How to get Start-Up India Registration / Recognition.
Start-Up Registration / Recognition is quick, easy, and can be done online with Legalguard.in in 3 simple steps.
We draft the the 4 vital questions asked in the form.
We file the documents required for Start-Up Registration and follow up.
We help you with the post-registration formalities.
Once you get your Certificate of Recognition by DPIIT, GOI, numerous benefits and opportunities are awaiting your way.
WHAT ARE STARTUP BENEFITS?
REBATE IN TRADEMARK AND PATENT APPLICATION FEES: Fast-tracking of Start-up patent applications, Panel of facilitators to assist in the filing of IP applications, up to 80% rebate in filing patents and 50% rebate in filing Trademarks.
SELF-CERTIFICATION: Self-compliance under 6 Labour and 3 Environment laws for a period of 5 years from the date of incorporation.
EASIER PUBLIC PROCUREMENT: Benefit from an exemption on Prior Turnover and Experience, submitting Earnest Money Deposit (EMD) or bid security while filling government tenders.
INTERACTIVE PLATFORM FOR STARTUPS: Participate in different opportunities, challenges and summits organized by Government through the Start-up India portal. Get listed as Sellers on the Government of India’s largest e-procurement portal (GEM)
FUND OF FUNDS FOR STARTUPS: Corpus fund of 10,000 crores managed by SIDBI. The Fund is in the nature of Fund of Funds, which means that the Government participates in the capital of SEBI registered Venture Funds, which further invest in Start-ups.
ANGEL TAX EXEMPTION: Post getting recognition a Start-up may apply for Angel Tax Exemption for investment at a Premium under Section 56 of the Income Tax Act, 1961.
TAX EXEMPTION: The entity registered under the Start-up India Scheme can apply for an exemption of income tax for 3 consecutive financial years out of first 7 years from the date of incorporation under section 80 IAC of the Income Tax Act,1961.
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ELIGIBILITY CRITERIA
Period of Existence of Entity: The Period of existence and operations of the company should not exceed 10 years from the date of formation
Type of Entity: The DPIIT Certificate of Recognition is provided for the company which is incorporated as a Private Limited Company, a Limited Liability Partnership (LLP) or a Registered Partnership Firm.
Annual Turnover: To get the DPIIT Certificate of Recognition, The firm should have an annual turnover of Rs. 100 crore for any of the fiscal years since its federation
Original Entity: To avail the DPIIT Certificate of Recognition, the company should not have been incorporated by splitting up or recreating an already existing entity.
Innovative & Scalable Entity: The entity should be working towards the development or improvement of a product, process or service.
The entity should have a scalable business model with high potential for the creation of wealth and employment. The firm should have the potential to generate employment or create wealth.
DOCUMENTS REQUIRED
Why Legalguard.in
Access To Experts
We provide access to reliable professionals and coordinate with them to fulfil all your legal requirements. You can also track the progress on our online platform, at all times.
Realistic Expectations
By handling all the paperwork, we ensure a seamless interactive process with the government. We provide clarity on the incorporation process to set realistic expectations.
150-Strong Team
With a team of over 150 experienced business advisors and legal professionals, you are just a phone call away from the best in legal services.