CA Durgesh Chavda, working CA for founders beyond borders.
Chartered Accountant (ICAI) · Founder & Managing Partner, Bharat Quantum Prospera · Ahmedabad
I run Bharat Quantum Prospera, a chartered advisory firm for Indian founders operating across the US, UAE, UK, Singapore and Mauritius. Every mandate is working-CA engagement — direct partner access, no template handoffs, written-down answers. Over 240 published practitioner guides at bharatquantumprospera.com/insights.
/ Who I am
Chartered accountant, working practitioner.
I qualified as a Chartered Accountant through the Institute of Chartered Accountants of India (ICAI) and have spent the past decade building a cross-border advisory practice focused on Indian founders operating globally. The work is almost entirely hands-on: filings get signed with my name, structures get defended before authorities when questioned, and clients talk to me (not an associate or offshore team) when the question is hard.
Bharat Quantum Prospera is my firm. We are headquartered in Ahmedabad with offices in Mumbai, Bengaluru, Rajkot and Dubai, serving clients across India, US, UAE, UK, Singapore and Mauritius. The practice is intentionally small-elite rather than large-generic: every engagement is scoped with a founder, priced in writing, and run to a deliverable with my sign-off.
/ Practice areas
What I work on.
Over the last decade I have deepened in a narrow but connected set of cross-border practices. The map below is accurate — these are the areas where I personally run the file, not areas we outsource.
US Incorporation
Delaware C-Corp, Wyoming LLC, state-selection, EIN without SSN, 83(b), QSBS setup for Indian founders.
India-US Flip
Pre-US-VC flips, FEMA Form ODI, share swap mechanics, Indian capital gains at swap, transfer-pricing setup.
US-India Reverse Flip
Delaware parent back to Indian parent for IPO track; shareholder tax, FDI mechanics, Scheme of Arrangement where applicable.
India-US DTAA
Treaty rate claims, TRC, Form 10F, Section 195 TDS, foreign tax credit co-ordination on Indian ITR.
India-UAE / UK / Singapore / Mauritius DTAA
Full treaty analysis including LOB, PPT, GAAR, MLI, and substance-defence for each jurisdiction.
FEMA ODI Compliance
Overseas Investment Regulations 2022, Automatic Route, Form ODI, Annual Performance Report, UIN management.
NRI Taxation
Residential status / RNOR, Section 115A, DTAA relief, NRE / NRO / FCNR, property sale, mutual fund tax, return-of-residence planning.
Form 5472 + FBAR + BOIR
Annual US compliance for foreign-owned LLCs and C-Corps; back-year cleanup under Streamlined Procedures.
Transfer Pricing
Section 92D India + US contemporaneous documentation, cost-plus structuring, benchmarking, APA strategy.
Fund Structuring
AIF Category I/II/III, GIFT City IFSC, Mauritius GBL, Singapore VCC — India-focused and pan-Asia fund structures.
SME IPO Advisory
BSE SME + NSE Emerge end-to-end: readiness audit, DRHP, SEBI inspection, merchant banker co-ordination, listing.
ESOP + 409A
India Section 17 ESOP plans, 409A valuations for Delaware C-Corps, cross-border grant mechanics, perquisite tax at exercise.
Overseas Incorporation
UAE Free Zone, Singapore Pte Ltd, UK Ltd, Estonia OU, Hong Kong Private Ltd for Indian founders.
Fundraising + Term Sheets
Seed to Series B term-sheet review (India + US), SAFE / CCPS / equity structuring, founder vesting + 83(b).
GIFT City IFSC
Section 10(23FE), 10(4D), Section 80LA, IFSCA FME licensing for new India-focused funds.
Cross-Border Payroll
India-US dual-structure payroll, Indian subsidiary PF/ESI/PT, US W-2 / 1099 contractor onboarding, equity co-ordination.
/ How I work
Scoping, pricing, deliverables.
Every engagement starts with a free 20-30 minute scoping call. I use the call to understand your business, your 12-month plan, and the actual question you are trying to answer. By the end, you have a clear sense of whether BQP is the right fit and what the engagement would cost. If it is not a fit, I will tell you and often refer to someone who is.
Mandates are priced in writing before work begins. We do fixed-price for standard engagements (US incorporation, Form 5472 annual, FBAR, SME IPO readiness) and hourly-with-cap for structuring work where scope flexes. You see the number before you commit.
Deliverables are documents, not slides. You get: the memo explaining the structure and the trade-offs considered; the filings executed and the acknowledgements retained; the ongoing compliance calendar if applicable. Everything in writing, signed off, defensible if questioned later.
Direct access. You WhatsApp me, I WhatsApp you back. For complex questions we schedule a call. For routine filings an associate drives the file but I sign and I am responsible.
/ Published work
240+ working-CA guides.
I have written and personally reviewed over 240 practitioner guides covering US incorporation, cross-border tax, FEMA ODI, NRI taxation, flip and reverse-flip structures, ESOP mechanics, SME IPO, GIFT City, and the specific DTAAs with India's main treaty partners. Every page carries my author attribution and is written to be executable — not a definition, but a how-to with the specific sections, forms and timelines.
The library is organised at bharatquantumprospera.com/insights with topic clusters and live search. Most frequently referenced:
- US Incorporation (Delaware C-Corp & Wyoming LLC) — the main hub for Indian founders setting up in the US.
- India-US DTAA Withholding Rates — the practitioner reference for cross-border payment-side treaty mechanics.
- Form 5472 for Foreign-Owned US LLC — the USD 25,000 penalty avoidance guide.
- India-to-Delaware Flip Structure — pre-US-VC flip mechanics for Indian founders.
- US-India Reverse Flip — Delaware parent back to Indian parent for Indian IPO track.
- NRI Taxation Pillar Guide — the full working-CA map for NRIs with India exposure.
- Overseas Incorporation Guide — Delaware vs UAE vs Singapore vs UK vs Estonia vs Hong Kong decision framework.
- Delaware Franchise Tax Calculator — free tool used by hundreds of founders each month.
/ Media & speaking
Available for media and events.
I am available for background and on-record commentary on cross-border tax, Indian start-up incorporation structures, flip and reverse-flip mechanics, SME IPO, FEMA, NRI taxation, and GIFT City developments. For reporters covering Indian founder topics or regulatory updates, I can be a reliable technical source with specific-section citations and worked examples.
For speaking engagements at founder summits, CA / tax conferences, accelerator cohorts, or corporate briefings, standard topics include:
- US incorporation for Indian founders — the mechanics and the mistakes.
- India-to-Delaware flip timing: why early beats late by millions in tax.
- UAE Corporate Tax 2023 and what it changed for Dubai holdcos.
- NRI taxation and the RNOR return-to-India planning window.
- Form 5472 and other USD 25,000+ compliance traps for Indian-founder US entities.
- GIFT City IFSC fund structures — the Mauritius / Singapore replacement.
Reach: durgesh@bharatquantumprospera.com · WhatsApp · LinkedIn. Full press kit: bharatquantumprospera.com/press.
/ Working with me
Start with a scoping call.
If you are an Indian founder planning a US entity, a Dubai relocation, an SME IPO, a flip (or a reverse flip), or any cross-border structure — the first conversation is free and useful whether or not you engage us. We produce written scoping with pricing before we start work.