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Business tax for co. registered in London but operating from Mumbai
29-Jul-2023 (In Corporate Law)
If I open backend support centre registered in Mumbai for a co. headquartered in London, how will taxation work in Mumbai ?. Since I'll have to pay 19% Income tax and 20 % Vat in London, I need to know the exact percentage of tax, if at all applicable in India. The CV writing service will be provided by Mumbai back office to the Uk head office, and all staff will be paid salaries through Indian company. Please help with the information of official tax slab applicable and with alternatives to avoid double taxation. What should we do?
It depend under what kind of structure you start your operations and I need to understand other modus operandi of your organization. It needs a detailed study of the entire structure and then only it will be possible to give you a correct guidance. It is better you call me and visit my office so that we can discuss in detail and then set out appropriate strategy.
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Adv. Bankim Mehta
Mumbai | 200+ Answers
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