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I have a question on the Qualifying relationship between the USA and India entities.
USA Entity: Single Owner Mr. X
India Entity: Single Owner Mr. X's father. The India entity is the offshore support center for the USA entity. There is a regular financial transaction between both companies.
Mr. X is planning to add himself to the India Entity as one of the shareholders retaining his father as well. Unsure about the % of the share each one will be held at India Entity. Will this be considered as a qualifying relationship between both entities for the purpose of L1.
Thank you for your help.
USA Entity: Single Owner Mr. X
India Entity: Single Owner Mr. X's father. The India entity is the offshore support center for the USA entity. There is a regular financial transaction between both companies.
Mr. X is planning to add himself to the India Entity as one of the shareholders retaining his father as well. Unsure about the % of the share each one will be held at India Entity. Will this be considered as a qualifying relationship between both entities for the purpose of L1.
Thank you for your help.
