Get a free expert consultation now!
Startup India Registration !
The Startup India campaign is a welcome initiative to boost entrepreneurship in India. It promotes bank financing, simplifies the incorporation process and grants exemptions to startups. But, you need to qualify as an “Eligible Startup” to avail all these benefits.
Our Startup India Registration process is entirely online and it is starting from ₹3,499/-*
Get a free consultation with our experts
Call Us- +91 91102 17536
*Government Statutory fees would be charged seprately
Get an Expert Consultation Now
Meet all your Business Needs in 3 Steps
Buy the Package and get on a call with our experts
Submit the minimum amount of details and documents required
Our experts will take care of the rest and your registration is completed quickly
Startup India Registration Scheme
The Startup India Scheme is an initiative by the government of India aimed at encouraging the development and innovation of products and services and the creation of employment opportunities across the country. One of the goals of the scheme has been simplifying how to register a startup in India by reducing regulatory burdens and allowing them to focus on their core business while keeping compliance costs low and also providing multiple benefits, aside from the massive networking opportunities provided by the bi-annual startup festivals held by the Government of India both domestically and internationally.
Start-up India is a flagship initiative of the Government of India, intended to catalyse start-up culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India.
Benefits of Startup India Scheme
As per the guidelines of DPIIT guidelines, a recognised start-up gets the following benefits:
1. Self-Certification: For Compliance under 9 environmental & labour laws
2.Tax Exemption: Income Tax exemption for a period of 3 consecutive years and exemptions on capital gains & investments above Fair Market Value.
3. Easy winding up of company: Within 90 days under insolvency & Bankruptcy code 2016.
4. Startup Patent Application and IPR protection: Fast track & up to 80% rebate in filing patents.
5. Easier Public Procurement Norms: Exemption on EMD and minimum requirements. Get listed as a seller!
6. SIDBI Fund of Funds: Funds for investment into startups through Alternate Investment Funds.
Eligibility for Startup India Registration
To be eligible under this scheme, a start-up must be incorporated as a Private Limited Company under Indian Companies Act, 2013, a Limited Liability Partnership (LLP) under Indian Limited Liability Partnership Act, 2008 or a partnership firm under the Indian Partnership Act, 1932.
As per the Start-up India Action plan, the followings conditions must be fulfilled to be eligible as Start-up:
Being incorporated or registered in India up to 10 years from its date of incorporation.
Is a private limited company or registered as a partnership firm or a limited liability partnership.
Has an annual turnover not exceeding Rs. 100 crores for any of the financial years since incorporation/registration.
Is working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation.
Note - It is important to note that an entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Start-up’. Also, an entity will not be called a start-up after:
Completion of ten years from the date of its incorporation/registration, or
Achieving turnover in any previous year more than Rs. 100 crores.
Documents required for Startup India Registration
Certificate of Incorporation as Private Limited Company Or
Certificate of Incorporation as LLP Or
Certificate of Registration as a Partnership
Permanent Account Number (PAN)
MSME Registration Number
Details of Directors / Partners
Profile of Promoters
A detailed write up on the Start-Up
Our Startup India Registration Process
1. Register the business as a Private Limited Company / Limited Liability Partnership / Partnership Firm if not already registered
2. Obtain PAN for the Business if not available
3. Obtain MSME Registration for the Business
4. Our experts will help you in making a brief writeup on the following:
a. What is the problem the startup is solving?
b. How does the startup propose to solve this problem?
c. What is the uniqueness of the solution by the startup?
d. How does the startup generate revenue?
e. Details of any awards/recognition received by the startup
5. We will then file your application at www.startupindia.gov.in
6. We will the be submitting supporting documents such as Certificate of Incorporation / Registration
Start-Up India Hub will review the application and if the application fulfils the Start-up India guidelines and conditions, will grant recognition as a Startup and will issue the Certificate of Recognition.
Frequently asked questions
What is the legal definition of a startup in India?
A startup defined as an entity that is headquartered in India, which was opened less than 10 years ago and has an annual turnover of less than ₹100 crores (US$14 million).
How much time is needed for setting up a private limited company in India?
If you have all the documents in order, our experts at RegisterKaro will process your applications immediately to MCA. It usually takes 10-15 days after submission to get the approval.
What is the eligibility of designated partners/partners in an LLP?
Any individual, or even a company or an LLP, can become a partner. However, only an individual can become a ‘designated partner’ in an LLP.
What kind of start-ups commonly register LLPs?
Typically, only start-ups that will not be looking for venture capital funding register LLPs. This is because venture capitalists only invest in private and public limited companies
Is it cheaper to run an LLP than a private limited company?
Yes, it is much cheaper to run an LLP than a private limited company. This is because many compliances, such as an audit, apply to LLPs only after their turnover is sizable. Most LLPs spend about half as much as a private limited company in their first year on registrations and compliance work.
Hear what our customers
have to say
There was hesitation at first about registering my company online, but Alok(my business expert) handled all my queries on priority. Highly recommend them to all my fellow entrepreneurs
— Ankit Jain