I have a C-corp in CA, recently I met a person from india in a tradeshow, who is dealing with telecom services in india.

He had a few customers in USA and now they are growing amounting
$10,000.00 per month. I am low balling this to $2000 per month and max up to $10K per month.

He proposed me that I handle US customers order processing.He will sell the service and provide service to US customers remotely from India. My company will be doing order processing , credit card processing and service will be provided by this person/international company from overseas.


I have to remit 80% revenue back to him.

Pessimistic Number 24 K per Year, I keep 4.8K , remit rest
Optimistic Number 100K per year, I keep 20K, remit 80K.

I did some preliminary check about this person thru an agency.
Products,Sales & operations are genuine and legal. However a part of his operation may not be in compliance with indian telecom regulations.

I want to disassociate my company & myself from the non-compliance of the international partner with his native government regulations and reduce risk to my corporation.

Appreciate suggestions from members re. below
1. Whats the legal way to conduct business here, protecting US company from the misdeeds of an international partner?
2. Do I needs export/import licenses?
3. For remitting dollars back to him, what IRS regulations apply?

Thanks in advance
Harold