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File: /home/u595962424/domains/poornesh.com/public_html/__cs/index.php
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File: /home/u595962424/domains/poornesh.com/public_html/__cs/index.php
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File: /home/u595962424/domains/poornesh.com/public_html/__cs/index.php
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File: /home/u595962424/domains/poornesh.com/public_html/__cs/index.php
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File: /home/u595962424/domains/poornesh.com/public_html/__cs/index.php
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Message: Creation of dynamic property Home::$session is deprecated
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File: /home/u595962424/domains/poornesh.com/public_html/__cs/application/controllers/Home.php
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File: /home/u595962424/domains/poornesh.com/public_html/__cs/index.php
Get your Startup India Registration - CS Vijendra & Co
Startup India Registration At Vijendra & Co, we specialize in providing professional services for Startup India Registration. As a trusted name in the industry, we assist entrepreneurs in navigating the complexities of registering their startups under the Startup India Scheme. An easy and hassle-free registration process is guaranteed by our knowledge in government regulations and policies.
Requirements for Startup India Eligibility Before submitting an application for Startup India Registration, it is crucial to determine if your company is eligible for the program. These are the qualifying requirements:
The entity's business structure requires that it be registered as a Limited Liability Partnership (LLP), Partnership Firm, or Private Limited Company. The startup's business age cannot exceed ten years from the date of establishment. Nonetheless, the age restriction is raised to 15 years for biotechnology startup companies. The yearly turnover of the firm shall not surpass INR 100 crores within any given fiscal year. Scalability & Innovation: The startup needs to be successful. Benefits Provided under the Startup India Scheme The Startup India Scheme offers multiple benefits that help new businesses grow and succeed in a competitive environment. These advantages consist of:
Tax Exemptions: An income tax exemption for three years is available to startups that are approved through the Startup India Registration procedure.
Exemption from Angel Tax on investments exceeding the fair market value. Self-Certification: For a maximum of five years, startups can self-certify their adherence to labor and environmental regulations, which lessens the regulatory load.
Patent & IPR Benefits: Startups receive fast-track patent examination and a 50% rebate on trademark and patent filing fees. The government provides legal assistance to help startups with Intellectual Property Rights (IPR) protection. Easier Winding Up: The Insolvency and Bankruptcy Code (IBC) of 2016 allows entrepreneurs to shut down their operations within ninety days.
Grants & Government Funding: Startups can access funding support from the Fund of Funds for Startups (FFS), with an initial corpus of INR 10,000 crores managed by SIDBI.
Government Tender Priority: According to Startup India Registration, startups are eligible to bid on government contracts without having to meet turnover or experience requirements.
Opportunities for Incubation and Networking: To assist entrepreneurs with funding, networking, and mentorship, the government has established Startup Hubs, Incubators, and Accelerators.
Reduced Compliance Burden: Startups benefit from simplified compliance processes, including minimal inspections and relaxed reporting requirements.
Documents Required for Startup India Registration For a successful Startup India Registration, the following documents must be submitted:
Certificate of Incorporation or Partnership Deed (depending on the business entity type). The company's PAN card. Evidence of business address, such as a rent agreement, utility bill, or ownership document. Directors’ or Partners’ Aadhaar & PAN Cards. Details of Business Activities & Innovation. Pitch Deck or Business Plan, highlighting how the startup is unique and scalable. DPIIT Recognition Form, available on the official Startup India portal. Trademark & Patent Documents (if applicable). Bank Account Details & Financial Statements. Making sure that all necessary paperwork is in order facilitates a quick and error-free Startup India Registration procedure.
Startup India Registration Process The process of obtaining Startup India Registration involves several steps. Below is a step-by-step guide to help startups get registered:
Step 1: Establish the Company Form the Business: Prior to submitting an application for Startup India Registration, make sure your company is registered as a partnership firm, LLP, or private limited company. The incorporation process (MCA) is overseen by the Ministry of Corporate Affairs.
Step 2: Register on the Portal for Startup India Go to Startup India's official website to register. Fill out the online Startup Recognition Form with the required business details. The company plan and certificate of incorporation, among other necessary papers, must be uploaded. Step 3: Application for DPIIT Recognition Use the Startup India portal to submit an application for DPIIT recognition. Submit details regarding the nature of the business, innovation, scalability, and employment potential. Once approved, the startup receives a Startup Recognition Certificate from DPIIT. Step 4: Apply for Tax Exemption (Optional) Startups who fulfil the qualifications can apply for Section 80 IAC's three-year tax exemption, but they have to go via the Income Tax Department to do so.
The startup will profit from tax advantages for three years in a row if it is authorized. Step 5: Register for Intellectual Property Protection (Optional) If they have original research, startups can file for patents, trademarks, or copyrights. The Startup India Scheme offers financial support and fast-track processing for IP registration. Step 6: Avail Additional Government Benefits The startup can explore funding opportunities, government tenders, and incubation programs available under the Startup India Scheme. Step 7: Compliance & Growth After obtaining Startup India, the startup must comply with annual filings, taxation policies, and employment regulations. Continuous innovation, scalability, and adherence to legal requirements ensure long-term success. Conclusion At Vijendra & Co, we aim to simplify the Startup India Registration process by guiding entrepreneurs at every step. For any entrepreneur hoping to create a profitable business, it is essential to comprehend the Startup India Registration process, the necessary paperwork, the benefits offered by the Startup India Scheme, and the qualifying requirements.
For startups seeking recognition, tax benefits, and government support, Startup India Registration is a game-changer. Ensuring compliance with regulations and leveraging the available incentives can help businesses thrive in the competitive Indian startup ecosystem.
