Got a $9.8k/month job and want to split it with my brothers. Pvt Ltd, partnership, or LLP?
I recently landed a new job paying $9,800 USD/month. I'm planning to bring my two brothers in to help with the work, and we'd split the income equally (about $3,267 each per month).
What's the best structure for this: a private limited company, a partnership firm, an LLP, or something else? I'm mainly looking at:
Tax efficiency
Ease of setup and compliance
Receiving foreign payments in USD