GETTING INTO YC WAS THE HARD PART.

INCORPORATION SHOULDN'T BE.

Y Combinator tells founders one thing: move fast and build something people want. Your cross-border incorporation shouldn't be what slows you down.

Inkle Incorporate gets Indian founders investment-ready with a fully compliant Delaware C-Corp — sorted before Demo Day.

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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?

YC founders move at one speed - full. Inkle makes sure your India–US incorporation keeps up — investment-ready before Demo Day.
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 handling the India side, so nothing in the process becomes a bottleneck
Inkle stays with you beyond incorporation — US tax, compliance, and accounting, so you stay focused on building and talking to your customers.

The cleanest incorporation path from YC acceptance to Demo Day.

Indian YC Founders get:
Investor-ready Delaware C-Corp
Clerky's Company Lifetime Package
100% ODI and FEMA-compliance
Exclusive Inkle perks — $1200+ in savings on tax, compliance, and bookkeeping
CROSS-BORDER INCORPORATION STACK

Two expert teams. Both sides covered.

Inkle handles the US side. BCL takes care of the India side.
Each bringing deep, geo-specific expertise — always working in sync.
BCL India
Inkle Partner · India
India LLP registrations
Overseas Direct Investment (ODI)
India private limited company incorporation
Foreign Direct Investment (FDI)
Inkle Incorporate
Powered by Clerky · United States
Delaware C-Corp incorporation
India-compliant Stock purchase & board agreements
83(b) filings & EIN
Post incorporation document sets
State & federal filings on Inkle Tax
Ongoing bookkeeping on Inkle Books

Got into YC?
Based in India?
Inkle is for you.

$1,200+ in savings on incorporation support, bookkeeping, tax, and compliance — everything you need to be ready for YC and beyond.

Get started
  • 🎁 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 YC
- Government filing fees, entity formation charges, and other third-party costs still apply on Inkle Incorporate

The India difference

YC requires a US entity.
For Indian founders, the path there is different.

FEMA prevents Indian founders from directly holding shares in a foreign entity that has a step-down subsidiary.

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.
India LLP
US Parent
India Subsidiary

US TopCo (India subsidiary)

Inkle Incorporate guides you through every step. From Indian LLP creation through post-issuance compliance. Here's the full journey.
01

Create India LLP(s)

All Indian FEMA-resident founders must create their Indian LLP and open the LLP's bank account.

Timeline: ~2-3 weeks
Off - Inkle Incorporate
Inkle's partner CA/CS firm
02

Prepare ODI filing

Prepare draft ODI documentation and seek preliminary approval from the LLP's banker. After approval, begin US incorporation.

Off - Inkle Incorporate
Inkle's partner CA/CS firm
03

US incorporation

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File the Certificate of Incorporation for your Delaware C-Corp.

04

Post-incorporation setup

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Adopt bylaws, appoint directors and officers.

05

EIN application

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Apply for your Employer Identification Number. A few minutes (SSN) or 4-6 weeks (fax flow).

06

Set up US banking

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Pre-filled information from your legal paperwork. Can begin once EIN is submitted.

07

Issue founder stock

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Issue stock to founders or their Indian LLPs. Uses India-specific SPA templates.

Important for FEMA residents: Do not release signatures from escrow until final ODI approval. LLP must make ODI payment via SWIFT after RBI approval.
08

Post-Issuance Compliance

83(b) election filing

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File within 30 days of stock issuance. Locks in tax basis at grant-date value.

+$149 per founderFiled via Clerky's Managed 83(b) Elections
09

File BE-13 COE with US Treasury

On Inkle platform

Must be done within 45 days of stock issuance. Filed directly on the Inkle platform.

10

Provide stock agreements to RBI

Must be done within 60 days of stock issuance.

Off - Inkle Incorporate
Inkle's partner CA/CS firm
11

US stock plan adoption

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Adopt and allocate shares to a company stock plan for future equity awards.

12

Indian subsidiary formation

Form an Indian subsidiary to do business and hire employees in India.

Off - Inkle Incorporate
Inkle's partner CA/CS firm
India Parent
US Subsidiary

India TopCo (US subsidiary)

Coming soon
For founders who want to keep India as the parent entity with a US subsidiary.
This structure is best for bootstrapped founders or those raising primarily from Indian investors. Inkle Incorporate will guide you through the full process.
01

Incorporate India Pvt. Ltd.

Skip if you already have an existing India entity.

Off - Inkle Incorporate
Inkle's partner CA/CS firm
02

Start ODI approval process

Begin ODI approval work. Once banker gives go-ahead, start US incorporation.

Off - Inkle Incorporate
Inkle's partner CA/CS firm
03

US subsidiary incorporation

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File Certificate of Incorporation as a subsidiary of your Indian parent.

04

Post-incorporation setup

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Set up as subsidiary. Adopt bylaws, appoint directors.

05

EIN application

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Apply for your Employer Identification Number.

06

Set up US banking

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Pre-filled from your legal paperwork.

FAQs

Can Indian residents own a US company?
Yes. Indian residents can incorporate and own a Delaware C-Corp. This is permitted under FEMA's ODI framework, subject to Form ODI reporting with your AD bank. No prior RBI approval is needed for most structures.

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.
Do I need FEMA approval to incorporate?
No prior approval is required for most incorporations. However, Form ODI must be filed with your Authorised Dealer bank. Some AD Banks demand you take their approval before incorporating the US C-Corp. Speak to us for understanding which banks make it seamless.
Do I need an ITIN as a non-US founder?
An ITIN is required when you have personal US tax obligations — for example, when receiving a salary or dividends from your US company. Many early-stage founders may not need one immediately.
Can I open a US bank account from India?
Yes. Mercury, Relay, and Brex allow non-US residents to open business accounts remotely after incorporation. The Bank account and EIN application are built into Inkle Incorporate.
What is the 83(b) election and why does it matter?
An IRS election filed within 30 days of receiving vesting shares — it locks in your tax basis at grant-date value (near zero at founding) instead of at each vesting event. Missing this deadline is irrevocable and can result in a large tax bill later.