly legal and tax framework- Many states in the US offer business friendly environments, some of them with least or no state taxes. For example- Texas. Easy access to global capital and venture funding- An US Address captures the interest of investors quickly. Because of the stringent laws in the US- it gives a reassurance to investors that their capital will not go in vain. Innovation and tech leadership- etsy, ebay, amazon- all multi-billion dollar companies have their home in the US. Seamless infrastructure and digital access- Home to silicon valley, with major tech giants like Google, Microsoft and Amazon. Presence in US gives your brand a credibility boost- Having a U.S. entity or presence significantly enhances a brand’s credibility. It communicates: To learn more about the US opportunities, book a free consultation with us, now. Opportunities hidden in crisis To know more about such businesses, reach out to us.  Key Takeaways and Conclusion Uncertainty is not new, but it is not unbeatable as well. Businesses like Apple, Airbnb, Microsoft- all of them grew in tough times, and as the saying goes, tough times don’t last but tough people do, we have the visible examples for ourselves.  This is your moment to go inward, get intentional, and build with resilience. Because while others panic, you’ll be preparing- not just to survive, but to lead.  juris consultants Radhika Sharma

India – preferred destination for startup innovation

From Silicon Valley to Bengaluru, the global startup world is rapidly shifting focus to India — and it’s not without reason. India is no longer seen as just a talent outsourcing hub; it’s become a preferred destination for startup innovation, scalability, and high returns. In 2025, global entrepreneurs and investors are choosing India as a strategic base for launching and growing their ventures. India’s transformation into a startup powerhouse has been fueled by a unique combination of policy reforms, digital infrastructure, a massive consumer base, and affordable talent. In fact, it now stands as the third-largest startup ecosystem in the world — only behind the United States and China. The momentum is real, and the data backs it. Government-Backed Growth India’s startup journey is not an accident — it is the result of visionary government initiatives like Startup India, Make in India, Atmanirbhar Bharat, and the Atal Innovation Mission. These programs offer startups access to incubators, accelerators, tax benefits, simplified regulations, and direct funding support. The goal is clear: empower startups to build for India and the world. These reforms have had a measurable impact. In 2014, India ranked 142nd in the World Bank’s Ease of Doing Business Index. By 2020, it had jumped to 63rd — a staggering leap that reflects a deliberate shift toward ease, speed, and scalability for entrepreneurs.[Sources: Startup India, DPIIT] The Billion-Dollar Club: India’s Rise in Unicorn Rankings India is now home to 100+ unicorns — privately held startups valued at $1 billion or more. These companies have not only disrupted industries but have also delivered strong returns to global investors, often 5x to 10x. Some well-known unicorns include Byju’s, Razorpay, Zomato, Nykaa, and Flipkart (now part of Walmart). A unicorn startup is typically venture-backed, privately owned, and has not yet gone public via IPO. India’s unicorn count is the third-largest globally, showing the depth and maturity of its startup ecosystem.[Sources: YourStory, CB Insights, Crunchbase] The Talent Factor: Large, Skilled, and Affordable India has an enormous technical talent pool, with over 1.5 million engineers graduating annually — second only to China and the United States. This means startups can scale faster without the talent crunch often seen in Western markets. Moreover, salaries in India are 50–70% lower than those in Silicon Valley, making it significantly more cost-effective to run R&D, product development, and customer support teams here. Founders can build MVPs at 1/3rd the cost, test rapidly, and iterate faster — all while maintaining high-quality standards. With cloud services from AWS India, Jio, and Airtel offering affordable infrastructure, the cost of scaling is drastically reduced, making India an ideal launchpad for startups aiming for global reach. A Market That Scales With You With a population of over 1.4 billion, India represents one of the largest and most diverse digital markets in the world. The rise of affordable smartphones, widespread internet access, and digital payment systems (powered by India Stack and UPI) has brought hundreds of millions of users online, even from tier-2 and tier-3 cities. This digital boom creates massive opportunities across sectors like fintech, e-commerce, edtech, healthtech, SaaS, and AI. Successful Indian startups like PhonePe, Meesho, CRED, Postman, and Freshworks are building for India but also exporting solutions globally. High Returns, Lower Risk For international investors and VCs, India offers a compelling proposition: low capital risk with high return potential. Thanks to a lower cost base, startups in India can extend their runway, achieve profitability quicker, and scale sustainably. Combined with a maturing exit landscape (through IPOs and acquisitions), India is now seen as one of the best countries to invest in innovation. Over $100 billion in startup funding has flowed into India between 2014 and 2024, and the trend is only accelerating.[Sources: Tracxn, NASSCOM] Conclusion: Built in India, for the World India has moved from being a tech support center to becoming the world’s fastest-growing startup hub. With its pro-business policies, digital infrastructure, vast talent base, and scalable markets, India today is more than a destination — it’s a strategic startup launchpad.Whether you’re a global founder looking to expand, or an investor seeking high-growth opportunities, India offers everything you need: scale, innovation, cost advantage, and long-term potential. The future of startups isn’t just built in Silicon Valley anymore — it’s being built in India jurisconsultants.in India – preferred destination for startup innovation also read Jay Methi

Revoking Birthright Citizenship: Implications for U.S. Business Owners

The principle of birthright citizenship enshrined in the 14th amendment to US constitution guarantees that all individuals born on American soil, will be granted US citizenship irrespective of their parents immigration status. This doctrine has been a cornerstone of American identity and legal framework for over 150 years. However, recent political endeavors, notably Donald Trump’s executive order aiming to end birthright citizenship born to noncitizens, have ignited intense debates and legal battles. While this order currently faces injunction and has not been implemented, its potential enforcement raised significant concerns, particularly business owners in the US.  Most of the businesses in the US are backed by migrated skilled workers. They form the backbone of the US economy. Trump’s executive order to end birthright citizenship has introduced significant uncertainty for the skilled foreign workers in the US. This policy change which denied automatic citizenship to children born on US soil to non-citizens parents  has sparked legal challenges and widespread debates. Following will be impact on business owners: It’s crucial to note that any attempt to revoke birthright citizenship faces substantial challenges. The fourteenth amendment’s clear language was upheld by the US Supreme Court notably in the landmark case of US v Wong Kim Ark, which confirmed that the children born in the US, regardless of their parent’s nationality are citizens of the nation. The executive has met with an immediate legal response. A federal judge in Washington has issued a temporary restraining order blocking the implementation of Trump’s executive order. Conclusion  While the revocation of birthright citizenship is a theoretical scenario due to the ongoing legal injunctions, its potential implementation poses significant risks to US business owners. From talent acquisition challenges and operational complexities to broader economic implications the ripple effect can be profound. Business leaders should stay informed about these developments and proactively engage in discussions to safeguard their interests. also read “Benefits of Incorporating in the United States” http://www.jurisconsultants.in shubham Agarwalwww.jurisconsultants.in

Trump’s New Tariff Strategy: Consequence and Opportunities for India

The recent announcement by the US president Donald Trump regarding additional tariffs on imports from Canada, Mexico and China marks a significant shift in US policy. Framing the move under national emergency under the International Emergency Economic Powers Act (IEEPA), Trump aims to curb illegal immigration and drug trafficking, particularly fentanyl. The policy introduces 25% tariffs on imports from Canada and Mexico, a 10% tariff on energy resources from Canada, and a 10% tariff on Chinese imports. This aggressive stance is expected to have wide-reaching economic and geopolitical implications, particularly for global trade dynamics. Trump’s New Tariff Strategy: Consequence and Opportunities for India— amid these changes, India finds itself in a unique position to capitalize on emerging opportunities while navigating the shifting landscape. Economic and political consequences Trump’s tariffs strategy is expected to have both immediate and long-term repercussions. The immediate economic is likely to be felt in North America where increased tariffs will on cost business reliant on imports from Canada and Mexico. For China additional tariffs, could further strain US- China relations, adding pressure to already fragile global economy. Additionally, the move underscore Trumps boarder political agenda, emphasizing broader security and national sovereignty. While it may resonate with his voter base, it also risks the straining diplomatic ties with key trading partners. Canada and Mexico, both have a significant economic reliance on US trade, might retaliate with countermeasures, escalating grade tensions. Similarly, China may respond with its own tariffs or regulatory actions, exacerbating global supply chain disruptions. India’s emerging opportunities While the new tariffs may disrupt the global trade flows, they also present a strategic window of opportunity for India. As the US seeks alternative supply chain to mitigate reliance on China, India can position itself as a trading partner. Here is how the India can benefit: Challenges and risks for India While opportunities exist, India must also navigate potential challenges: Conclusion Trump’s tariff strategy, while primary aimed at addressing domestic security concerns, will have far- reaching economic consequences. The protectionist measures may reshape global trade, providing India with a golden opportunity to enhance its export presence and attract foreign investment. However, to maximize these benefits, India must proactively strengthen its manufacturing base, improve ease of doing business, and position itself as a viable alternative in global supply chains. With the right policies in place, India can turn this evolving trade landscape into a catalyst for its economic growth and global positioning. juris consultants Anushka Mishrawww.jurisconsultants.in

The New Donald Trump Gold Card Visa: A Comprehensive Analysis

In recent months, the announcement of the Donald Trump Gold Card Visa has sparked significant debate and curiosity across the globe. This new initiative, reportedly backed by former U.S. President Donald Trump, promises to redefine the concept of premium travel and residency privileges. But what exactly is this Gold Card Visa, and how does it impact the global community, particularly countries like India? In this blog, we’ll delve into the details, analyze its constitutionality for Americans, weigh its pros and cons, and predict its future impact based on available data.  What is the Donald Trump Gold Card Visa? The Donald Trump Gold Card Visa is a premium visa program designed to offer exclusive benefits to high-net-worth individuals (HNWIs) seeking residency, travel, and business opportunities in the United States. While the exact details of the program remain under wraps, it is rumored to include perks such as: The program is marketed as a “golden ticket” for affluent individuals looking to expand their global footprint while enjoying unparalleled privileges. Global Impact of the Trump Gold Card Visa The introduction of such a premium visa program could have far-reaching implications on a global scale. Here’s a breakdown of its potential impact: Constitutionality for Americans The constitutionality of the Trump Gold Card Visa has been a topic of debate. Critics argue that such a program could violate the Equal Protection Clause of the 14th Amendment, which prohibits discrimination based on wealth or social status. However, proponents claim that the program is legal under existing immigration laws, which already prioritize investors and skilled workers through programs like the EB-5 visa. The U.S. Supreme Court has yet to rule on similar programs, but legal experts suggest that the Gold Card Visa could face challenges if it is perceived as favoring the wealthy at the expense of ordinary Americans. Pros and Cons of the Trump Gold Card Visa Based on available data and expert opinions, here are the key pros and cons of the program: Pros: Cons: Future Predictions The long-term impact of the Trump Gold Card Visa will depend on its implementation and global reception. Here are some predictions based on current trends: Conclusion The Donald Trump Gold Card Visa is a bold and controversial initiative that could reshape global immigration and wealth distribution. While it offers significant economic benefits for the U.S., it also raises important questions about fairness, equality, and the future of global talent mobility. For countries like India, the program presents both opportunities and challenges, highlighting the need for balanced policies that promote growth without exacerbating inequality. As the world watches this development unfold, one thing is clear: the Gold Card Visa is more than just a travel document—it’s a symbol of the growing intersection between wealth, power, and global mobility. Shreyansh Singh

Tax-free benefits and 100% ownership in a top business hub

Tax-free benefits and 100% ownership in a top business hub make all the difference for entrepreneurs. Businesses flourish in environments that cater to both entrepreneurs and investors. However, certain critical factors like high taxation and partial ownership can cause significant concerns. Excessive taxes can drain resources, while partial ownership risks losing control. In this blog, we’ll explore some of the world’s most conducive business hubs, known for their favorable taxation policies and full ownership opportunities. According to Analytrix, a Saudi Arabia based business consultancy, the best countries to set up businesses in 2024 are USA, UAE , Singapore, Ireland etc. These countries stand out as prime destinations for businesses looking to expand or establish a foundation. Let’s dive into these countries one by one. Ireland: A Gateway to Europe Ireland has positioned itself as a hub of international businesses. Particularly in tech and pharmaceutical sectors. Its corporate tax rate is one of the lowest in Europe at 12.5% and has attracted global giants like Google and Facebook. Moreover Ireland provides 0% tax on certain revenues derived from patent and intellectual property such as computer programs under its knowledge department box initiative. such properties qualify for a deduction equal to 20% of theri qualifying profits, effectively taxing the profits at the rate of 10%. In terms of ownership it provides 100% ownership to businesses making it an ideal destination for startups and established firms alike. The country’s access to the European single market is a significant advantage allowing businesses to trade freely within the EU. USA; A Land of Opportunities The US remains a top choice for entrepreneurs, thanks to its vast market and robust legal framework. While the federal corporate tax rate is 21% individual states offer varying incentives. For instance, states like Wyoming, South Dakota and Nevada impose no corporate income tax making them attractive for new businesses. Ownership in the US is straightforward, with no restrictions on foreign ownership. Businesses enjoy 100% ownership and access to a diverse consumer base. However the administrative processes and regulatory requirements may be a little complicated as compared with other jurisdictions. UAE: A Tax-free haven Free zones are the dedicated areas in UAE, where a person who is willing to start his business can do it without much trouble and hassle. Setting up a business in their free zones is super easy with less compliances and more profits. In simple words, free zones are the economic areas, specially set up by the government to attract companies and investors in the UAE. UAE free zones follow low tax policy offering exemptions from corporate taxes, value added taxes and customs, making them highly attractive to customers. As far as ownership is concerned free zones allow 100% foreign ownership. Businesses don’t need a local Emirati sponsor and will have full ownership of your business. Singapore: Asia’s Financial Hub Singapore relentlessly ranked as one of the best countries to set up a business. Its corporate tax rate is 17% with partial tax exemptions. Startups enjoy a 75% tax exemption on their first 100,000 SGD (Singapore dollars) of changeable income for the first three years. Additionally there is no tax on capital gains or dividends. Singapore also provides 100% foreign ownership across most industries allowing entrepreneurs to have full control on their ventures. The regulatory frameworks in Singapore are transparent and business friendly. Conclusion  Choosing the right country to start or expand your business requires a careful evaluation of tax policies, ownership rights and market accessibility. Ireland offers low corporate taxes and seamless access to the EU. Making it a strong contender for businesses targeting European markets. The US with its diverse economy and state level incentives, provides immense opportunities but requires navigating a complex regulatory environment. The UAE’s tax-free zones and strategic location makes it ideal for businesses looking to tap to the global market with minimum tax burdens. Meanwhile Singapore’s competitive tax rates and strategic access to Asia make it an unbeatable choice for entrepreneurs targeting fast growing economies. By leveraging the benefits offered by these thriving business hubs, you will not only enjoy tax savings and full ownership of your ownership of your company but also position your business for sustained growth and success in today’s competitive landscape. Tax-free benefits and 100% ownership in a top business hub Anushka Mishrawww.jurisconsultants.in

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