Key Takeaways Series A due diligence typically reviews 80 to 100 documents across 8 categories: corporate, financial, tax, regulatory, IP, HR, commercial, and compliance. Most Indian startups have 30 to 40 of these ready when…
Key Takeaways A Delaware Flip moves the parent company to the US. A Reverse Flip moves it back to India. The Delaware Flip triggers Indian capital gains tax at an effective rate of about 14.95…
Note: All section references in this article are to the Income-tax Act 2025 (effective April 1, 2026), which has re-enacted the corresponding provisions of the Income-tax Act 1961 without substantive change to the transfer pricing…
Key Takeaways FEMA penalties can be up to 3x the contravention amount for ongoing violations. RBI's compounding facility lets you self-report and settle penalties before enforcement action. The compounding fee depends on the contravention amount,…
Expanding abroad is exciting. But for most Indian startups, it also comes with a compliance minefield that nobody warns you about. We put together a visual guide covering the 5 most common things that go…
If your startup has ever explored raising foreign debt, or if your CA has advised foreign portfolio investors on Indian allocations, the compliance landscape just shifted. RBI's A.P. (DIR Series) Circular No. 05, dated April…
Every week, at least one founder asks me: "I want to set up a US entity. How do I do it?" The answer is not "just incorporate in Delaware." The answer starts with understanding which…
"Can you share your data room?" This is the first thing every serious investor says after the pitch. And most founders scramble. After reviewing 40+ data rooms in the last year, one pattern is clear:…
March 31 is four days away. If your startup has foreign investors on its cap table, or if you have set up a subsidiary overseas, there are two RBI filings you cannot afford to miss:…
You want to retain your best people. You've heard about ESOPs. Maybe someone mentioned Phantom Stock. Your CA says "just do ESOPs" because that's what everyone does. Here's the problem: "what everyone does" is exactly…
