For any start-up, the choice of business structure has to help in the growth and sustainability of the enterprise
For any startup, the choice of business structure has to help in the growth and sustainability of the enterprise.
Over the past few years, several Indian startups have flipped their corporate structure overseas. Some like Freshworks have even listed in foreign stock markets. Flipping is the phenomenon of companies from India shifting their corporate base overseas, typically to destinations with a favourable legal environment and taxation policies. In this process, the entire ownership of the Indian company is moved to an overseas entity, including transfer of all intellectual property and data. Why Do Companies Flip? Typically, these are the reasons…
