I’m sorry but we’re not frustrated enough about the whole situation around US entities / FEMA rules / EDF / AD and whatever nonsense for Indians accepting money from outside the country
We don’t need more Reddit posts by CAs or founders passing on outdated / conflicting advice or Twitter threads optimising for reach
This is a topic that needs an official guidance from authorities (RBI, banks, whoever)
If I’m not allowed to open US LLCs from India, then don’t let me do it
If I need to be in compliance, then clearly tell me what I need to do
If I can’t get paid without some documents, then make sure the banks know what they’re doing
This zone of not knowing what’s allowed / not allowed is seriously annoying
Don’t let auditors and banks come up with their own version of the “right approach”. Happy to pay whatever but it needs to be clear
I don’t wanna feel like I’m doing something wrong just because I’ve unlocked a new source of income
I’m happy to be proven stupid if I’m the only one who doesn’t know a straight path. But from what I’ve seen, there’s no right answer and this is not a situation where I wan to take chances
@TraderTsuikyu Cool
Anyways if you ever want to talk my dms are open
Have got 100k + in, probably among the first one to partner with skydo, also have couple of offramp legit solutions with full trail and fira
@TraderTsuikyu Want to have a chat? Have solved many of these things for myself
Would love to understand what you are doing and like where the friction is
Diyas on every ledge, rangoli drying by the door, the whole house smelling of ghee and something frying in the kitchen.
Nothing to chase tonight. Just family, a full plate, and too many sweets.
Happy Diwali 🪔