Startup Due Diligence in Thiruverkadu, Chennai

Quick answer: Virtual Auditor carries out financial, tax, secretarial and FEMA due diligence on start-ups in Thiruverkadu, 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.

Thiruverkadu: the local picture for Startup Due Diligence

Thiruverkadu lies in Thiruvallur district, Tamil Nadu. Its business mix is typical of a residential neighbourhood with shops, clinics and home-based businesses. Nearby areas we also serve include Poonamallee, Maduravoyal, Ambattur and Mogappair West. We serve clients in Thiruverkadu from our head office at Spencer Plaza, Anna Salai. Very early-stage companies here mostly need their cap table, founder agreements and ESOP paperwork put in order before the first round. Companies with a registered office in Thiruverkadu 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.

Why FEMA matters in start-up deals

Every earlier foreign investment needed a fair-value pricing certificate and an FC-GPR within 30 days; transfers needed FC-TRS. Gaps are common and are regularised with late-submission fees or compounding before the new investor's money comes in. We also check downstream investment and any investor from a land-border country.

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 Thiruverkadu

• Tax and FEMA exposure summary
• Conditions precedent and subsequent for the term sheet
• Clean-up plan for founders

Documents to keep ready

• GST, TDS and income-tax returns
• Key customer, vendor and employment contracts
• Financial statements, management accounts and bank statements

Indicative Fee Structure

*Prices are indicative and exclude government fees and taxes. Actual fees depend on scope and complexity; contact us for a fixed quote.

Engagement terms — reviewed 25 October 2026

• Fee: From ₹75,000 + 18% GST, fixed against the agreed scope (financial, tax, secretarial, FEMA).
• Extra / not included: Legal due diligence and technical/commercial diligence are outside scope unless agreed.
• Turnaround: 15 working days from receipt of complete information and the advance payment.
• Who signs: The certificate is signed by V. Viswanathan FCA or another qualified Chartered Accountant of the practice, depending on the engagement.
• Entity: Engagement letter and invoice are issued by Virtual Auditor Private Limited.
• What to send first: Send the data-room index, term sheet or LOI, last three years' audited accounts, and the statutory registers.
• Next step: Send your enquiry on WhatsApp to +91 99622 60333; we confirm the scope, fee and timeline in writing before work starts.