Startup India Registration:

Startup Registration

Startup India Scheme was launched in the year 2016 by the Government of India for the development of the E-Commerce Industry. Startup India Registration comes under the DPIIT i.e, Department for Promotion of Industry and Internal Trade. Startup India Registration is one of the processes of incorporating multiple entities such as Private Limited Company, Limited Liability Partnership, Partnership firm, or even One Person Company (which are legally registered).

Documents Required for Startup India Registration

To apply for Startup India Registration, certain documents are required and they are as follow:

PAN Card of Company/Firm

Authorization letter

Certificate of Incorporation/LLP Certificate/Partnership Deed

Company’s Logo

Company Website

PAN Card and Aadhaar of all Directors/Partners

Mail Id & Mobile No. of all Directors/ Partners

Organization Based DSC

Benefits of Startup India Registration

Registering for Startup India can offer numerous benefits to the organisation. Following is the list of benefits of Startup India Registration:

• 1. Opening for Government Tenders: After Registering for Startup India Scheme, entities can open the doors for Government Tenders easily. They are exempted from the prior experience or turnover criteria applicable for regular companies answering Government Tenders.
• 2. Funds Raising Opportunities: Startups can get up to ₹10,000 crore of funds depending on their venture capital. These are provided to startups by the Indian Government in order to promote startups.
• 3. Certain Tax Exemptions: Startups can enjoy 3 tax free years by getting certified by the Inter-Ministerial Board (IMB).
• 4. Access to Startup India Logo: After Registering under Startup India Scheme, entities can use the Startup India Logo which helps them to grow their business.
• 5. Trademark Rebate: Startup can get a 50% rebate on Trademark filing and must pay 80% for Patent filing under the Startup India Registration scheme.
• 6. Easy Windup Process: The Process of Startup windup does not require much details and can be easily windup with some simple steps. It does not require much effort just like a company.

Who is eligible for Startup India Registration

In order to register for Startup India, there are some eligibility criteria individuals need to follow. Following is the detailed table for the eligibility criteria:

S. No.	Eligibility for Startup India Registration
1	For Startup India Registration, only entities registered as Private Limited Company, Limited Liability Partnership or Partnership firm can apply.
2	Companies with more than ₹100 crore of Turnover Annually are not eligible for Startup India Registration.
3	Companies should not be older than 10 years from the Date of Incorporation.
4	Entity must work for the development or improvement of the process, service or product.

Startup India Registration Procedure

To Register under Startup India Scheme, entities must follow a certain procedure. Following are the steps on How entities can register themselves under Startup India Scheme

Step 01: Incorporate Your Business Entity: To register under Startup India Scheme, individuals must be registered as an entity. It can be registered as a Private Limited Company, Limited Liability Partnership or Partnership Firm.

Step 02: Startup India Registration: Next, you need to fill the registration form for Startup Registration. This Startup India Registration form can be easily found on the official website of DPIIT.

Step 03: Upload Document: After filing the details in the form, entities required to upload all the required documents.

Step 04: Tax Exemption: Before submitting the application entities must keep in mind to get the tax exemption, they need to apply during the registration process else they will not be allowed for tax exemption later. Under Section 80 IAC of the Income Tax Act, the tax exemption is allowed.

Step 05: Get your Recognition Number: Once you submit the application, DPIIT will verify all the details and on successful verification, you’ll get the Startup Recognition Number.

Why Choose RegisterAdda?

RegisterAdda is one of the most reliable and trusted companies for Startup India Registration. We have a team of experienced professionals who have successfully completed 1000+ Startup Registration. Our team assures the process of your Startup India Registration will go smoothly. We assist you throughout the registration process. Start your Startup India Registration Now!

Frequently Asked Questions (FAQs)

1. Who is eligible for Start-up India Registration?

For Start-up India Certificate, a person must be an Indian and aged 18 or above can apply for the scheme. The company should be original which means that the company should have their ideas and innovation and should not copy any existing business.

2. Can a sole proprietorship be registered under Startup India?

No, sole proprietorships are not eligible for recognition under Startup India. Only private limited companies, LLPs, and partnership firms are eligible.

3. What are the various documents required for Startup India Registration?

Various Documents such as PAN Card, Aadhaar Card, Company’s Logo & Website, Certificate of Incorporation, Authorization Letter, Contact Details, etc, are the various documents required for Startup India Registration.

4. Which entities can register themselves as Startup India Registration?

Any Private Limited Company, Limited Liability Partnership (LLP), Partnership, or One Person Company (only registered OPC) can register themselves as Startup India Registration.

5. What are the benefits of Startup Registration?

There are various benefits offered by Startup Registration in India and they include easy process, reduction in patent cost, easy fund access, no tax for 3 years, tender & investment opportunities, easy windup, etc.

6. Do Startups have to charge GST?

Depending on whether the Startup is registered under GST or not, they will charge an appropriate rate of GST.

7. What is the turnover limit for Startup Registration?

The Turnover Limit for Startup Registration either a Private Limited Company, LLP or Partnership should not exceed ₹100 crore.