Startup India Registration

Startup India Registration: A Complete Guide

What is Startup India Registration?

Startup India is an initiative launched by the Government of India in 2016 to support and promote startups by providing tax benefits, funding opportunities, and ease of business operations. The Startup India Registration helps businesses get recognized by DPIIT (Department for Promotion of Industry and Internal Trade), unlocking various benefits.

 

Why Should You Register Under Startup India?

Registering under Startup India offers several advantages, including:

  • Tax Exemptions: Eligible startups can avail income tax exemption under Section 80-IAC for three years.
  • Self-Certification: Allows compliance relaxation under labour and environmental laws.
  • Government Funding: Access to funds through the Fund of Funds Scheme.
  • Intellectual Property Rights (IPR) Benefits: Fast-tracking of patent and trademark filings with rebates.
  • Ease of Winding Up: Startups can wind up operations within 90 days under the Insolvency and Bankruptcy Code, 2016.

When Should You Register as a Startup?

To be eligible for Startup India Registration, ensure:

  • Your business is not older than 10 years from incorporation.
  • It is registered as a Private Limited Company, Partnership Firm, or LLP.
  • Turnover does not exceed INR 100 crores in any financial year.
  • It is working towards innovation, development, or improvement of products, services, or processes.
  • It is not formed by splitting or restructuring an existing business.

 

Benefits of Startup India Registration

Benefit

Description

Tax Exemption

100% tax exemption under Section 80-IAC for 3 years.

Government Schemes

Access to government tenders and grants.

Funding Opportunities

Connect with investors via the Startup India Hub.

IPR Support

80% rebate on patent filing fees.

Simplified Compliance

Self-certification under labour and environmental laws.

Networking

Participation in startup events and mentorship programs.

 

How to Register for Startup India?

Step-by-Step Registration Process

Step 1: Incorporate Your Business

Your business must be registered as a Private Limited Company (under the Companies Act, 2013), Partnership Firm (under the Partnership Act, 1932), or LLP (under the LLP Act, 2008).

Step 2: Register on Startup India Portal

  1. Visit the Startup India Portal: www.startupindia.gov.in
  2. Create an account and fill in business details.
  3. Upload the required documents.
  4. Submit the application and wait for DPIIT recognition.

Step 3: Apply for Tax Benefits (Optional)

Eligible startups can apply for tax benefits under Section 80-IAC by submitting a separate application to CBDT (Central Board of Direct Taxes).

Step 4: Avail Other Benefits

After recognition, access various benefits such as government funding, patent rebates, and compliance relaxations.

Documents Required for Startup India Registration

  • Certificate of Incorporation or Registration
  • Business PAN Card
  • Aadhar Card of Directors/Partners
  • Brief Description of Business & Pitch Deck
  • DPIIT Recognition Application Form
  • Letter of Recommendation from an Incubator or Industry Association

 

Government Fees for Startup India Registration

  • Startup India Recognition: ₹0 (Free of cost)
  • Company Incorporation Fees (as per MCA rules): Varies based on capital and structure
  • Trademark & Patent Registration Fees: ₹4,500 – ₹9,000 (approx.)

 

Acts, Rules, and Notifications Relevant to Startup India

  • Companies Act, 2013 – Governs company registration
  • The Startup India Action Plan, 2016 – Lays down the framework for startup benefits
  • Section 80-IAC of the Income Tax Act, 1961 – Provides tax exemptions
  • Insolvency and Bankruptcy Code, 2016 – Allows easy exit
  • DPIIT Notification dated 19th February 2019 – Revised eligibility criteria

 

State-Wise Conditions for Startup India Registration

Some states offer additional incentives:

  • Maharashtra: Startup funding under the Maharashtra State Innovation Society.
  • Delhi: Subsidies on coworking spaces and incubation hubs.
  • Karnataka: Special grants under the Karnataka Startup Policy.

 

Frequently Asked Questions (FAQs)

1. How long does it take to get Startup India recognition?

It typically takes 7-10 working days after submitting the application.

2. Can a sole proprietorship register under Startup India?

No, only Private Limited Companies, LLPs, and Partnership Firms are eligible.

3. Is Startup India Registration free?

Yes, DPIIT recognition is free, but other government fees apply.

4. Can a startup apply for GST exemption?

No, startups must register for GST if turnover exceeds ₹40 lakhs (₹20 lakhs for service providers).

5. Can an existing company apply for Startup India registration?

Yes, if it meets the 10-year and ₹100 crore turnover criteria.

 

How Chhabria Associates Can Help You?

At Chhabria Associates, we simplify the Startup India registration process for you. Our experts will: ✅ Guide you through documentation and eligibility. ✅ Help in DPIIT recognition and tax exemption filing. ✅ Assist in government funding applications. ✅ Ensure compliance with legal and financial norms.

📞 Call: 9289521162
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📧 Email: chhabriaca@gmail.com
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