What we tell founders before they sign.
Every piece is dated, bylined and specific. No thought leadership, no landscape surveys. One mechanic per piece, explained before it costs you money.
LRS vs ODI: how should an Indian founder hold shares in a foreign company?
LRS is the pipe; ODI is the character. When a founder’s foreign shareholding is overseas direct investment, the Form FC and APR trail it brings, and the three-year window for fixing missed filings before compounding.
Self-custody meets institutional control: where the legal line actually sits
A joint analysis with Reah. Six regulators, six different custody tests for the same multi-sig wallet: control in the US, access in the EU, function in India, substance in the UAE, facilitation in Singapore, and the user's claim in Canada.
MiCA vs VARA: where should your crypto business get licensed, the EU or Dubai?
The EU transitional period closed on 1 July 2026, and the register is now the market. One authorisation passports across 30 EEA countries; VARA reaches one emirate with retail depth. When each fits, and when you need both.
FIU-IND registration for crypto businesses in India: who must register, and what follows
FIU-IND registration is an AML registration under the PMLA, not a licence. Who the March 2023 notification catches, including offshore exchanges, what the process involves, and the obligations and tax that follow.
Stablecoin yield across jurisdictions: a regulatory and product lens
A joint analysis with Coinstancy. How India, the UAE, the EU, Singapore and the US each treat stablecoin savings products, and why the same build cannot travel unchanged.
Where should you incorporate your US startup? Delaware, Wyoming, California or New York
It is two questions, not one: where you incorporate (Delaware vs Wyoming) and where you operate (SF vs NYC), which taxes you regardless. Most venture-track founders land the same way.
VARA vs ADGM vs DIFC: where should your Web3 company get licensed in the UAE?
The UAE has three virtual-asset regimes, not one. VARA for the Dubai market, ADGM for token issuers and foundations, DIFC for institutional finance. What you build decides the door.
Pvt Ltd vs LLP vs C-corp: which entity should you start your company as?
The entity you start with is a bet on how you will raise money. Pvt Ltd for Indian equity, LLP for no raise, C-corp for US venture. Pick by the fundraise, not the filing fee.
SAFE vs CCD vs priced round: how should you raise your early money?
The instrument follows the entity and the border. A SAFE is a US tool, a CCD is the FEMA-friendly convertible for India, a priced round sets valuation now. Where you sit decides what is even available.
ESOP pool sizing: how big, and who really pays for the dilution?
Two things decide what a pool costs you: how big it is, and whether it is created pre-money or post-money. The option pool shuffle can move real ownership by several percent.
FDI into India: automatic route vs approval route, and how founders get caught
Most foreign money into India is automatic-route. Founders get caught by treating every cheque as automatic and missing the FC-GPR, the FLA and the pricing rules that follow.
The Delaware flip from India: the sequence that decides what it costs
The flip is a share swap with FEMA, RBI and tax consequences on both sides of it. Done early it is clean. Done late, during a raise, it holds up the wire.
Delaware vs UAE vs India: where should your holding company sit?
The decision is made by where your customers, investors and revenue actually sit. A seven-dimension comparison, with the traps.
The working checklists behind these pieces are published in full as founder resources: the Web3 legal-readiness checklist, the India compliance calendar for FY 2026-27, and the SHA exit-rights checklist.