Startup India Registration
What is Startup India Registration?
A startup is ideally a newly established business that is small and started by one or a group of individuals. What differentiates it from other new companies is that a startup offers a new product or even a service that has not been given elsewhere in the same way. Innovation is the key here. The business will either develop a new product or service or redeveloper the current product or service into something better.
Overview of the startup India scheme
There is excellent startup India benefits, and startups are becoming pretty famous in India. To develop the Indian economy and attract talented entrepreneurs, the Government of India, under the leadership of pm Narendra Modi, has started and promoted this initiative to recognize and encourage the different startups across the country.
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Documents required for Registration
- Registration certificate of in the startup
- If funding proof any.
- Authorization letter of the authorized representative of the company LLP or partnership firm
- Proof of concept, including pitch deck or website link.
- Patent and Trademark details
- List of awards or certification
- PAN number.
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The process to Register under the Scheme
For the startup India registration, you need to follow the steps mentioned here.
Incorporate the business
You first need to incorporate the business as a private limited company or a partnership company, or even a limited liability partnership. You need to follow all the procedures for registration of any business, including submitting the registration application of certificate of incorporation of the partnership registration. You can incorporate the private limited company or a limited liability company by filing a registration application to the registrar of the company. You can even establish the partnership company by filing the application for the registration of the company with the registrar of the firms of the area.
Registrar with the startup India
The business should be registered as a startup. The entire process is not only simple but also online. You just need to enter your name, email ID, and mobile number password and click on the register option.
Get the DP IIT Recognition
After creating the profile on the startup India website, you have to avail the department of promotion of industry and internal trade recognition. The recognition helps the startups to avail excellent benefits, including access to the best quality intellectual property services and resources, self-certification under the labor and environment laws, easy winding of the company access to the fund of funds tax exemption for three consecutive years, and tax exemption on the investment above the fair market value
Recognition Application
You need to fill in all the details like the NTT details and full address authorized representative details on the startup recognition form. You need to accept the terms and conditions after entering all sections of the startup recognition form.
Recognition numbered
Once you apply for it, you will get the recognition number for the startup. The certificate of recognition will be issued after the examination of all the documents that you have submitted, which is usually done within two days after submitting the details online. But it would be best if you were careful while submitting the details online.
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