Transfer of Profits

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  • Are there any restrictions on transferring profits from your US business to India?

    It depends. Even though there is no restriction on transferring profits, it is recommended that you leave some money in your business account.

  • Transferring my US company’s profit to India, will I pay taxes on it?

    It depends on how you transfer the funds. If you transfer the money as a dividend, i.e. a profit, you must pay the taxes first before distributing the profit.