As an email addict, I'm only happy to have my credit card get charged automatically by Google (for extra storage) and Boomerang (a cute little Gmail management tool) - both US-based companies who (understandably for them, unfortunately for me) bill me in US Dollars. I wish we at Venture Intelligence could charge our customers the same way for accessing our database services . But thanks to the RBI, it looks like we can't - unless we re-incorporate in Singapore or Delaware, USA. As today's Economic Times article indicates, this combined with the 0% Capital Gains tax (on sale of shares in private companies) in Singapore just makes the proposition almost a no brainer and explains why so many of the venture capital-backed SaaS/Cloud-based businesses are rushing out. Software product companies are also stymied by a RBI mandate - meant to protect credit card users- that prevent companies from debiting money without the customer approving every transaction. Enterprise softw...