Startup India is a flagship initiative of the Government of India, intended to catalyse startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India.
How To Get Startup India Registration?
Startup India Registration – A startup is a newly established, generally small, firm founded by one or more persons. A startup is distinguished from other new businesses in that it offers a unique product or service that is not accessible elsewhere in the same form. The important word here is “innovation.” The company either creates a new effect or redevelops an existing product or service into something better. Startups are becoming increasingly popular in India. The Indian government, led by Prime Minister Narendra Modi, established and supported the Startup India program to recognize and encourage entrepreneurs in order to strengthen the Indian economy and attract creative entrepreneurs. Startup India is an Indian government program that intends to build a strong ecosystem in the country for nurturing innovation and entrepreneurs in order to generate long-term economic growth and provide large-scale job opportunities. Through this effort, the government seeks to empower companies to grow through innovation and design.
Benefits of Startup India Registration
100% Income-tax Exemption for 3 Years
Eligible Startups are free from paying Income-tax for three consecutive fiscal years after incorporation, out of initial ten years.
Access to Funding from ₹10,000 Crore FOF Scheme
More than Rs. 1600 crore have already been invested in 251 startups through the Funds of Funds for Startups Scheme.
Priority in Govt. Tenders &
Exemption from prior work history or turnover and security deposit for tender submission. Option to list startup products on the government's online marketplace to increase market visibility.
Exemption From Angel Tax up to ₹25 Crore funding
According to Section 56 (2) (VIIB) of the Income Tax Act of 1961, investments made by accredited investors, non-residents, AIFs, and closely held publicly traded corporations into qualifying startups may also be excluded.
Compliances Exemption from PF, ESIC, Gratuity etc.
Startups no longer need to worry about labour law inspections. Recognised startups can easily self-manage their PF, ESIC, gratuity, and environmental law compliance by self-declarations.
50% -80% Discount
Fast processing of startup patent applications, an upfront 50% discount on trademark expenses, and an 80% rebate on patent filing costs.
Avail Easy Loan From Foreign Investors (ECB)
Through a straightforward RBI compliance system, recognised startups can obtain loans from non-resident investors (External Commercial Borrowings, or ECBs) of up to $3 million each fiscal year.
Avail State Govt.
Many more loan and rebate incentives have been introduced by various state governments in India.
Private Limited Companies can take deposits
From its members for a period of five years following the date of establishment, according to the companies (Acceptance of Deposits) Rules of 2014.
How it Works?
You can contact us and drop your enquiry through Email, Call or Whatsapp.
Submit Details &
Our team will contact you. They will help you to arrange the needed details. Submit these details.
Make Payment & Get Registration Certificate
Once we have received the details, you will be requested to make the payment. After payment, we will promptly start working and you will get your Startup India Registration.
Why Choose Sharda Associates?
We aim to provide the fastest services and will also help your business registered in few days.
Our prices along with the end to end support are best in the market. We aim for exellence.
One Stop Solution
Alongwith Startup India Registration, we also provide other services acting as one-stop solution for our business partners.
We work with result oriented approach which aims at getting the work done and delivering results.
We are a team of professionals who aim at delivering best services in the market.
Excellent Customer Service
We will guide you through every step which will help you understand the work and progress of your work.
Required Documents For Startup India Registration
1. Certificate of Registration of Company or LLP OR Partnership Registration Certificate
2. Company PAN Card
3. Trademarks, Copyrights, MSME Registration / UDYAM, GST Registration, if available.
4. Website Details OR Company Profile / Pitch Deck – This is mandatory requirement. Don’t worry, if in case you don’t have website or pitch deck, Sharda Associates will help you in creating a basic profile.
5. Brief about the Company’s business and business model – Our team will discuss this with you. Don’t worry about confidentiality. All your data is safe and secured with us.
Eligibility Criteria For Startup India Registration
- The startup should be formed as a limited liability partnership, private limited company, or partnership business.
- In any of the prior fiscal years, turnover should have been less than INR 100 billion.
- Registered for not more than 10 years – The recognition is valid for only 10 years from date of incorporation.
- The startup should be attempting to innovate or enhance current goods, services, and procedures, and it should have the potential to produce money and jobs.