Here’s How it Works
Fill Form : Easily fill the above form to get started.
Make Payment : Our expert will connect with you & advise on documents
Get Certificate : Get your Startup India Recognition certificate
Benefits of Startup India Scheme
Eligibility to apply for 3 years Income Tax exemption
Eligible startups can be immune from paying income tax for 3 successive financial years out of their first ten years since incorporation.
Eligibility to avail funding from Rs. 10,000 crore FOF Scheme
Under Funds of Funds for startup Scheme already more than Rs. 1600 crore is invested in 251 Startups. You may be one of the Startups for the rest Rs. 8,4000 crore corpus.
Priority Govt. tender and Procurement Scheme
Immune from prior experience or turnover and security Deposit for checking and filing tenders Opportunity to list Startup products on Government e-marketplace for market visualness.
No Angel Tax up to Rs. 25 Crore funding
Investment into suitable Startups by Accredited Investors, Non-Residents, AIFs, intently held recorded companies may also be immune under section 56 (2) (VIIB) of Income Tax Act, 1961.
Finally, Labour Inspector Raj
Gone for startups
No more Labour Law Inspection fear for Startups. Recognised Startups can self handle their PF, ESIC, Gratuity and Environmental Law Compliance through simple self-declaration.
50% discount in Trademark & 80% rebate in Patents fees
Fast tracking of startup Patent application, fair 50% decrease on Trademark fees, 80% bonus on Patent filing fees.
Now Loan from Foreign Investors (ECB) is a cakewalk
Accredited startups can avail up to $3 million from non-resident investors (External Commercial Borrowings-ECB) in each financial year through a simplified RBI compliance mechanism.
Private Limited can take deposit from its members
For a period of 5 years from the date of its incorporation under the Companies (Acceptance of Deposits) Rules, 2014
Eligibility for availing State Govt.incentives
Likely state of Maharashtra scheme of GST rebate, many more Loan and Rebate Incentives are announced by distinctive State Governments of India.
Startup India Registration Eligibility
- Private. Ltd.com./LLP/Partnership Firm
- Company is contributing Innovative products or service OR
- Registered for not more than 10 years
- Company is having a businesses model with high potential of employment generation OR
- Turnover does not exceed Rs.100 crore
- Company have a business model with high potential of wealth creation
Documents Requirements for Startup India Registration
- Certificate of Incorporation or Partnership Registration Certificate
- Brief Write up on how the business is working towards: innovation, employment, wealth creation
- Company PAN card
- Website OR Company Profile Deck (Any One)
FAQ
Q.What kind of business structure should I choose for my startup?
The most preferred business structures for a startup are Private Limited companies and LLPs. A Private Limited company is legally recognized and generally favoured by investors. However, it has stricter compliance and may have a higher cost of incorporation.
Whereas incorporation cost is lower for LLPs and they tend to have relaxed compliance in comparison to Pvt. Ltd. Co. In addition to that, LLPs have limited liabilities and are equally recognised by investors and all over the world.
Q.Can a foreign company register under the Startup India hub?
Any entity that has at least one registered office in India can register itself on the hub, since the location preferences, for the time being, are only created for Indian states. However, soon the government hopes to start registrations for stakeholders from the global ecosystem too.
Q.For how long is a company recognised as a startup?
Any business entity that has completed 10 years from the date of its incorporation/registration, and has exceeded the previous years turnover of 100 crores shall stop to be a startup on completion of 10 years from the date of its registration/incorporation.
Q.How do I know my registration is complete?
Once the application is complete, and the startup gets recognised, you will receive a system-generated certificate of recognition. You will be able to download this certificate from the Startup India portal.
Q. Do I need to be physically present to incorporate an LLP?
No. This process is completely online and physical presence is not needed.
