With Startup India Registration Starting a new venture in India can be an exciting yet intricate journey. With its dynamic entrepreneurial landscape, India presents numerous opportunities for innovation and business expansion.
Startup India registration is defined as registration under a government scheme for promotion and innovation in entrepreneurship within the umbrella of this program. It offers various tax concessions, easy access to funding, less restrictive regulations, and even mentorship for those who are qualified as a startup. Hence, a thriving startup ecosystem should become an instrument to catalyze the economy’s growth effects as well as job creation. A startup that is duly registered can access a support ecosystem that makes it possible for the startup to succeed and grow.
Initial Step to Start a Company in India and Build it into a Startup is the Strategic Government Incentives. First, it is necessary to register the business as a Private Limited Company, Limited Liability Partnership (LLP), or Partnership Firm. After registration get yourself updated on the Startup India website under Government Registration.
Here, you are going to input the details of the organization, key staff, and the innovative novelty and its innovativeness in the register. A company is generally said to be a startup if it is less than 10 years old, earning less than about $ 12 million USD (100 crore INR) a year and engaged in creating products, services, or technologies that are either new or improvements to already existing ones.
1.Go through the Eligibility Criteria
Check the age of the company.
Check the profit details of the firm.
And the firm has to be involved in R&D or any such activity promoted by the eligible authorities.
2.Fulfill Your Procedure
Get ready with the following documents. These will be essential for the applicant:
The proof of an individual as an Identification card is PAN card or Aadhaar card etc.
The proof of being present at location shall be supported with an electricity bill of the business premise.
Incorporation papers of the company that show the incorporation of the company.
In the case of the Self Certification Scheme, such other compliance documents are required to be submitted by the company.
3.Fill up Application Form Online
When you get started as a registered user, enter account data via the Portal of Startup India website.
Fill the application form with required information about the start-up. This information should be true and accurate.
Attach legal documents from step 2 to the application.
4.Approval and Submission
After filling it out, the application needs to be submitted to the concerned authorities.
More information may be requested so that the assessing authority may make an objective assessment. If that is the case, answer any queries, and try to assist as best as you can.
Upon successful processing of the application, the company would be provided with a certificate acknowledging the liabilities of the company as a startup under the program of Start Up India. Way to go!
Highly Expert Contribution: They know laws, and their legal side of Startup India and so the registration comes in with no ado of words.
We get everything done: From the first validation of eligibility to the last nod, this is what we do for you, all so you can focus on your onset.
Quick Approvals: We always know how to make things faster and then decide on how to finish things promptly for you to get your DPIIT acknowledge permit in no time.
Laying an Exclusive RED-CARPET for VCs: Their investments come in a thrilling mood for your enterprise post getting a Certification according to Start up India. We Boost You to Make your own Valley.
Free Auditing: Simple-to-afford registration services, obscured charging’s are also clear.
Beyond registration services-Get assistance in avert trademark problems, abide by laws, file GST, and manage a profitable company.
Startup India Registration is an action for the support of new businesses in India, to deal with dealers, and at least to give free hands to personal initiatives by the Government. Such businesses seeking relief from Startup India and DPIIT (Department for Promotion of Industry and Internal Trade) can register themselves. At Diligence Certification, we enable such businesses to obtain DPIIT recognition under the Startup India scheme.
Business ventures authorised by Startup India Ordinance have the following advantages:
To avail the benefits of Startup India Promotion, the following conditions should be fulfilled in the case of the venture:
The papers to be furnished are as follows:
All groups benefit from these Diligence Certifications, as it is possible to get DPIIT recognition anywhere between 7 to 14 working days, all depending on the application as well as the approval process at various levels in the government.
DPIIT (Department for Promotion of Industry and Internal Trade) certification has several advantages that make it so important, like tax benefits, even simpler compliance, and government funding advantages.
Here are a few ways that DPIIT recognition helps startups: -
No, only business entities can get Startup India registration-a Private Limited Company, LLP, or Partnership Firm is what would be eligible.
Costs including document preparation and professional fees are involved and vary with the different Startup India registrations. Diligence Certification offers not only the best quality but also the most affordable and transparent pricing along with a full-service component, starting from assistance in filing the application until it is finally approved.
Just because a company is identified as a startup in terms of Startup India recognition, it does not mean that external funding for funding would come, but what it does most is enhance credibility and facilitate potential open channels with different government schemes and venture capital networks.
We provide the following:
The Diligence Certifications was created with the primary objective of providing compliance services in India and globally, by assisting in the implementation of business to ensure compliance requirements – all requirements in one place.
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