[tejasm]

Here's how I would do it:

1. Register a Delaware Inc or LLC with Harvard Business Services - https://www.delawareinc.com/. They can also act as your registered agent for $50/year.

2. Get an EIN number - you can call IRS directly at their Philly Office - 267-941-1099

3. Once you have an EIN, open a small business account with BoA - https://www.bankofamerica.com/smallbusiness/

4. Setup your postal office at www.virtualpostmail.com or https://travelingmailbox.com/

If you have any questions, do drop me a note at tejas3 at gmail dot com.

All the best!

[ilolu]

Thanks. I looked at smallbusiness link of BoA. They seem to not accept non-resident aliens when applying for Bank Account.

Do I have to visit US ?.

[sandGorgon]

instead of BoA - consider First Republic. They are very friendly to startups and have a great online system.

Also remember that getting an EIN and an ITIN (a replacement for social security number for foreign residents) is a bit involved. The most important tip - get something called a "True Copy" of your passport done withing a US Embassy in your country (e.g. http://mumbai.usconsulate.gov/notary-services.html). NOT AN ATTESTATION.

That is going to be the most important piece.