How does your startup pay you? Most startups use Gusto or Ripling but they don’t seem to offer a way to get paid in $USD to an Indian account. The tax burden for a contractor ( with GST ) is high and is saddening to lose out on the benefit of no tax for service export ( when paid in USD only )
Have any of your figured out how to take salary denominated in $USD in an Indian account?
TC: 35+ YOE: fresher
Get service export benefits and always use an TransferWise. Am in same situation as you and that’s what I do
Wire transfer over swift?
I wish. Founders don’t wanna do it. They seem to like having a single admin plane which is gusto-like service in my case.
Ouch
You mind sharing the company name and your domain?
I convince all my clients to pay via Wise, and I incorporated a company so now I enjoy my tax break 😃
Are there any tax benifits/ loss while working for a remote company while staying in India?
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