My company is into software development. We wish to open branch offices in USA, UAE and Singapore.
Request for detailed procedure. Additional queries:
1. Should the company have a business contract/client already in that country?
2. Since Income Tax benefit unavailable under STPI. Should the entity have STPI registration??
1 Answer from Attorneys
yes, you can be open branch with permission of MAC.
you have to make agreement/contract with other parties. it is long-term benefit
suppose you have to export to some software or other, so you can be claim draw-back policy under Dgft.
you have only benefit Double Taxation avoidance agreement .
If any Query .please E-mail : firstname.lastname@example.org
otherwise free e-mail to me
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