1. Global Startup Finance Checklist
- Incorporation Essentials
- Choose the right entity (LLC / Pvt Ltd / LTD / Free Zone / GmbH / SAS)
- Appoint directors, shareholders & registered agent
- Open bank account & apply for tax registrations (GST/VAT/PAYE/EIN)
- Accounting Setup
- Choose cloud software (QuickBooks, Xero, Zoho, Odoo)
- Create standard chart of accounts
- Set up invoice templates & payment gateways
- Connect bank feeds & reconciliation rules
- Compliance Setup
- Payroll system aligned with country rules
- Monthly/quarterly tax filing calendar
- Annual corporate filing reminders
- Cash Flow Foundation
- 12-month cashflow plan
- Burn rate & runway tracking
- Payment cycle automation
- Capital Readiness
- Investor-ready financial model
- Data room checklist
- Entity-level tax optimization
2. Country-Wise Incorporation Summary
- 🇮🇳 India
- Best structure: Pvt Ltd or LLP
- Tax rate:22% (domestic companies), 15% (new manufacturing)
- Key filings: GST, TDS, PF/ESI, MCA filings, Income tax
- Typical costs: ₹15,000–₹35,000
- 🇺🇸 United States
- Best structure: LLC (WY, DE, FL) or C-Corp (Delaware)
- Tax rate: Based on entity — pass-through or corporate 21%
- Annual requirements: Franchise tax, 1120/1065, state filings
- Costs: $300–$1,000
- 🇬🇧 United Kingdom
- Best structure: LTD
- Tax rate: 19%–25% corporation tax
- Key filings: VAT, PAYE, CT600, Confirmation statement
- Costs: £50–£300
- 🇦🇪 UAE
- Best structure: Free Zone LLC
- Corporate tax: 0% up to AED 375,000, 9% above
- Reporting: VAT, corporate tax return, audit (zone dependent)
- Costs: AED 12,000–AED 25,000
- 🇪🇺 European Union
- Popular structures:
-
o France: SAS / SARL
o Germany: GmbH
o Netherlands: BV - Corporate tax range: 15%–30%
- VAT: Mandatory for EU trade
3. Founder Tax Optimization Guide
- Global Best Practices
- Draw minimal salary + dividends (India/UK/EU)
- Use S-Corp election in the US for tax savings
- Utilize UAE residency for global tax optimization
- Manage permanent establishment (PE) risk properly
- Use DTAAs to avoid double taxation
- Country-Specific Tips
- 🇮🇳 India: HUF planning, 80C deductions, capital gains optimisation
- 🇬🇧 United Kingdom: SEIS/EIS reliefs for investors
- 🇺🇸 United States: QSBS, S-Corp salary threshold rules
- 🇦🇪 UAE: Corporate tax grouping, 0% free zone benefit
- 🇪🇺 EU: R&D credits (France, Netherlands)
4. Global Accounting System Blueprint
- Recommended Software:
- QBO: US, Canada, India
- Xero: UK, EU, Australia
- Zoho/Odoo: UAE, India
- PennyLane/Datev: France/Germany
- Standard Chart of Accounts (Templates Included)
- Revenue segmentation
- COGS grouping
- Overheads
- Payroll
- Depreciation
- Tax accounts
- Automation Checklist
- Stripe/PayPal/Shopify integrations
- Auto AR reminders
- Bank reconciliation rules
- Supplier onboarding system
5. Global Compliance Calendar
- Monthly
- GST/VAT filings
- Payroll, TDS/PAYE/ESI
- WHT (country dependent)
- Bookkeeping closing cycle
- Quarterly
- Estimated taxes
- VAT in some EU zones
- UAE corporate tax advance monitoring
- Annual
- Corporate tax returns
- Statutory audit
- MCA filings, UK confirmation statement, US franchise filings Includes India, US, UK, UAE, EU versions.
6. CFO Dashboard
(For founders & investors)
- KPIs Included:
- Burn rate
- Runway
- Gross margin
- CAC, LTV, payback
- Cash conversion cycle
- AR/AP ageing
- Revenue by segment
- OPEX by category
7. Funding Readiness Toolkit
- Documents Investors Expect:
- 3-year financial model
- P&L / BS / CF actuals
- MoM growth charts
- Cap table
- Customer metrics
- Product roadmap
- Legal documents
- Due-diligence checklist
- Funding Instruments
- SAFE
- Convertible notes
- Equity round
- Venture debt
8. Global Payroll & Contractor Compliance Guide
- Hiring Employees
- India: PF, ESI, PT
- UK: PAYE, NI
- US: W2, 1099
- UAE: WPS, gratuity
- EU: Social security contributions
- Hiring Contractors
- Independent contractor rules
- Country-specific penalties
- Documentation checklist
9. About SimplifiTax
Who We Are
SimplifiTax is a global tax, accounting, and virtual CFO firm helping startups and founders across India, US, UK, UAE, EU and other countries navigate global compliance and finance.
- Our Specialisations
- Global tax planning
- Cross-border accounting
- VC fundraising support
- Investor-ready financial modelling
- Full-stack virtual CFO services
- Why Founders Choose Us
- Operate across 5+ continents
- Expertise in 50+ industries
- Multi-country tax specialists
- Proven track record of scaling startups
