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Start-Up India Registration


The Government of India, under the administration of the Ministry of Commerce and Industry, had begun the Start-up India Stand-up India initiative on 16th January, 2016 to uplift and grow the Indian start-ups.
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Overview

The objective behind the start-up India Initiative is to catalyze startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India. Department for Industrial Policy and Promotion (DPIIT) gives the approval for start-up India registration.

The Start-up India Initiative is focused on major objectives

  • Simplification and Handholding: Easier compliances to newly incorporated start-ups so that they can focus on the business operation, Exist support in case of failures, Legal Support, etc.
  • Funding & Incentives: Exemptions on Income Tax and Capital Gains Tax for eligible startups.
  • Incubation & Industry-Academia Partnerships: Creation of various incubators and innovation labs, competitions, events, and grants.


    • There is an eligibility criterion to apply for start-up India registration.

  • A Start-up should be a Private Limited Company/ Limited Liability Partnership/ Registered Partnership Firm.
  • The Start-up should be less than 10 years old from the date of incorporation.
  • The turnover should be less than 100 Crore in any previous years.
  • The Start-up should not be formed by splitting up or reconstruction of an existing business.
  • The business concept should be unique driving towards innovation or bringing improvement of existing products, services and processes.



    • Benefits of Start-Up India Registration

    Self-Certification

    Startups shall be allowed to be self-certify compliance for six Labor Laws and three Environmental Laws through an easy online procedure. In the case of labor laws, no inspections are going to be conducted for a period of 5 years.

    Patent Application & IPR Application

  • Patent applications filed by startups will be fast-tracked for examination.
  • Advisory on different intellectually property furthermore as information on protecting and promoting property in other countries.
  • Central Government shall bear the whole fees of the facilitators for any number of patents, trademarks or designs that a Startup may file, and therefore the Startups shall bear the cost of only the statutory fees payable.

    • Tax Exemption

    Eligible startups can be exempted from paying income tax for 3 consecutive financial years out of their first ten years since incorporation.

    Section 56 Exemption

    Investments into eligible Startups by Accredited Investors, Non-Residents, AIFs (Category I), & listed companies with a net worth more than 100 crores or turnover more than INR 250 Crore, shall be exempt under Section 56(2) (VIIB) of Income Tax Act

    Closing of Company

    Start-ups with simple debt structures, or those meeting certain income specified criteria* can be wound up within 90 days of filing an application for insolvency.

    Checklist/Requirements

    The required list of documents to get the Start-Up India Registration is given below

    1. Incorporation/Registration Certificate of your startup
    2. Details of the Directors
    3. Proof of concept like pitch deck/website link/video (in case of a validation/ early traction/scaling stage startup)
    4. Patent and trademark details (Optional)
    5. PAN Number

    Process of Start-Up India Registration

    Step 1: Business Incorporate (PLC/LLP)

    Step 2: Register with Start-up India

    Step 3: Get DPIIT Recognition

    Step 4: Obtain Recognition Number

    Key Deliverables

    1. Start-up India registration certificate (Subject to approval)
    2. Login Credentials

    Start-Up India Registration

    Why Choose Us

      Entrepreneur Friendly

    We make the process so easy and fast that you will not even feel the headache of all the paperwork, and our professionals will provide you all the promised deliverable within a given span of time.

      Experienced Professionals

    All our professionals are qualified and specialized in that particular work. Making sure no mistakes are done at the time of filings with the authorities so that company won’t have to pay any penalties due to mistakes.

      One Stop for All Your Requirements

    We support you throughout the journey of your business, from the incorporation, Accounting and taxation support, Secretarial compliance support, and Legal support.

      Cost-Effective

    We believe that cost plays a vital role in any company’s growth stage, that’s why we do not surprise our clients with hidden charges, you pay what you see in the initial proposal.


    Frequently Asked Questions


    What is Startup India Hub?
    Startup India Hub is a one-stop platform for all stakeholders within Startup ecosystem to interact amongst one another , exchange knowledge and form successful partnerships during a highly dynamic environment.
    Yes, an entity without a PAN can be registered as a Startup. However, it’s advised that a PAN of the entity is provided at the time of registration
    Yes. One Person Companies are eligible to avail benefits under the Startup India initiative.
    Yes, a foreign national can enter into partnership under the LLP Act and get that LLP registered under Start-up India. It can even get recognized by the DIPP.
    The certificate of recognition is issued typically within 2 working days upon successful submission of the appliance.
    Yes, if your startup gets recognized, you would be able to download a system generated verifiable certificate of recognition.