US TopCo: Forming each LLP and opening its bank account takes 2–3 weeks, and the ODI process adds about 2 more, depending on your bank. The US parent then takes just minutes to file, and setting up the wholly owned Indian subsidiary (a private limited company) takes about another month.
India TopCo: Setting up an Indian Private Limited company takes a few weeks. The US subsidiary takes just a few minutes, and wiring the ODI payment from the Indian parent to the US subsidiary takes another week or two.
Inkle assists with Delaware C-Corp incorporation and the filings that follow.
