Getting into SPC was the hard part.
Your India-US Incorporation shouldn't be.
SPC is for founders turning the illegible into the inevitable. Your cross-border structuring shouldn't be the thing that stays illegible.
Inkle Incorporate gets SPC founders from India fully structured and investment-ready — so the only thing they're figuring out is what to build.
Inkle Incorporate is the only end-to-end assisted incorporation experience built for Indian founders.
Inkle's Banking Partners
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Why incorporate through Inkle?
SPC members explore in full depth. Inkle makes sure your India–US structuring keeps pace — clean and investment-ready before your idea becomes a company.
The only end-to-end assisted incorporation built for Indian resident founders, with FEMA and ODI compliance handled from day one.
US documentation built on Clerky's startup-proven legal products, with top CA, CS, banking and legal partners on the India side — so nothing in the process pulls you out of exploration mode.
Inkle stays with you beyond incorporation — US tax, compliance, and accounting, so you stay focused on the work only you can do: finding what's worth building."
The cleanest India-US structuring path for when exploration becomes conviction.
Two expert teams. Both sides covered.
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Got into SPC?
Based in India?
Inkle is for you.
$1,200+ in savings on structuring, bookkeeping, tax, and compliance — everything you need to build clean, from day one.
- 🎁 Free end-to-end incorporation support on Inkle Incorporate
- 🎁 Exclusive pricing on India entity setup (LLP & Private Limited)
- 🎁 Free Delaware Franchise Tax & Annual Report filing for the first year
- 🎁 Free 1099 (payments to US contractors) package for the first year
- 🎁 Free FBAR (FinCEN Report 114) filing for the first year
- 🎁 Free tax filing extension request (Form 7004) for the first year
- 🎁 Free Delaware Registered Agent services for the first year
- 📚 25% off on Inkle Monthly Bookkeeping plan for 6 months
Note:
- These offers only apply to customers who subscribe to the platform and file their Form 1120 with Inkle.
- Only for Indian Resident Founders who have been accepted into South Park Commons.
- Government filing fees, entity formation charges, and other third-party costs still apply.
You're already in the room with US investors. Your structure needs to be too. For Indian founders, getting there is different.
That subsidiary matters because it's the legal home for everything you're building in India — your team, your payroll, your operations.
So you set up an LLP first — a simple holding vehicle, 99.99% yours. The LLP subscribes to your US shares. The US entity stays the parent. Your cap table looks the same. One extra layer, nothing more.
This is why incorporation for Indian residents is different.
And this is why Inkle Incorporate exists.
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US TopCo (India subsidiary)
Create India LLP(s)
All Indian FEMA-resident founders must create their Indian LLP and open the LLP's bank account.
Prepare ODI filing
Prepare draft ODI documentation and seek preliminary approval from the LLP's banker. After approval, begin US incorporation.
US incorporation
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File the Certificate of Incorporation for your Delaware C-Corp.
Post-incorporation setup
Adopt bylaws, appoint directors and officers.
EIN application
Apply for your Employer Identification Number. A few minutes (SSN) or 4-6 weeks (fax flow).
Set up US banking
Pre-filled information from your legal paperwork. Can begin once EIN is submitted.
Issue founder stock
Issue stock to founders or their Indian LLPs. Uses India-specific SPA templates.
Post-Issuance Compliance
83(b) election filing
File within 30 days of stock issuance. Locks in tax basis at grant-date value.
File BE-13 COE with US Treasury
Must be done within 45 days of stock issuance. Filed directly on the Inkle platform.
Provide stock agreements to RBI
Must be done within 60 days of stock issuance.
US stock plan adoption
Adopt and allocate shares to a company stock plan for future equity awards.
Indian subsidiary formation
Form an Indian subsidiary to do business and hire employees in India.
India TopCo (US subsidiary)
Incorporate India Pvt. Ltd.
Skip if you already have an existing India entity.
Start ODI approval process
Begin ODI approval work. Once banker gives go-ahead, start US incorporation.
US subsidiary incorporation
File Certificate of Incorporation as a subsidiary of your Indian parent.
Post-incorporation setup
Set up as subsidiary. Adopt bylaws, appoint directors.
EIN application
Apply for your Employer Identification Number.
Set up US banking
Pre-filled from your legal paperwork.
FAQs
Where it gets interesting is when they need to have a subsidiary of this US entity. FEMA restricts Indian founders from having this setup, and hence the need for the LLP.
