Startup Due Diligence in Tambaram IAF, Chennai
Last updated: 15 Oct 2026
Quick Answer: Virtual Auditor carries out financial, tax, secretarial and FEMA due diligence on start-ups in Tambaram IAF, Chennai for investors, acquirers and founders preparing for a round, from our head office at Spencer Plaza, Anna Salai. Findings are ranked by risk with the fix for each.
Tambaram IAF: the local picture for Startup Due Diligence
Tambaram IAF lies in Chengalpattu district, Tamil Nadu. Its business mix is typical of an area built around public institutions and campuses. Nearby areas we also serve include Tambaram, Tambaram East, Tambaram Sanatorium and Chromepet. We serve clients in Tambaram IAF from our head office at Spencer Plaza, Anna Salai. University and incubator spin-outs here need clarity on IP licensed from the institution and any equity it holds. Companies with a registered office in Tambaram IAF come under the Registrar of Companies, Chennai. FEMA reports are filed on the RBI's FIRMS portal through your authorised dealer bank; compounding applications go to the RBI regional office, Chennai.
What is start-up due diligence?
Due diligence is the investigation an investor or buyer carries out before committing money. A founder-commissioned review before a round finds the same issues earlier, while they can still be fixed cheaply.
What do we review?
Financial: quality of revenue and margins, cash burn, working capital and unrecorded liabilities. Tax: TDS, GST and income-tax positions, including exposure on share premium received in years before the angel-tax provision stopped applying from assessment year 2025-26. Secretarial: whether the cap table matches the PAS-3, SH-7 and MGT-7 filings, and whether the ESOP scheme follows Rule 12 of the share-capital rules.
What else do investors ask for?
Ownership of intellectual property (assignments from founders and employees), key contracts and change-of-control clauses, labour and payroll compliance, and handling of personal data under the Digital Personal Data Protection Act, 2023. DPIIT recognition and eligibility for the start-up profit deduction are also checked.
Full details of start-up due diligence, including the law, the process and our method: https://virtualauditor.in/startup-due-diligence-chartered-accountant
What you get from Virtual Auditor in Tambaram IAF
- Conditions precedent and subsequent for the term sheet
- Clean-up plan for founders
- Red-flag report ranked by risk
Documents to keep ready
- Cap table, SHA/SSA and ESOP scheme
- MCA filings and statutory registers
- GST, TDS and income-tax returns
Indicative Fee Structure
| Service | Fee |
|---|---|
| Startup due diligence | From ₹50,000 |
| Consultation | Complimentary 30 minutes |
*Prices are indicative and exclude government fees and taxes. Actual fees depend on scope and complexity; contact us for a fixed quote.
Frequently Asked Questions
What are the most common red flags?
Missing FEMA filings, cap tables that do not match MCA records, unassigned IP and undocumented ESOP grants.
Is angel tax still a risk?
Not for share issues from assessment year 2025-26 onward, but issues in earlier years can still be assessed under the old provision.
Which offices deal with start-up due diligence for a business in Tambaram IAF?
Companies with a registered office in Tambaram IAF come under the Registrar of Companies, Chennai. FEMA reports are filed on the RBI's FIRMS portal through your authorised dealer bank; compounding applications go to the RBI regional office, Chennai.
Do you also handle start-up due diligence for businesses near Tambaram IAF?
Yes. We also work with businesses in Tambaram, Tambaram East, Tambaram Sanatorium, Chromepet and Melakkottaiyur and elsewhere in Chennai, on the same terms and online.
Do I need to visit your office from Tambaram IAF?
No. We serve Tambaram IAF from our head office at Spencer Plaza, Anna Salai. Documents are shared securely online, filings are signed with a digital signature, and meetings are by video or at our office by appointment. Call +91 99622 60333 or email support@virtualauditor.in.