Reverse Flipping is the process of shifting your startup’s parent company structure from an overseas entity (like Delaware or Singapore) back to India, making your Indian subsidiary the primary holding company.
Now that India offers better valuation, IPO prospects, regulatory support and investor confidence, reverse flipping is gaining momentum.
Discover why flipping back to India gives your startup an edge.
Get listed on Indian stock exchanges and attract domestic investors who prefer investing in locally incorporated companies.
Take advantage of DPIIT startup benefits, tax holidays, and India's improving ease of doing business.
Avoid the hassle of handling multiple jurisdictions. Focus your compliance efforts within Indian frameworks only.
Startups with Indian customers and operations often achieve stronger valuation when domiciled in India.
Prepare for an IPO in India, attract Indian acquirers, or explore D2C exits—all made easier with Indian incorporation.
Easier for Indian VC funds and angel investors to invest directly in your company without FEMA complications.
Your shift to India, simplified in six expert-led steps.
Discuss Your Goal
Decide Your Route To India
Prepare the Paperwork
Run Due Diligence
Execute The Reverse-Flip
If these apply to you, it’s probably time to reverse flip.
Your holding company is outside India, but majority operations, team, and revenue are in India
You're facing difficulty in repatriating profits or capital
You're preparing for an IPO in India
Indian investors want to invest directly in the domestic entity
You want to simplify global legal and tax compliance
You want to leverage Indian startup schemes and incentives
The reverse flip starts here, pick your path.
Merge your foreign holding company into your Indian entity
Let foreign shareholders exchange their stake for equity in the Indian company
Everything it takes to bring your startup home, from advice to execution.
We assess your current structure, investor base, operations, and future goals to identify if reverse flipping is the right move for your startup.
From cross-border mergers to share swaps or asset transfers, we help you choose the most tax-efficient, regulator-friendly method tailored to your case.
We equip your leadership team with clear financial models, legal implications, and actionable scenarios to take an informed board-level decision.
We identify tax-efficient routes and address cross-border taxation issues, ensuring post-deal tax optimization.
Our experts prepare fair, regulation-compliant valuations under FEMA and Income Tax norms, ensuring stakeholder confidence and cap table clarity.
From legal drafting to RBI filings and MCA approvals, we stay with you through every step of the execution, ensuring a seamless transition to India.
Your comeback to India, managed with precision and zero chaos.
We begin by decoding your overseas structure, entity location, shareholding, IP, revenue flow, everything that matters.
We evaluate tax impact, investor alignment, ongoing contracts, and regulatory sensitivity to determine the right reverse flipping path.
No templates here. We design a structure that aligns with your fundraising goals, exit plans, and compliance timelines.
We handle filings, approvals, and representations across RBI, MCA, and global jurisdictions, keeping it watertight and timely.
From valuation reports to share swap agreements and cap table updates, we ensure clean, compliant execution.
Once the reverse flip is done, we stay onboard, managing post-reverse flip filings, registrations, and startup scheme enablement in India.
Count on Startup Movers as your trusted M&A Partner!
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Need answers? Browse our FAQs for quick guidance!
Reverse flipping can trigger tax consequences both in India and the foreign jurisdiction.
Key considerations include capital gains tax on share transfers, applicability of transfer pricing rules, potential tax on asset transfers, and compliance under the Income Tax Act and FEMA.
Choosing the right structure like share swap vs. inbound merger can significantly impact your tax liability. A well-planned strategy ensures minimal tax leakage and maximum regulatory alignment
An inbound merger is when your foreign holding company merges into your Indian entity. It’s a legal process approved by the RD or NCLT and RBI, where all assets, liabilities, and ownership are transferred to the Indian company — making it the new parent.
A share swap means the shareholders of the foreign company exchange their shares for shares in the Indian company. The foreign company may continue to exist, but the ownership shifts to the Indian entity.
Both are common methods used for reverse flipping and the right choice depends on your structure, tax planning, and business goals.
Yes. Valuation, ownership percentages, and shareholding structure must be realigned in accordance with Indian laws.
This requires fair valuation and careful planning to avoid tax or compliance issues.