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Startup India Registration @ Rs. 7999/-

Boost up your business with Startup India Initiative with at just ₹ 7999/-. Get free advisory on how to register for Startup India with our professionals.

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The Startup India Scheme is an initiative by the government of India aimed at encouraging the development and innovation of products and services and the creation of employment opportunities across the country. One of the goals of the scheme has been simplifying how to register a startup in India by reducing regulatory burdens and allowing them to focus on their core business while keeping compliance costs low and also providing multiple benefits, aside from the massive networking opportunities provided by the bi-annual startup festivals held by the Government of India both domestically and internationally.

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Benefits of Startup India Recognition

Here are the main benefits of Startup India:

  • Eligibility to apply for 3 years Income Tax exemption
  • Eligibility to avail funding from Rs. 10,000 crore FOF scheme
  • Priority Govt. Tender and Procurement Scheme
  • No Angel Tax up to Rs. 25 crore funding
  • No Labour Law Inspection fear for Startups
  • 50% discount in Trademark & 80% rebate in Patents fees
  • Recognised Startups can avail loans from Non-Resident Investors (External Commercial Borrowings-ECB)
  • Private Limited can take deposit from its members
  • Eligibility for availing State Govt. Incentives

Checklist for Startup India Registration

An organisation will be eligible under the scheme if:

  • It is incorporated as a private limited company or registered as a partnership firm or a limited liability partnership in India
  • It has been less than ten years from the date of its incorporation/registration
  • Its turnover for any of the financial years since incorporation/registration has not exceeded INR 100 Crores
  • It should possess a DIPP number
  • It is funded by an incubation fund, angel fund, or private equity fund that is registered with the Securities and Exchange Board of India (SEBI)
  • It has obtained a patron guarantee from the Indian Patent and Trademark Office
  • It has a recommendation letter from an incubator
  • Capital gain is exempt from income tax
  • It is working towards the innovation, development, or improvement of products or processes or services, or if it is a scalable business model with a high potential for employment generation or wealth creation

Documents Required For Startup India Registration

Listed below are the documents and details required for Startup India registration.

  • Certificate of Incorporation or Partnership Registration Certificate
  • Company PAN card
  • Brief Write up on how the business is working towards: innovation, employment, wealth creation
  • Website OR Company Profile Deck (Any One)

How to Enroll for Startup India

The most important step is to register the company as one of only three possible types of entities:

  • Private Limited Company, registered under the Ministry of Corporate Affairs and regulated by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. This type of structure allows directors to be separate from the shareholders and provides limited liability for the shareholders with certain restrictions on ownership. Click here to incorporate Private Limited company now.
  • Partnership Firm, registered under the partnership firm act, is a structure where the founders are subject to a partnership deed with the conditions outlined and registered with the registrar of firms. Under this structure, the partners have unlimited liability, which means they are personally liable for the debts of the business. However, low costs, ease of setting up, and minimal compliance requirements make it the easier option for businesses that are unlikely to take on any debt. Click here to learn more about Partnerhship Firm.
  • Limited Liability Partnership (LLP) registered under the Limited Liability Partnership Act, 2008 is a structure wherein a partnership firm takes on the characteristics of a private limited company in terms of facilities such as limited liability and transferability. The LLP structure was introduced into India in 2009 to provide a form of business that is easy to maintain and to help owners by providing them with limited liability. To know more about registering an LLP, please click here.
Note*: Once registered, click here and follow the steps outlined to be recognised by the DPIIT as a startup under the Startup India Scheme, including uploading whatever documents they might request and providing the information requested, such as registration/incorporation number, representatives, directors/partners, address, date of incorporation, and so on.

Why choose for Startup India Registration

We make your interaction with the government as smooth as possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.

  • Strong Team: With a team of experienced business advisors and legal professionals, you are just a phone call away from the best in legal services.
  • Access To Experts: We provide access to reliable professionals and coordinate with them to fulfil all your legal requirements. You can also track your job progress on our easy-to-use dashboard.
  • Realistic Expectations: By handling all the paperwork, we ensure a seamless interactive process with the government. We provide clarity on the incorporation process to set realistic expectations.
  • Dedicated Manager: We assign a dedicated relationship manager for you who take cares of all your job and keep you informed regularly.

FAQs on Startup India

A startup defined as an entity that is headquartered in India, which was opened less than 10 years ago and has an annual turnover of less than ₹100 crores (US$14 million).

Most small businesses take at least 2 to 3 years to be profitable and become truly successful once they've hit the 7 to 10 years mark.

If you have all the documents in order, it will take no longer than 15 days. However, this is dependent on the workload of the registrar.

Any individual, or even a company or an LLP, can become a partner. However, only an individual can become a 'designated partner' in an LLP.

Typically, only start-ups that will not be looking for venture capital funding register LLPs. This is because venture capitalists only invest in private and public limited companies.

Yes, it is much cheaper to run an LLP than a private limited company, particularly in your early start-up days. This is because many compliances, such as an audit, apply to LLPs only after their turnover is sizable. Most LLPs spend about half as much as a private limited company in their first year on registrations and compliance work.

According to the Economic Times, as of 2020, the top-earning businesses in India are from the financial services, transport and support services, aerospace, defence, and security services, technology services, and health and education services.

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