Founder money foundations

How do I actually set up separate accounts and cards so company and personal money never mix?

The short answer

Make the separation physical, not just a good intention. Open a dedicated bank account in the company's name and route every business inflow and expense through it, with its own debit or corporate card the team uses only for company spending. Keep your salary landing in your personal account, and let that account fund your personal life. Do not pay company vendors from your personal card as a habit, and do not swipe the company card for groceries. If you occasionally have to bridge a gap, document it as a reimbursement or a loan rather than letting it blur. Clean accounts make bookkeeping, audits, and future due diligence far easier, and they keep your cap table story honest. Account types, GST, and expense rules differ by company structure and change over time, so set this up with a CA or company secretary. Clean lines now save painful untangling later.

A curated summary to orient you, not advice. The resources below are the real value.

Go deeper, your way

2 hand-picked resources, 2 India-specific, 1 link-checked. Pick how you want to dig in.

Terms in this answer

Due Diligence Cap Table

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