We felt the time had come to set up our company in the US. We had achieved a critical mass of US based customers and the number of our customers had been growing by the day.
New Delhi, India (PRWEB) November 26, 2011
An online store for handmade in India gifts, indian clothing and jewelry, ShalinIndia, has announced its wholly owned subsidiary in the US. So far, ShalinIndia had been operating as an export oriented offshore company. Setting up of wholly owned subsidiary in the US will enable ShalinIndia to set up new sales channels and provide better support to customers in the US.
“We felt the time had come to set up our company in the US. We had achieved a critical mass of US based customers and the number of our customers had been growing by the day. In the last year we had shifted a good part of our inventory to the warehouses in the US and most of the orders we received were being fulfilled locally. The evolving situation required that we shift some of our management activities too. Hence our decision to set up a wholly owned subsidiary in the United States”, explained Shalini Verma, founder of ShalinIndia.
“The setting up of our subsidiary company in the US and the tax identification number associated with it enables us to fulfill IRS requirements of declaring our income from online sales in the US to the regulatory authorities”, added Shalini.
The legal name of ShalinIndia’s subsidiary in the US is ShalinIndia US Incorporated and the company is based in Delaware.
ShalinIndia, one of the premier online India shopping stores, specializes in selling India gifts, cultural and traditional products to customers around the world. Besides, selling through its own stores, the company also sells through amazon marketplace, and several niche product stores like those for indian dresses for women, or indian costume for men. Through an arrangement with Amazon, ShalinIndia keeps its inventory in five countries – US, UK, France, Germany, and Japan. This enables ShalinIndia to reduce not only delivery time but also shipping costs for its customers. ShalinIndia has maintained consistently high feedback ratings from its online customers.