What are the legal bottlenecks or other logistics to be taken care of, if I want to directly work for a Silicon Valley technology startup, as a remote employee while being in India?
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Few details regarding the kind of job opportunity I was referring to. 1. Its not outsourcing, BPO or helpdesk kind of job. Rather proper high technology job doing hard core software development. 2. Remote India employee will be under NDA (non-disclosure agreement) too just like the rest working from Bay area.
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Answer:
Your first and foremost (and possibly biggest) headache will be to deal with taxation on your income. Secondly, there is a truckload of charges and levies on having money transferred from a foreign issued cheque to your Indian SB account. The last I heard was ICICI let you open a foreign account and took a small %age over and above the existing FOREX rate to transfer funds to your local account, converted in rupees. Once you have that sorted out, third comes the nature of work: If it is the kind of job that inolves a work intake mechanism and delivery by a fixed timeline (enabling you to work during India day time and sleep at night), then you would have hit the sweetspot. Else, the whole readjustment of biology to stay awake during nights and catch up on sleep bang in the middle of the Indian hustle and bustle, is just no fun. Last but not the least, you will need a reliable broadband connection upwards of 4mbps (bare minimum). Well that's what I could think of immediately. Of course the above are very generic points and on top of these, you will need to carefully consider the specific terms of your job offer before diving in. Good luck!
Anand Hs at Quora Visit the source
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