Start Up India Registration
(Price Start at $ 91 /-)
Any company which has been originally registered, i.e., not a result of any demerger, subsidiary or substantial stake of any existing body corporate, to carry out any financially viable business which generates employment opportunity along with value addition to any current process or business.
Eligibility for Registration
- The Company shall not be in existence for more than 10 years;
- Entity should be a Private Limited Company, Registered Partnership Firm or a Limited Liability Partnership (LLP)
- Turnover shall not exceed INR 100 Crores in any of the financial year(s) since its incorporation.
Benefits of Start Up India Registration
- 50% fee reduction in statutory filing of IPR applications under the name of the recognized start up.
- No Earnest Money Deposit (EMD), while applying to the government tenders, for a recognized start up.
- Can apply for angel tax exemption under section 56 of the Income tax Act, 1961.
- Eligibility for getting tax exemption under Section 80IAC of the Income tax Act, 1961.
- Chance to enter into the network of start-ups, incubators, seed funds, venture capitalists, etc.
Documentation for Start Up India Recognition
- Certificate of Incorporation, Memorandum & Articles of Association;
- Copy of KYC of all the Directors & Authorized Signatory along with their email id and mobile numbers.
- Brief Profile of the business proposed to be undertaken
- PAN, TAN of the Company & GST, if any.
- Details of any Intellectual Property (IP) held by the Company
- Certificate of registration along with LLP deed
- Copy of KYC of all the Designated Partners & Authorized Signatory along with their email id and mobile numbers.
- Brief Profile of the business proposed to be undertaken
- PAN, TAN of the Firm & GST, if any.
- Details of any Intellectual Property (IP) held by the Company
A) Private Limited Company
B) Limited Liability Partnership (LLP)
Myths about Start Up India Registration/Recognition
Start Up India Registration or rather we say DPIIT Recognition, is an acknowledgement of an organization under the Start Up India Scheme, which in any means or by any way allow you to tax exemptions. There is a separate process and application for obtaining the tax exemptions from the authorities and it is solely on their discretion whether to grant or not.
Angel Tax Exemption for Recognized Start-Ups: Section 56 of the Income Tax Act, 1961
A recognized start up can apply for Angel Tax exemption under section 56 of the Income Tax Act, 1961, if he fulfills the below criteria:
- Aggregate amount of paid-up share capital and share premium of the Startup after the proposed issue of share, if any, does not exceed INR 25 Crore.
There are certain exemptions and methods for calculation of the criteria of INR 25 crore, in which our professionals can help you.
Eligibility Criteria for applying to Income Tax exemption (80IAC)
- Only private limited companies and limited liability partnerships are allowed to apply for tax exemptions.
- Recognized start up should be incorporated after 01/04/2016.
Documents required for applying tax-exemption under section 80-IAC
- Authorization Through Board Resolution for applying to the authorities for tax exemptions.
- Financials of at least one year along with copy of Income Tax return
- Pitch deck completed in all aspects.
- Start Up Video link on youtube or any other social media platforms, explaining its business
- Details of Angel investment received, if any.
Most common question about our services
What is the procedure for Startup Company Registration in India?
To register a startup company in India, follow these steps:
Step 1: Obtain a Digital Signature Certificate (DSC) for the directors.
Step 2: Apply for a Director Identification Number (DIN).
Step 3: Reserve the unique name of your startup with the Ministry of Corporate Affairs (MCA).
Step 4: Submit the incorporation documents, such as the Memorandum of Association (MoA) and Articles of Association (AoA), on the MCA portal.
Step 5: Obtain the Certificate of Incorporation (COI).
Step 6: Register for Startup India recognition and other applicable registrations (e.g., GST, PAN, TAN).
What documents are required for the procedure for Startup Company Registration?
The key documents required for Startup Company Registration include:
Identity and address proof of the directors and shareholders (PAN card, Aadhar card, passport, etc.).
Proof of registered office address (rent agreement or utility bill).
Digital Signature Certificate (DSC) for directors.
Memorandum of Association (MoA) and Articles of Association (AoA).
Startup India Recognition Certificate (if applying for benefits under the Startup India scheme).
How long does the procedure for Startup Company Registration take?
The procedure for Startup Company Registration in India typically takes about 10-15 working days, provided all documents are in order. However, the timeline may vary based on factors such as the availability of unique company names, the processing time by the Ministry of Corporate Affairs (MCA), and the fulfillment of other legal compliances.
What are the benefits of completing the procedure for Startup Company Registration under the Startup India scheme?
Registering a startup under the Startup India scheme provides several benefits, including:
- Tax exemptions for three consecutive years under Section 80 IAC.
- Access to various government grants and funding opportunities.
- Simplified compliance procedures and fast-tracked patent application processing.
- Eligibility for government tenders and easier public procurement norms.
What is the process for Startup Company Registration in India?
This question helps visitors understand the step-by-step procedure to register a startup company in India. It can cover essential details like eligibility criteria, required documents, and the registration process.
What are the benefits of Startup India Registration for a new company?
Highlight the benefits of registering a startup under the Startup India initiative, such as tax exemptions, easier access to funding, government schemes, and other incentives that attract entrepreneurs.
Our Registration Services
- Start Up India Registration
- Angel Tax Excemption (Section 56, IT Act)
- Start-up tax excemption (Sec 80-IAC)
- Legal Entity Identifier Registration
- MSME/UDHYOG Aadhar Registration
- IEC Registration
- ESI&PF Registration
- ISO Registration (Non-Audit)
- ISBN Registration
- GST Registration
- ESI and PF Registration
- Start Up India Registration
- ISBN Registration
- Angel Tax Exemption
- Startup Tax Exemption
- Import Export Code (IEC) Registration
- FSSAI License Registration
- ISP & OSP License
- Digital Signature (DSC) Registration
- ISO registration in india
- LEI Registration
- Embassy Attestation
- MSME/UDHYOG Aadhar Registration
- FIU-IND Registration
- Labour Law Compliance in India
- Trademark Enforcement
- Trademark Objection
- Trademark Registration in India
- Trademark Hearing
- Trademark Assignment
- Trademark Litigation
- Gambling Licenses in India
- Online Gaming License Registration in India
- Copyright Searches
- Copyright registration
- Copyright Enforcement
- Design Enforcement
- Design Registration Process in India
- Design Objection