Startup Registration
Unlock your entrepreneurial journey with Startup India Registration, your gateway to growth and innovation. Empowering startups with streamlined processes and expert guidance to navigate regulatory landscapes effortlessly.
- Entity Type: Private Limited Company, LLP, or Registered
Partnership Firm
- Age: Up to 10 years from the date of
incorporation/registration
- Annual Turnover: Not exceeding ₹100 crores in any previous
financial year
- Innovation: Demonstrable innovation, improvement, scalability,
or commercialization of products/processes/services
1. Entity Incorporation/Registration Certificate.
2. Detailed description of the innovative product, process, or
service offered by the startup.
3. Details of promoters/directors/partners with their contact
information, identity proofs, and address proofs.
4. Copies of patents or trademarks registered, if the startup
has any.
5. Memorandum of Association (MOA) Articles of Association (AOA)
of the company. In the case of a partnership firm, a partnership
deed.
1. Ease of Starting a Business: The scheme
simplifies the process of starting a business by reducing red
tape and bureaucratic hurdles. It offers a single-window
clearance mechanism through a mobile app and website.
2. Financial Support: Startups can avail
various financial benefits under the scheme, including tax
exemptions for the first three years and a credit guarantee fund
for easier access to loans.
3. Tax Benefits: Startups are eligible for
income tax exemption for the first three consecutive years of
operation, provided they are recognized by the Inter-Ministerial
Board (IMB).
4.Intellectual Property Rights (IPR)
Protection: Startups can avail benefits such as
fast-tracking of patent applications and reduced fees for
trademark registration to protect their intellectual
property.
5.Funding Support: The scheme encourages
funding support through a dedicated fund of funds with a corpus
of INR 10,000 crore to support startup ventures.
6. Incubation and Mentorship: Startups can
benefit from a network of incubators and accelerators supported
by the government, providing necessary mentorship, guidance, and
infrastructure support.
7.Access to Markets: Startups get access to
government procurement opportunities, which can be a significant
boost for their growth and scaling up.
FAQ on Startup India Scheme Registration
The Startup India scheme is an initiative by the Government of India to promote and support startups in the country by providing various benefits and incentives.
Startups eligible under the scheme are those that are incorporated as private limited companies, registered as partnerships or LLPs (Limited Liability Partnerships), and have been in existence for up to 10 years from the date of incorporation/registration.
Benefits include income tax exemption for the first three years, self-certification compliance with labor and environmental laws, fast-tracking of patent applications, funding support through a fund of funds, and more.
Startups can register themselves on the Startup India portal (www.startupindia.gov.in) and fill out an online form to obtain recognition as a "startup" eligible for benefits under the scheme.
Recognized startups can avail income tax exemption for three consecutive years out of their first ten years since incorporation. This is subject to certain conditions as per the Income Tax Act.
Startups can benefit from the Fund of Funds scheme, which provides funding support through venture capital funds for scaling up their business operations.
Yes, startups can avail benefits such as fast-tracking of patent applications and reduced fees for trademark registration to protect their intellectual property.
Yes, the scheme facilitates access to a network of incubators and accelerators supported by the government, providing mentorship, guidance, and infrastructure support to startups.
Yes, startups can participate in international events, trade fairs, and exhibitions to gain exposure and expand their market reach globally.
Startups can participate in government procurement opportunities through specific schemes and policies that promote procurement from startups.