LedgersCFO Blog: US-India Startup Finance, Tax and Compliance

Practical US-India startup guides covering finance, tax filings, bookkeeping and cross-border compliance.

VC Due Diligence Checklist

Learn what a VC due diligence checklist includes by funding stage, from pre-seed through Series C, and how to prepare.

Form 5472 vs 1120: A Simple Guide

Form 5472 discloses transactions with a foreign owner; the pro forma Form 1120 is the cover sheet it attaches to. What each form covers and the penalties.

Claim R&D Tax Credit with No Revenue

Pre-revenue startups can still claim the R&D tax credit by applying it against payroll tax instead of income tax. How the offset works and how to claim it.

R&D Tax Credit Mistakes to Avoid

Learn the common R&D tax credit mistakes founders make, the $500,000 payroll offset limit, and penalty risks from 20% to 75% for errors.

APR Filing Mistakes to Avoid

Five real APR filing mistakes Indian founders make with the RBI Annual Performance Report, and the lessons that prevent penalties and blocked remittances.

FLA, APR, and ODI Compliance Calendar

A founder-friendly calendar for three RBI filings: ODI before remittance, FLA due July 15, and APR due December 31, plus what happens if you miss one.

ODI Filing for US Subsidiaries

Learn the ODI filing process for Indian companies setting up a US subsidiary, from board approval and Form FC to UIN and ongoing RBI compliance.

FLA Return Filing for Indian Companies

FLA returns report foreign liabilities and assets to the RBI, due every July 15 even with zero new activity. Who must file, what it requires, and deadlines.

Form 5471 Filing: Filer Categories

Form 5471 has five IRS filing categories for U.S. shareholders in foreign corporations. Learn which applies to you, required schedules, and penalty risks.