Angel Round Advisory
Structuring and closing angel and friends-and-family rounds
- 1StructureInstrument, price and investor list fixed.
- 2Approve and offerResolutions passed; offer letters issued.
- 3Allot and fileShares allotted; ROC and RBI filings made.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Angel Round Advisory
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
An angel round in India is usually done as a private placement of equity or compulsorily convertible preference shares: a special resolution, a PAS-4 offer letter to named investors, money received only through a separate bank account, allotment within 60 days and PAS-3 within 15 days of allotment. Angel tax no longer applies from AY 2025-26, but foreign angels still trigger FEMA pricing and FC-GPR.
Founders often take angel money informally and fix the paperwork later — which surfaces as a problem in the next round's due diligence. We set up the round properly: the instrument, the valuation support, approvals, offer letters, the separate bank account and allotment filings.
For angels outside India, the issue price must meet FEMA fair-value rules and the company files FC-GPR within 30 days of allotment. For DPIIT-recognised startups, convertible notes of ₹25 lakh or more per tranche are another quick option.
| Route | Private placement (Section 42) with preferential allotment rules |
|---|---|
| Offer limit | Up to 200 persons per financial year (excluding QIBs and ESOPs) |
| Allotment | Within 60 days of receiving money; PAS-3 within 15 days |
| Angel tax | Not applicable from AY 2025-26 |
| Foreign angels | FEMA pricing and FC-GPR within 30 days |
Who this is for
Common scenarios where this service is a good fit.
- Founders raising from angels or angel networks
- Startups taking friends-and-family money
- Startups with foreign angel investors
What you get
Clear deliverables so you know exactly what's included.
- Instrument and term guidance
- Valuation coordination
- Resolutions, PAS-4 and PAS-3
- FEMA filings for foreign angels
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Instrument, price and investor list fixed.
Resolutions passed; offer letters issued.
Shares allotted; ROC and RBI filings made.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
