Iron out ‘reverse flipping’ kinks: Startups tell govt

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As the government moves to simplify the process of ‘reverse flipping’ – which allows startups domiciled overseas to relocate to India –companies considering such a move are pushing for additional reforms to remove procedural hurdles, people aware of the development told ET.

Startup Policy Forum (SPF), an industry group representing over 50 new-age companies, in a communication to the Ministry of Corporate Affairs (MCA), flagged significant delays and uncertainties many startups continue to face despite recent positive regulatory changes.

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Iron out ‘reverse flipping’ kinks: Startups tell govt


As the government moves to simplify the process of ‘reverse flipping’ – which allows startups domiciled overseas to relocate to India –companies considering such a move are pushing for additional reforms to remove procedural hurdles, people aware of the development told ET.

Startup Policy Forum (SPF), an industry group representing over 50 new-age companies, in a communication to the Ministry of Corporate Affairs (MCA), flagged significant delays and uncertainties many startups continue to face despite recent positive regulatory changes.

One…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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