QUESTION
Question regarding New business set up
Asked on Jan 12th, 2015 on Business Law - California
More details to this question:
I am trying to set up an online ecommerce indian clothing business from california. I want to start this business with partnership of my brother, who is in India.We are not sure how we venture this together. - I have a company of own registered in california and his company registered in India - I have created a URL registered on my company name ( can't be changed to his name) - He will ship me goods to california and i will ship it to end customer in USA Our question is what is the best way to set it up. - Should we use his company to sell the product and california act as a warehouse for his company, if that the case, does he need to register his company in california or anything? - Should we use his company to sell product and I act as a distributor to his company? - We collect money against my company or his company? - How we show the partnership for tax purposes in both countries? - I want to use his company to sell the products in USA so that any legal issues goes aga
1 ANSWER
Business Transactions Attorney serving Los Angeles, CA
at
Doland & Fraade
Update Your Profile
If your brother's company has a physical presence in California (warehouse, bank account, offices) he must register as a "foreign" corporation doing business in this state. You could have a joint venture (partnership) relationship between the two companies. Many of your questions are business, not legal, and you should be sure that you have a CPA to advise you for taxes and for many other reasons. Using a lawyer experienced in the garment business will probably help you in the short and long run.
Answered on Jan 12th, 2015 at 12:22 PM