Asia Common Law
Engineering heavy startups with India teams, India
Section 115BAA gives a flat 22% CIT plus surcharge and cess for an effective 25.17%, with no exemption strings attached. DPIIT recognised startups get a three year tax holiday on profits under Section 80-IAC. Filing runs through MCA21 with SPICe+ forms, DIN and DSC required.
115BAA 25.17%DPIIT 3-year holidaySPICe+ filing
Start setup {placement} 4 min · no card required
Corp tax
25.17%
Fastest setup
20 days
Tax treaties
94
Region
Asia
What you'll need
- Resident director required
- Local registered office required
- Economic-substance test applies
- Minimum capital: INR 1
- Administrative language: English and Hindi
- Legal system: Common law
Tax and treaty profile
- Corporate tax 25.17%
- Tax treaties 94
- VAT rate 18%
- Withholding on dividends 20%
Key treaty partners
United StatesUnited KingdomSingaporeMauritiusNetherlandsGermany
Banking and payments
- Banking takes 2 to 4 weeks with KYC
- Stripe supported
Considerations
If you need Stripe acquiring on day one
Stripe India support is limited and the RBI imposes payment aggregator rules that delay onboarding. Cross border remittance still routes via Liberalised Remittance Scheme. For instant US payment rails:
Limited Stripe supportRBI payment aggregator rulesLRS remittance limits