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What's the difference between India TopCo and US TopCo?

Incorporation

US TopCo means the Delaware entity sits at the top and owns the Indian one. India TopCo inverts it, with an Indian private limited company owning the US entity.

US TopCo is what American investors expect and what makes a US exit straightforward. Flipping later triggers Indian regulatory approvals and tax, so decide before incorporating.

Inkle assists with Delaware C-Corp incorporation and the filings that follow.

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