Indian startups are increasingly incorporating in the Cayman Islands to gain tax neutrality, faster compliance, and investor-friendly legal frameworks.

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The Cayman route allows Indian firms to launch dual IPOs—both in India and globally—expanding capital access and boosting valuation.

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Companies like Pepperfry and Narayana Health have already engaged with Cayman structures, setting precedents for other Indian ventures.

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The Cayman Islands offer a zero-tax regime on profits, income, and capital gains—attractive for global VCs and founders alike.

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Setting up in Cayman is quick and low-cost, with simplified regulations and minimal annual disclosures compared to India or the U.S.

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Its English common law foundation ensures Cayman’s legal system is globally trusted, flexible, and investor-protective.

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Cayman-based companies are already accepted on top exchanges like NASDAQ, NYSE, and HKEX—supporting smoother global IPOs.

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Cayman entities are the standard structure for SPAC IPOs, with 95% of non-U.S. SPACs in 2024 based there—boosting credibility.

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A typical structure includes a Cayman holding firm, Singapore/Mauritius intermediates, and Indian operating units—maximizing compliance and capital mobility.

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While Cayman offers global opportunities, startups must manage Indian regulatory risks like FEMA rules, round-tripping laws, and offshore scrutiny.

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