Startup India Registration
Startup India Registration

Documents Required:

Incorporation Certificate
Proof of Funding
Authorization Letter

Proof of Concept

Patent and Trademark details

PAN

Includes: Registration
Duration: 20 Working Days

Startup India Registration

As a business startup looking to leverage the benefits offered by the Startup India initiative, navigating the registration process can be a daunting task. However, with the assistance of Kanoons, a trusted legal services provider, you can streamline and simplify the registration process to ensure compliance with all regulatory requirements. Our team of experienced legal professionals is dedicated to helping startups like yours successfully register under the Startup India program, enabling you to access a wide range of benefits and support to fuel the growth of your business. With Kanoons by your side, you can rest assured that your startup registration will be handled efficiently and professionally, allowing you to focus on what matters most – building and growing your business.

In addition to assisting with the registration process, Kanoons can also provide valuable legal guidance on other important aspects of running a startup in India. From drafting and reviewing contracts to intellectual property protection and compliance with labor laws, our team of experts can help you navigate the complex legal landscape of starting and operating a business in India.

In conclusion, Kanoons can be a valuable partner for startups looking to register under the Startup India program and navigate the legal complexities of starting and running a business in India. With our expertise and dedication to helping startups succeed, we can provide the legal support you need to turn your business idea into a successful venture.

Regular Price
Offer
Incl. GST
GST Credit
You Save
Gov. Fee

: ₹15000
₹7499
: ₹8849
: ₹1350
: ₹7501
: Included

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The goal of the Indian government’s Startup India project is to create a robust environment that will support innovation and startups in the nation, promoting long-term economic growth and creating a significant number of job opportunities. The government hopes to enable startups to expand through innovation and design with this effort.

Below is a summary of the Startup India Movement’s goals. In addition to helping entrepreneurs, the action plan calls for:

  1. Improved facilities, which include incubators
  2. IPR facilitation, such as simpler patent applications
  3. the enhanced regulatory environment, which includes faster processes, simpler compliance, easier tax benefits, and better firm setup.
  4. An objective to boost the available financing sources
  5. Give entrepreneurs and other startup ecosystem stakeholders access to a large networking database.

Eligibility:

To receive the DPIIT Certificate of Recognition, the startup needs to fulfill the following qualifying requirements:

  1. Duration of Entity: The company’s operations and existence should not go beyond ten years from the date of creation.
  2. Kind of Entity: For a business that is incorporated as a Private Limited Company, Limited Liability Partnership (LLP), or Registered Partnership Firm, the DPIIT Certificate of Recognition is given.
  3. Annual Turnover: The company must have had an annual turnover of Rs. 100 crore for any fiscal year since its formation in order to receive the DPIIT Certificate of Recognition.
  4. The Original Entity: The company should not have been incorporated by dissolving or forming an already-existing entity in order to be eligible for the DPIIT Certificate of Recognition.
  5. Innovative and Scalable Entity: The organization should be focused on creating or enhancing a process, product, or service.
  6. The organization ought to possess a business plan that is both scalable and highly conducive to generating income and jobs. The company ought to have the capacity to provide income or jobs.

Advantages for Startups Recognized by DPIIT

After receiving the DPIIT Certificate of Recognition for Startups, the startups are eligible for the following advantages:

Self-Accreditation

Following receipt of the DPIIT Certificate of Recognition for Startups, the organization will have the ability to attest to its compliance with three environmental laws and six labor laws on its own.

Application for a Startup Patent

Firms will have the option to expedite the processing of their patent applications, and DPIIT accredited firms will only be required to pay 80% of the fees associated with patents, trademarks, copyrights, and designs.

Easier Public Procurement Norms

  1. Startups that have been recognized by DPIIT will have the chance to list their product on the Government e-Marketplace.
  2. Startups in all Central Government ministries and departments are granted an
  3. exemption from prior experience/turnover upon recognition by DPIIT. They are also exempt from making an earnest money deposit.

Simple Company winding up

According to the Insolvency and Bankruptcy Code, 2016, the corporation can be wound up within 90 days of applying for insolvency

Funds for Funds

The Alternative Investment Funds will provide funds totaling Rs. 10,000 crore to the startups.

Fund for Credit Guarantee

Through the National Credit Guarantee Trust Company or SIDBI, startups can access a Rs. 2000 crore Credit Guarantee fund over a four-year period.

Tax Exemptions

  1. The startup may apply for tax exemption under section 80 IAC of the Income Tax Act after receiving the Certificate of Recognition.
  2. Startups approved by the DPIIT are eligible to apply for angel tax exemption.
  3. For the first three fiscal years following their approval for tax exemption, DPIIT-recognized startups are free from income tax for the first ten years following their formation.

Kanoons is a reliable ally for entrepreneurs and startups looking for recognition and registration under the Startup India initiative. As a business owner, Kanoons simplifies the complex process of obtaining startup India recognition with our expertise and in-depth knowledge of the regulatory landscape. Our services cover all aspects of the process, from preparing the required documentation to guiding you through the eligibility criteria and ensuring compliance with the Department for Promotion of Industry and Internal Trade (DPIIT) requirements.

With Kanoons, startups can effortlessly navigate bureaucratic hurdles, enabling them to prioritize their core business activities and take advantage of the benefits and incentives provided by the Startup India program.

Basic

₹15000

₹7499/-

  • Consultation
  • Drafting of Documents
  • Creation of DPIIT Profile
  • Filing of DPIIT Application
  • Replying of DPIIT Queries
  • Fast Track Process
Professional

₹25000

₹14499/-

  • Consultation
  • Drafting of Documents
  • Creation of DPIIT Profile
  • Filing of DPIIT Application
  • Replying of DPIIT Queries
  • Fast Track Process
Premium

₹40000

₹24499/-

  • Consultation
  • Drafting of Documents
  • Creation of DPIIT Profile
  • Filing of DPIIT Application
  • Replying of DPIIT Queries
  • Fast Track Process

No Late Fee

It has been observed that numerous small businesses incur significant penalties every year for late filing of various statutory returns to the Government. These penalties are non-tax-deductible and can adversely affect the profitability of these enterprises. At Kanoons, our primary objective is to offer cost-effective services to our clients and assist them in avoiding any late fees. In line with our commitment, we have developed cutting-edge technology that enables businesses to stay ahead of compliance requirements and prevent any penalties. Explore our range of compliance services below to ensure smooth and hassle-free operations.

FAQ

Who is eligible to enroll with Startup India?

Under the Startup India initiative, an organization organized as a Private Limited Company, Partnership Firm, or Limited Liability Partnership is eligible to register. These business entities must have a minimum annual turnover of Rs.100 crores and a minimum of ten years of operation since their incorporation or registration date. This type of organization should be engaged in the advancement, development, or enhancement of processes, products, or services.

Which business structure should a startup organization select?

Preferred business structures for a startup are Limited Liability Companies (LLPs) and Private Limited Companies (PLCs). The legal status of a Private Limited company is typically preferred by investors. However, compliance is more stringent and the cost of incorporation may be greater.

LLPs, on the other hand, have comparatively lenient compliance standards and lower incorporation expenses than private limited companies. LLPs are also universally and investors’ internationally acknowledged with limited liability companies (LLPs).

Is it possible for a foreign company to register under the Startup India hub?

Any organization with a registered office in India can easily register on the hub, as the location preferences currently only cater to Indian states. However, the government is aiming to soon initiate registrations for stakeholders from the global ecosystem as well.

How long is a company typically recognized as a startup?

Once a business entity has reached the 10-year mark since its incorporation/registration and has surpassed a turnover of Rs.100 crores in the previous years, it will no longer be considered a startup.

How can I confirm that my registration has been successfully processed?

After the application is finished and the startup gains recognition, you will be awarded a certificate of recognition generated by the system. You can easily access and download this certificate from the Startup India portal.

When encountering an issue with an invalid password during the registration process on the Startup India portal, it is important to take the appropriate steps to resolve the issue?

Kindly be aware that the password you provide when registering on the startup portal should have a length of 8 to 15 characters. It is required to include at least one lowercase letter, one uppercase letter, one numeric digit, and one special character. The portal will only accept a password that meets all of these requirements.

What are the advantages of registering with an India startup?

Startups are entitled to a variety of advantages through participation in the Startup India Initiative. Nevertheless, recognition as a startup by the DPIIT is a prerequisite for the acquisition of these advantages.

Self-certification of compliance with six labor laws and three environmental laws is permissible for startups. This is permitted for a cumulative duration of five years commencing from the entity’s date of incorporation or registration. Startups are granted a tax exemption for a period of three years and have access to superior intellectual property services and resources designed exclusively to assist them in safeguarding and monetizing their IPRs.

What steps can be taken to appeal to potential investors for a start-up?

In order to attract investors, it is crucial to have an exceptional product with a scalable model, as well as a strong presence in the market. Ensure that your product garners strong engagement and traction. Registering your startup on startup India and actively seeking out investors is crucial. Ensure that you can clearly convey your business concept to the investor and demonstrate the long-term viability of your business model.

What sets an accelerator apart from an incubator?

Startup incubators are institutions that provide support and guidance to entrepreneurs, particularly in the early stages of their business. Institutions with expertise in the business and tech world typically handle the incubation function.

Startup accelerators provide assistance to companies in their early stages of growth. These programs typically have a designated period during which companies collaborate with a team of knowledgeable mentors, who may offer financial assistance, for a span of a few weeks to a few months.

Is it possible for an existing entity to register as a "Startup" on the Startup India Portal?

Indeed, it is possible for an existing entity to register itself as a startup, as long as it fulfills the specified criteria for a startup. Startups can also take advantage of a range of tax and intellectual property rights benefits. The criteria align with the ones mentioned in the article above.

Is it necessary for a startup to be registered in India?

Indeed. In order to register a startup with the Startup India website and avail of the associated benefits, it is necessary to have at least one registered office located in India. Currently, the location preferences are limited to Indian states. However, the government is aiming to expand registrations to include stakeholders from the global ecosystem in the near future.

How can I effectively write the startup activities section on the startup recognition form to increase the chances of acceptance?

A startup is registered with the goal of addressing a problem. To be eligible for registration with the Startup India initiative, a startup must be focused on innovation and improving technology to address a specific problem. Therefore, when filling out the ‘Startup Activities’ section on the ‘Startup Recognition Form’, it is important to provide information on the problem your startup aims to solve, the proposed solution, the uniqueness of your solution, and the revenue-generating model of your startup.

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