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ZoomyNoodle
ZoomyNoodle
Stealth

For those who get paid in via INTL Transfer

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

20mo ago
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GroovyMarshmallow
GroovyMarshmallow
Stealth20mo

Get service export benefits and always use an TransferWise. Am in same situation as you and that’s what I do

ZoomyNoodle
ZoomyNoodle
Stealth20mo

I assume you mean going a Wise transaction direct to my bank acc from company’s? Founder do’nt wanna do one off transactions like these, they wanna do it via a product like rippling or deal :(

GroovyMarshmallow
GroovyMarshmallow
Stealth20mo

Did you tell him you face such problems?

GoofyDonut
GoofyDonut
Stealth20mo

Wire transfer over swift?

ZoomyNoodle
ZoomyNoodle
Stealth20mo

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.

GoofyDonut
GoofyDonut
Stealth20mo

Ouch

SillyMarshmallow
SillyMarshmallow
Stealth20mo

Deel is a good solution

ZoomyNoodle
ZoomyNoodle
Stealth20mo

Does deel to non-inr deposits for salaries?

WobblyPickle
WobblyPickle
Zomato20mo

You mind sharing the company name and your domain?

SwirlyPancake
SwirlyPancake
Jio20mo

I convince all my clients to pay via Wise, and I incorporated a company so now I enjoy my tax break 😃

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