LLC Vs C Corp for Non Resident Alien?
What sort of company, LLC/ C-Corp, best matches the need?
Details of company operations:
* Provide IT services to clients in NY remotely (from India).
* Client will pay to the US entity (one need to be setup)
* Funds from US entity will be transfered to Indian Pvt Ltd company.
Thank you for you advice.
What you are describing here is a pretty common scenario, and I can definitely suggest one of the most common solutions as far as my experience with helping clients such as yourself goes:
Basically, the simplest and most inexpensive solution that would work for you is to form an LLC in a state such as Wyoming or Delaware. I would personally choose Wyoming LLC, partially because its cheaper to maintain than Delaware LLC, and partially because it offers just as many advantages as Delaware does, with a few minor disadvantages (such as the fact that Delaware law is more widely practiced).
You will be able to open a bank account in most states (e.g. New York), provided you are physically present when you do. Alternatively you can use your Articles with Apostille to open a bank account for your US company in India.