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Job and Business together

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  1. #11

    Join Date
    May 2021
    Posts
    1,733

    What exactly are you planning and how are you going to deal on India end!! Setting up business, handling taxes on both sides not an easy thing on small scale with changing taxation rules all the time.. You should talk to a CA specializing in NRI taxation first..

    Start here to educate yourself, great channel for anything related to NRIs..

    https://www.youtube.com/@NRIMoneyClinic/videos

    LetsDiscuss and shri like this.

  2. #12
    Quote Originally Posted by ndt:
    What exactly are you planning and how are you going to deal on India end!! Setting up business, handling taxes on both sides not an easy thing on small scale with changing taxation rules all the time.. You should talk to a CA specializing in NRI taxation first,
    Yes, may be I will hire someone to handle that.

  3. #13
    Quote Originally Posted by hullexile:
    But is there anything about doing other work, employed or self-employed?
    Nothing like this written.

  4. #14
    Quote Originally Posted by shri:
    This.. check intellectual property ownership and conflict clauses. Chances are your company has this covered if you work for a company that has experienced HR. Mostly used for intimidation.. but worth a check and as ndt says a no injection (not sure if there is an immd form for this l, if you are going to take a salary etc from that business).

    Could be wrong about this .. but worth putting oaranoid thoughts to rest, starting and running a business is tough enough without having to watch your backm.
    yes, checked that clauses, not mention of anything about another work but for safe side now I am thinking about start company by my wife name. She is in dependent visa currently and in few months will be PR as well.

  5. #15

  6. #16

    Join Date
    Nov 2017
    Posts
    520

    Trusting a bunch of plebs on an internet forum for legal matters.
    Off to a great start on your business.

    angeluscomplex and Trashken like this.

  7. #17

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    47,971
    Quote Originally Posted by redslert:
    Trusting a bunch of plebs on an internet forum for legal matters.
    Off to a great start on your business.
    Some of us have probably been more involved in running businesses and similar issues than some others.

    It is all about either starting from a blank canvas and getting ripped off by lawyers or starting from a crowd sourced "pleb" driven canvas and then figuring out some issues that might be of concern.

    Now go on...
    ndt and ramelec like this.

  8. #18
    Quote Originally Posted by redslert:
    Trusting a bunch of plebs on an internet forum for legal matters.
    Off to a great start on your business.
    we are not just any plebs ...
    AsianXpat0 and Trashken like this.