Iron out ‘reverse flipping’ kinks: Startups tell govt

As the government moves to simplify the process of ‘reverse flipping’ – which allows startups domiciled overseas to relocate to India –companies considering such a move are pushing for additional reforms to remove procedural hurdles, people aware of the development told ET.

Startup Policy Forum (SPF), an industry group representing over 50 new-age companies, in a communication to the Ministry of Corporate Affairs (MCA), flagged significant delays and uncertainties many startups continue to face despite recent positive regulatory changes.

One…