Dugain Advisors

Navigating the regulatory landscape in India can be a daunting task for any business, especially for high-growth startups, founders, investors, and foreign companies entering the market. The Registrar of Companies (ROC) plays a pivotal role in ensuring that companies comply with statutory requirements under the Companies Act, 2013. Understanding and adhering to ROC compliance is essential for maintaining corporate governance, avoiding penalties, and fostering sustainable growth. This article...

Seed funding represents the critical first step in a startup’s journey toward growth and success. It is the financial lifeblood that enables entrepreneurs to transform ideas into viable businesses. However, navigating the complexities of seed funding requires more than just securing capital; it demands a thorough understanding of the legal landscape. Without proper legal guidance, startups risk facing costly pitfalls that can jeopardize their future. In this article, I will explore the...

What Is Section 80-IAC? The Tax Benefit Explained Section 80-IAC of the Income Tax Act, 1961 allows eligible Indian startups to claim a 100% deduction on profits for any three consecutive financial years within their first ten years of incorporation. Introduced from 1 April 2017 under the Startup India initiative, this is one of the most significant direct tax incentives available to startups in India. Who Is Eligible? ● Private Limited Company or LLP ● Incorporated on or after 1 April 2016...