US CPA + Indian CA · Both Sides of the Border

US-India cross-border tax & compliance, under one roof

Most firms handle one side of the border and hope the other side works out. Siddharth Pruthi is a Washington-licensed CPA and an India-qualified Chartered Accountant with 17+ years of experience, so both the IRS side and the RBI/FEMA side are handled by the same firm.

For US Residents & NRIs with Indian Ties

Foreign income and asset reporting is where penalties are steepest and generalist preparers most often get it wrong.

FBAR (FinCEN 114)

Reporting of Indian bank accounts, fixed deposits, PPF, and demat accounts, plus streamlined and delinquent-filing catch-up for missed years.

FATCA (Form 8938)

Specified foreign financial asset reporting coordinated with your FBAR so the two never contradict each other.

PFIC Analysis & Form 8621

Indian mutual funds and ULIPs are usually PFICs. We handle identification, QEF/mark-to-market elections, and Form 8621 computations.

Indian Income on US Returns

Rental income, capital gains on Indian property and shares, NRE/NRO interest, and foreign tax credit optimization under the US-India treaty.

Foreign Gifts & Inheritance

Form 3520 reporting for gifts and inheritances from Indian relatives, and planning for repatriation of funds to the US.

Returning to India / Moving to the US

Exit and arrival year planning: residency determination, dual-status returns, RNOR planning, and asset restructuring before the move.

For Indian Founders Building US Companies

Delivered by Pruthi CPA, including through our cross-border formation arm ZenoLedger, the rare offering that covers both US formation and India-side RBI/FEMA compliance.

US Entity Formation

Delaware C-Corp or Wyoming LLC with EIN, registered agent, banking (Mercury) and Stripe setup. No US SSN or visit required.

RBI ODI Filing & UIN

Form ODI filing with your Authorized Dealer bank and UIN registration, required for any Indian resident investing equity in a foreign entity, even $100.

Annual APR & FLA Reporting

Annual Performance Report (due December 31) and FLA reporting, tracked on a compliance calendar so nothing is missed.

FEMA Regularization

Missed ODI filings? We handle FEMA compounding applications, late-filing regularization, penalty negotiation, and historical compliance cleanup.

Dual-Country Tax & Transfer Pricing

US federal/state filings coordinated with Indian obligations, inter-company agreements, and transfer pricing documentation between your US and India entities.

Foreign-Owner US Filings

Form 5472/pro-forma 1120 for foreign-owned LLCs, Form 5471 for US owners of Indian companies, W-8BEN-E, and treaty positions.

Exporting Food & Cosmetics to the US

US FDA compliance support for exporters selling food and cosmetic products into the US market: the regulatory side of getting your product through the border and onto the shelf.

FDA Food Facility Registration

Registration of foreign food facilities with the FDA, including the required US agent arrangement and biennial renewals.

Prior Notice & Import Readiness

Prior notice requirements, import documentation review, and readiness checks before your first shipment leaves port.

FDA Labeling Compliance

Review of food and cosmetic labels against FDA requirements: nutrition panels, ingredient declarations, allergen statements, and claims.

MoCRA Cosmetic Compliance

Cosmetic facility registration and product listing under MoCRA, responsible-person requirements, and safety substantiation readiness.

FSVP Support

Foreign Supplier Verification Program setup for the US importer of record: supplier evaluation, hazard analysis, and documentation.

Detention & Refusal Response

Support responding to FDA import alerts, detentions, and refusals, with root-cause analysis and corrective documentation.

Why It Matters

Cross-border mistakes are expensive

  • FBAR penalties can reach $10,000+ per account per year even for non-willful violations.
  • FEMA non-compliance can be compounded at up to three times the investment amount, or ₹2 lakh per day.
  • PFIC mis-reporting converts ordinary Indian mutual fund gains into punitive interest-charged US tax.
  • One firm, both sides: a coordinated position beats two advisors who never talk to each other.

Typical cross-border clients

Indian founders
Launching or operating Delaware/Wyoming entities from India
NRIs & H-1B / green card holders
With Indian bank accounts, property, or mutual funds
US companies
With Indian subsidiaries, contractors, or supply chains
Returning residents
Planning a move in either direction

Get both sides of the border right

Book a consultation and we'll map your US and India obligations in one call.

Book a Consultation