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Re:Nearly a third of Indian startup founders surveyed are co... by r_singh on Saturday February 01, 2020 @08:05AM (#22210284)
A lot of India based SaaS companies register in Singapore or USA while keeping their entire dev team (and sometimes even the rest of it: sales, marketing, support, etc) in India.

The incentives being ease of international transactions, capital / debt availability, simpler tax policies.

Re:Nearly a third of Indian startup founders surveyed are co... by ramraj07 on Saturday February 01, 2020 @08:53AM (#22210495)
You'd still need to file taxes in India right?
Re:Nearly a third of Indian startup founders surveyed are co... by r_singh on Saturday February 01, 2020 @09:17AM (#22210597)
The company in India only has a fraction of the total revenues and barely any profits, reducing the tax liabilities significantly.