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Startup India Registration
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Startup India Registration
Startups are becoming very popular in India. In order to develop the Indian economy and attract talented entrepreneurs, the Government of India, under the leadership of PM Narendra Modi, has started and promoted the Startup India initiative to recognize and promote startups. Under the Startup India initiative, eligible companies can get recognised as Startups by DPIIT, in order to access a host of tax benefits, easier compliance, IPR fast-tracking & more. A startup is a newly established business, usually small, started by 1 or a group of individuals.
With tax exemptions, benefits and help provided by the government, more and more people are creating a company of their own.
The program started, people are now brave knowing that the government will back them in the process and hence are coming up with new ideas.
The biggest advantage of a startup is that it improves employment in the country as it is the direct result of more and more companies coming up. With the possibility of increased job opportunities, the Indian government has tried to help young companies grow and thrive in the Indian market. The Startup India initiative helps you to innovate and improve economic sustainable development. The startup will get any 3 consecutive years tax holiday out of ten years tenure.
Eligible for DPIIT startup recognition:-
- Period of existence and operations should not be exceeding 10 years from the Date of Incorporation.
- Should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its Incorporation.
- Incorporated as a Private Limited Company, a Registered Partnership Firm or a Limited Liability Partnership.
- Entity should not have been formed by splitting up or reconstructing an already existing business.
- Entity should not have been formed by splitting up or reconstructing an already existing business
Details Required For Startup India Registration
1.) Please submit a brief note supporting the options for innovation, improvement and scalability of your Startup.
2.) Please mention any awards/recognition received by the entity
3.) What is the problem the startup is solving?
4.) How does your startup propose to solve this problem?
5.) What is the uniqueness of your solution?
6.) How does your startup generate revenue?
7.) Main reason for starting your business?
8.) Details of any digital platforms (i.e.Website link, PPTs, Images etc).
Documents For Registration:-
- Incorporation/Registration Certificate.
- Details of Directors
- KYC of Directors
- Mobile No. & E-mail Id
- Proof of Concept like pitch deck/website link/Video/Images
Time duration
It can take up to 5-6 working days in order to DPIIT startup Registration.
Cost involved
Get DPIIT startup Registration On 1499/- Only
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