{"id":508,"date":"2022-12-05T07:20:01","date_gmt":"2022-12-05T07:20:01","guid":{"rendered":"https:\/\/blog.legaltax.in\/?p=508"},"modified":"2022-12-05T07:20:01","modified_gmt":"2022-12-05T07:20:01","slug":"process-of-startup-india-registration","status":"publish","type":"post","link":"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/","title":{"rendered":"Process of Startup India Registration: A Step-by-Step Guide"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Process_of_Startup_India_Registration_in_India\" title=\"Process of Startup India Registration in India\">Process of Startup India Registration in India<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Startup_India_Registration_You_need_to_know_What_Is_a_Startup\" title=\"Startup India Registration You need to know What Is a Startup?\">Startup India Registration You need to know What Is a Startup?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Age_of_the_company\" title=\"Age of the company\">Age of the company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Company_Type\" title=\"Company Type\">Company Type<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Turnover_Limit\" title=\"Turnover Limit\">Turnover Limit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#New_business_unit\" title=\"New business unit\">New business unit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Innovation_Friendly\" title=\"Innovation Friendly\">Innovation Friendly<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#DIPP_Certificate\" title=\"DIPP Certificate\">DIPP Certificate<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#What_are_the_Benefits_of_DPIIT\" title=\"What are the Benefits of DPIIT\">What are the Benefits of DPIIT<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#What_are_the_Benefits_of_Startup_India_Registration\" title=\"What are the Benefits of Startup India Registration?\">What are the Benefits of Startup India Registration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Documents_required_For_Startup_India_Registration\" title=\"Documents required For Startup India Registration\">Documents required For Startup India Registration<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Eligibility_For_Startup_India_Registration\" title=\"Eligibility For Startup India Registration\">Eligibility For Startup India Registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Process_of_Startup_India_Registration\" title=\"Process of Startup India Registration\">Process of Startup India Registration<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#What_is_the_primary_objective_of_the_Startup_India_scheme\" title=\"What is the primary objective of the Startup India scheme?\">What is the primary objective of the Startup India scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#What_are_the_benefits_of_DPIIT\" title=\"What are the benefits of DPIIT?\">What are the benefits of DPIIT?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#What_are_the_steps_to_be_followed_to_register_a_startup_under_the_Startup_India_scheme\" title=\"What are the steps to be followed to register a startup under the Startup India scheme?\">What are the steps to be followed to register a startup under the Startup India scheme?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Who_can_register_with_Startup_India\" title=\"Who can register with Startup India?\">Who can register with Startup India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#What_type_of_business_structure_should_I_choose_for_my_startup\" title=\"What type of business structure should I choose for my startup?\">What type of business structure should I choose for my startup?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#What_is_the_difference_between_an_accelerator_and_an_incubator\" title=\"What is the difference between an accelerator and an incubator?\">What is the difference between an accelerator and an incubator?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#How_long_is_a_company_recognized_as_a_startup\" title=\"How long is a company recognized as a startup?\">How long is a company recognized as a startup?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#How_do_I_know_that_my_registration_is_complete\" title=\"How do I know that my registration is complete?\">How do I know that my registration is complete?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Can_an_existing_entity_register_itself_as_a_startup\" title=\"Can an existing entity register itself as a startup?\">Can an existing entity register itself as a startup?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Why_do_investors_invest_in_startups\" title=\"Why do investors invest in startups?\">Why do investors invest in startups?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Do_I_need_to_print_an_application_form_and_submit_a_physical_copy_to_complete_the_process_of_startup_registration\" title=\"Do I need to print an application form and submit a physical copy to complete the process of startup registration?\">Do I need to print an application form and submit a physical copy to complete the process of startup registration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Once_my_registration_is_successful_can_I_get_a_certificate_for_the_same_If_yes_will_I_be_able_to_download_the_certificate\" title=\"Once my registration is successful, can I get a certificate for the same? If yes, will I be able to download the certificate?\">Once my registration is successful, can I get a certificate for the same? If yes, will I be able to download the certificate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/#Related_Articles\" title=\"Related Articles\">Related Articles<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Process_of_Startup_India_Registration_in_India\"><\/span>Process of Startup India Registration in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Government of India launched the <strong><a href=\"https:\/\/pib.gov.in\/newsite\/PrintRelease.aspx?relid=147661#:~:text=Startup%20India%20is%20a%20flagship,generate%20large%20scale%20employment%20opportunities.\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/pib.gov.in\/newsite\/PrintRelease.aspx?relid=147661#:~:text=Startup%20India%20is%20a%20flagship,generate%20large%20scale%20employment%20opportunities.\" rel=\"noreferrer noopener nofollow\">Startup India scheme in 2016<\/a><\/strong>. The primary objective of this scheme is to promote the growth of start-ups in India. Under this scheme, the government has taken several important steps to build a strong startup ecosystem and make India a job seeker country instead of a job seeker. The <strong><a href=\"https:\/\/dpiit.gov.in\/\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/dpiit.gov.in\/\" rel=\"noreferrer noopener nofollow\">Department of Industrial Policy and Promotion<\/a><\/strong> (<strong>DPIIT<\/strong>) manages the programs under the <strong><a href=\"https:\/\/www.startupindia.gov.in\/content\/sih\/en\/startup-scheme.html\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.startupindia.gov.in\/content\/sih\/en\/startup-scheme.html\" rel=\"noreferrer noopener nofollow\">Startup India scheme<\/a><\/strong>.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/legaltax.in\/startup-registration.php\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/legaltax.in\/startup-registration.php\" rel=\"noreferrer noopener\">Startup India registration<\/a><\/strong> process has widened the scope of development by creating employment opportunities in the Indian economy.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1001\" height=\"501\" src=\"https:\/\/legaltax.in\/blog\/wp-content\/uploads\/2023\/02\/image-25.png\" alt=\"startup registration\" class=\"wp-image-2491\"\/><\/figure>\n\n\n\n<p>A startup is a recently established business, usually small, that is started by a single or a group of people. What sets it apart from other new organizations is that a startup provides another item or service that is not being offered similarly anywhere else. The aim is innovation development.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Startup_India_Registration_You_need_to_know_What_Is_a_Startup\"><\/span><strong>Startup India Registration You need to know What Is a Startup?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A startup is a recently established business, usually small, that is started by a single or a group of people. What sets it apart from other new organizations is that a startup provides another item or service that is not being offered similarly anywhere else. The aim is innovation development.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"740\" height=\"494\" src=\"https:\/\/legaltax.in\/blog\/wp-content\/uploads\/2023\/02\/image-27.png\" alt=\"startup India registration\" class=\"wp-image-2506\"\/><\/figure>\n\n\n\n<p>Any company having the following facilities comes under the category of Startup and is also eligible to avail of the benefits of <a href=\"https:\/\/dpiit.gov.in\/\"><strong>DPIIT<\/strong><\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Age_of_the_company\"><\/span><strong>Age of the company<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The date of incorporation of the company should not exceed 10 years.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_Type\"><\/span><strong>Company Type<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Either your company is a <strong><a href=\"https:\/\/legaltax.in\/company-incorporation.php\" data-type=\"URL\" data-id=\"https:\/\/legaltax.in\/company-incorporation.php\" target=\"_blank\" rel=\"noreferrer noopener\">Private Limited Company<\/a><\/strong> under the Companies Act, 2013 or registered as a Partnership Firm under the Indian Partnership Act, 1932, or as a Limited Liability <strong><a href=\"https:\/\/legaltax.in\/partnership-firm.php\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/legaltax.in\/partnership-firm.php\" rel=\"noreferrer noopener\">Partnership Firm<\/a><\/strong> under the <strong><a href=\"https:\/\/legaltax.in\/llp-registration.php\" data-type=\"URL\" data-id=\"https:\/\/legaltax.in\/llp-registration.php\" target=\"_blank\" rel=\"noreferrer noopener\">Limited Liability Partnership<\/a><\/strong> Act, 2008.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Turnover_Limit\"><\/span><strong>Turnover Limit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The company should have an annual turnover that should not exceed <strong>Rs.100 crores <\/strong>for any financial year since its incorporation.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"New_business_unit\"><\/span><strong>New business unit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The business should be new and should not be a result of a split or reorganization of an already existing business.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Innovation_Friendly\"><\/span><strong>Innovation Friendly<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Startups should work towards innovating or developing new products or services or improving an existing ones. The business model should be of immense potential for the purpose of wealth creation and job creation.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"DIPP_Certificate\"><\/span>DIPP Certificate<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>It is invariably necessary to obtain a certificate from the Inter-Ministerial Board; The board has been established by <strong>DIPP (Department of Industrial Policy and Promotion)<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Benefits_of_DPIIT\"><\/span><strong>What are the Benefits of DPIIT<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/M4cVA_NV5Y7HLAF4Vb4vWNmW_VNppvJyT9D2DUzPAbEb65dNJBaNh7EL0d6Zfd24VbN3CuHCZdDbCQdFrv8yakAGIptyOyd21Gl7pT0byhlhXMSngeLUuRvLdwY1gNxFzbuTmG4uERYUz2eaeLSAfP4C3xHxlPhMdG0Gz5kdiTlx_DXC7-RTp3Nmnw\" alt=\"Startup India Registration\"\/><\/figure>\n\n\n\n<p>After creating a profile on the website for Startup India, the next step is to get accreditation from the Department for Promotion of Industry and Internal Trade (DPIIT). This accreditation helps startups to gain benefits which include access to high-quality intellectual property services and other resources, easy winding up of the company, the benefit of self-certification under environmental and labor laws, reduction in public procurement norms, and funds up to Rs. Access is included. Fund, tax exemption for three consecutive years, and tax exemption on investments above fair market value.<\/p>\n\n\n\n<p>DPIIT-registered companies can avail of the following benefits provided under the Startup India Registration Scheme:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Simplification and Handholding<\/strong><\/li>\n<\/ul>\n\n\n\n<p>With much easier compliance and exit procedures for failed start-ups, legal aid has also become viable and accessible.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>grants and incentives<\/strong><\/li>\n<\/ul>\n\n\n\n<p>An exemption is provided on income tax and capital gains tax, apart from raising funds to infuse more capital in startups.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Incubation and Industry-Academia Partnership<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Developing a number of incubators and innovative laboratories, events, competitions, and grants.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Benefits_of_Startup_India_Registration\"><\/span><strong>What are the Benefits of Startup India Registration?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The various benefits of getting registration for Startup India are mentioned below:<\/p>\n\n\n\n<p>The Government of India provides many benefits to start-ups working under the umbrella of the Startup India program. The list of benefits provided under the Startup India Registration Scheme is written below:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Tax benefit<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Startups operating under the Start-Up India Registration Scheme can avail of the exemption for up to three years. Income tax exemption benefits are available under section 80IAC and section 56 for angel tax relief.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>tender participation<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Government and PSUs give discounts for startups in various tenders. They are allowed to participate in public procurement work through tenders. Other benefits include relaxation in criteria for previous experience, EMD, or turnover.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Government grant opportunity<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Through the Alternative Investment Fund, the government has allocated Rs 10,000 crore for investment in startups. This fund is managed by SIDBI. All startups are eligible to apply under this quota.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Participate in various government schemes<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Various government schemes are released day by day by the government to motivate startups to participate. For example raw material assistance, permanent finance scheme, bank loan facility, etc.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Start-ups to participate in grand challenges<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Reputable companies motivate startup entrepreneurs and encourage them to participate in delivering business solutions. This gives startup entrepreneurs an opportunity to participate in the scheme and earn more money. Recently, these reputed companies like <strong><a href=\"https:\/\/www.whatsapp.com\/\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.whatsapp.com\/\" rel=\"noreferrer noopener nofollow\">WhatsApp<\/a><\/strong>, <strong><a href=\"https:\/\/www.adityabirla.com\/\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.adityabirla.com\/\" rel=\"noreferrer noopener nofollow\">Aditya Birla<\/a><\/strong>, <strong><a href=\"https:\/\/www.mahindra.com\/\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.mahindra.com\/\" rel=\"noreferrer noopener nofollow\">Mahindra<\/a><\/strong>, and many others have joined start-up enterprises to organize financial assistance schemes.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Easy winding up<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The process of winding up of company becomes easy and it takes <strong>90 days<\/strong> to wind up under the insolvency &amp; bankruptcy code 2016<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Connect Networks&nbsp;<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The advantage of a startup is that it helps companies to network and seek larger connections. These startup companies search for various big companies and join them for the purpose of getting mentorship. Relationships with investors and industries are really beneficial for startup ventures.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Self &#8211; Certification<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Startups take advantage of self-certification of compliance with various labor laws and nine environmental laws.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Patent exemption<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Startups operating under the Startup India Registration Scheme will get a discount of 80% at the time of filing the patent application.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Exemption in the filing of a trademark<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The government assures a 50% discount on trademark filing to the start-ups working under this scheme.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>business opportunities<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Startup India is a platform that gives many opportunities, recognition, and support to all the start-ups who are working hard to carve a niche for themselves.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/blog.legaltax.in\/wp-content\/uploads\/2023\/02\/image-26-712x1024.png\" alt=\"benefits of startup India registration\" class=\"wp-image-2503\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_required_For_Startup_India_Registration\"><\/span><strong>Documents required For Startup India Registration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Registration certificate<\/li>\n\n\n\n<li>You are required to upload the Certificate of Incorporation of your Company\/LLP (Registration Certificate in case of Partnership)<\/li>\n\n\n\n<li>Email ID and mobile number with contact details<\/li>\n\n\n\n<li>Details of the company which will include industry, the scope of work, category of dealing, registered office address, etc.<\/li>\n\n\n\n<li>Proof of concepts like pitch deck, video, and website link in terms of initial traction and verification.<\/li>\n\n\n\n<li>Details about the directors or partners associated with the company including their name, photo ID, gender, contact number, email id, and address)<\/li>\n\n\n\n<li>Details of authorized representatives (name, contact details, designation, email id)<\/li>\n\n\n\n<li>Revenue model and product exclusivity.<\/li>\n\n\n\n<li>PAN details<\/li>\n\n\n\n<li><strong>A Brief Description of Business<\/strong> &#8211; Provide a quick description of the innovative nature of your business.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Eligibility_For_Startup_India_Registration\"><\/span><strong>Eligibility For Startup India Registration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The organization to be created must be a private limited organization or a limited liability partnership.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The enterprise has not completed a period of ten years from the date of incorporation or from the date of registration.<\/li>\n\n\n\n<li>The annual turnover of the enterprise did not exceed 100 crores for any financial year since its incorporation.<\/li>\n\n\n\n<li>The enterprise must work towards the development, innovation, or improvement of services or processes with the aim of generating employment or generating wealth.<\/li>\n\n\n\n<li>The most important eligibility condition is that the startup venture should not be formed by reconstruction or divestment of any already existing business.<\/li>\n\n\n\n<li>The companies should have got approval from the Department of Industrial Policy and Promotion (DIPP).<\/li>\n\n\n\n<li>To get approval from DIPP, the firm should be backed by an incubation fund, angel fund, or private equity fund.<\/li>\n\n\n\n<li>The company should have got a backing guarantee from the Indian Patent and Trademark Office.<\/li>\n\n\n\n<li>It should contain an offer letter by incubation.<\/li>\n\n\n\n<li>Capital growth is kept out of income tax under the Startup India scheme.<\/li>\n\n\n\n<li>The firm should offer innovative ideas, products, or services.<\/li>\n\n\n\n<li>Angel Funds, Incubation Funds, Accelerators, Private Equity Funds, and Angel Networks must be registered under SEBI (Securities and Exchange Board of India).<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Process_of_Startup_India_Registration\"><\/span><strong>Process of Startup India Registration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>To register under the Startup India scheme a business needs to cover the steps mentioned below.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>business incorporation stage<\/strong><\/li>\n<\/ul>\n\n\n\n<p>This progression is for organizations that are neither incorporated nor registered as proprietors of a business organization.<\/p>\n\n\n\n<p>It is mandatory to register as a Private Limited Company or Limited Liability Partnership or Registered Partnership Firm.<\/p>\n\n\n\n<p>However, no additional registration steps are required under the Startup India program while incorporating any of the business forms mentioned above.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Start Startup India Registration Process<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The Startup India Registration process is available online. The applicant can carry out the process of registration by visiting the website of the Startup India Scheme.<\/p>\n\n\n\n<p>1. Startups are required to register their company in the \u201cShram Suvidha Portal\u201d, a portal owned by the Ministry of Labor and Employment.<\/p>\n\n\n\n<p>2. Register on Shram Suvidha Portal and then log in.<\/p>\n\n\n\n<p>3. Once you are logged in, &#8220;Are any of your establishments a startup?&#8221; Click the link.<\/p>\n\n\n\n<p>4. Follow the instructions to get registered.<\/p>\n\n\n\n<p>Also, it is mandatory for startups to fill up forms related to business operations and future goals.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Get DPIIT Accredited<\/strong><\/li>\n<\/ul>\n\n\n\n<p>After creating a profile on the Startup India website, the enterprise is required to get accreditation from DPIIT. This recognition is helpful for enterprises to avail benefits like access to standard quality intellectual property services etc.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Recognition Application &#8211;<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The next step will be to fill out the startup recognition form and click on submit.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Submit documents for registration.<\/strong><\/li>\n\n\n\n<li><strong>Other details about the startup in a nutshell<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Startups are required to submit a brief description of the activities in which their business is involved, i.e. product\/service or both. They must provide information that proves their business is innovative.<\/p>\n\n\n\n<p>Make sure your business is comprehensively and innovatively involved in solving a problem or working to improve an existing service or product.<\/p>\n\n\n\n<p>To promote and support the startup ecosystem in India, the Government of India has launched the Startup India program. The registration process of Startup India is also easy and rational.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_primary_objective_of_the_Startup_India_scheme\"><\/span><strong>What is the primary objective of the Startup India scheme?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The primary objective of the Startup India scheme is to promote the growth of start-ups in India. Under this scheme, the government has taken several important steps to build a strong startup ecosystem and make India a job seeker country instead of a job seeker.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_benefits_of_DPIIT\"><\/span><strong>What are the benefits of DPIIT?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Simplification and Handholding<\/li>\n\n\n\n<li>funding and incentives<\/li>\n\n\n\n<li>Incubation and Industry-Academic Partnerships<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_steps_to_be_followed_to_register_a_startup_under_the_Startup_India_scheme\"><\/span><strong>What are the steps to be followed to register a startup under the Startup India scheme?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Startup India registration process is available online. The applicant can carry out the process of registration by visiting the website of the Startup India Scheme.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Startups are required to register their company in the \u201cShram Suvidha Portal\u201d, a portal owned by the Ministry of Labor and Employment.<\/li>\n\n\n\n<li>Register on Shram Suvidha Portal and then log in.<\/li>\n\n\n\n<li>Once logged in, \u201cAre any of your establishments a startup?\u201d Click the link.<\/li>\n\n\n\n<li>Follow the instructions to register.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_can_register_with_Startup_India\"><\/span><strong>Who can register with Startup India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Private Limited Companies, Partnership Firms,s or any organization registered as Limited Liability Partnerships can register them under Startup India Scheme.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_type_of_business_structure_should_I_choose_for_my_startup\"><\/span><strong>What type of business structure should I choose for my startup?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The most preferred business structures for startups are private limited companies and LLPs. A Private Limited Company is legally recognized and often backed by investors.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_difference_between_an_accelerator_and_an_incubator\"><\/span><strong>What is the difference between an accelerator and an incubator?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Startup incubators are typically organizations that help business people build their businesses, especially those in the underlying stages.<\/p>\n\n\n\n<p>Startup accelerators strengthen start-up and growth-driven organizations.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_long_is_a_company_recognized_as_a_startup\"><\/span><strong>How long is a company recognized as a startup?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Any business organization which has completed 10 years from the date of its registration, and the previous year&#8217;s turnover has crossed 100 crores, will cease to be a startup on completion of 10 years from the date of its registration\/joining.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_do_I_know_that_my_registration_is_complete\"><\/span><strong>How do I know that my registration is complete?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>When the application is terminated, and the startup has received recognition, you will receive a system-generated certificate of recognition. You will have the option to download this testament from the Startup India portal.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Can_an_existing_entity_register_itself_as_a_startup\"><\/span><strong>Can an existing entity register itself as a startup?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Indeed, by law, an existing organization can register itself as a startup, given that it meets the recommended standards for startups. They will also have the option of availing different fees and IPR benefits which are accessible to new companies.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_do_investors_invest_in_startups\"><\/span><strong>Why do investors invest in startups?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Resource investing in a startup is an unsafe recommendation, yet the low capital requirement coupled with high upside potential makes it worthwhile for investors to fund their investments in new companies.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Do_I_need_to_print_an_application_form_and_submit_a_physical_copy_to_complete_the_process_of_startup_registration\"><\/span><strong>Do I need to print an application form and submit a physical copy to complete the process of startup registration?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>No, the application has to be submitted online only.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Once_my_registration_is_successful_can_I_get_a_certificate_for_the_same_If_yes_will_I_be_able_to_download_the_certificate\"><\/span><strong>Once my registration is successful, can I get a certificate for the same? If yes, will I be able to download the certificate?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>Yes, once the registration is successful, it is possible to download the system-generated verifiable certificate of recognition.<\/p>\n\n\n\n<p class=\"has-luminous-vivid-amber-to-luminous-vivid-orange-gradient-background has-background\">For your <a href=\"https:\/\/legaltax.in\/startup-registration.php\"><strong>Startup India Registration<\/strong><\/a> Choose <a href=\"https:\/\/legaltax.in\/\"><strong>LegalTax<\/strong><\/a> Over any other Organizations<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Because of our good services, we have five-star Google reviews.<\/li>\n\n\n\n<li>We have an amazing team of 100+ experts who give their best services.<\/li>\n\n\n\n<li>We are incorporating a large number of companies.<\/li>\n\n\n\n<li>As we give one of the best services across India, there are around 3000+ registrations happening every month.<\/li>\n\n\n\n<li>We have around 10+ years of startup-focused legal expertise.<\/li>\n\n\n\n<li>We also provide the best mobile app facility<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_Articles\"><\/span>Related Articles<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/blog.legaltax.in\/step-by-step-process-for-incorporation-of-company-in-india\/\">Step-by-step process for Incorporation of Company in India<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/blog.legaltax.in\/company-registration-in-delhi\/\">Company Registration in Delhi<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/blog.legaltax.in\/how-to-register-one-person-company\/\">How to register one person company<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/blog.legaltax.in\/documents-required-for-one-person-company\/\">Documents Required for One Person Company<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/blog.legaltax.in\/partnership-firm-registration\/\">All you need to Know About Partnership Firm Registration<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/blog.legaltax.in\/how-to-register-proprietorship-firm-india\/\">How to register proprietorship firm in India?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/blog.legaltax.in\/thing-that-you-should-know-about-section-8-companies\/\">Thing that you should know about section 8 companies<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/blog.legaltax.in\/llp-and-its-tax-implications\/\">Let\u2019s Understand the Concept of LLP and its tax Implications<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Process of Startup India Registration in India The Government of India launched the Startup India scheme in 2016. The primary objective of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-registration"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Process of Startup India Registration: A Step-by-Step Guide -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/legaltax.in\/blog\/process-of-startup-india-registration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Process of Startup India Registration: A Step-by-Step Guide -\" \/>\n<meta property=\"og:description\" content=\"Process of Startup India Registration in India The Government of India launched the Startup India scheme in 2016. 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