Can i be employed directly by a foreign company ? If yes,what are the formalities and what should i request from my employer?
they are likely to pay me the salary directly from the company account into mine. will there be a problem because of that for me?
this is completely a different topic- can i place orders online for a company that is in abroad i.e.on their behalf? foreign credit cards are not accepted and they have problems opening a bank account here for some reason? is there any legal complications for me?
experts feedback will be highly appreciated. thank you so much in advance!
21 May 2013
Once you are employed by a foreign company you should procure the letter of appointment. Now, the question will arise as to where you are serving. If in India then you have to pay taxes in India as per the Indian Income Tax Act.
For ordering on behalf of the company there is no restrictions. You get the credit card in the name of the company and pay it accordingly or open a account with a bank dealing in foreign currency. If you are remitting payment from India then every time you require a certificate from CA for remittance.