r/IndiaTaxation

Looking for some help in saving taxes (legally)

Hi guys,

I run a marketing agency from India serving US clients. I have a LLC registered in the US in Wyoming and take all the money into my US bank account (Wise) from clients. My agency does close to $50k/mo in revenue with a profit margin of roughly 50%.

Now I am a little concerned about taxation as I will not be included in the 44AD or 44ADA section as my revenue is more than that

Like 60k usd is just sitting in my wise account right now and ik if I take it to my Indian bank acc it’s going to be taxed at 35% or more including all fees

Anyone who runs an agency from India and have suggestions or tips on saving taxes?

reddit.com
u/Weird-Hyena5656 — 9 days ago