Startup India Registration - Get Your Startup India Certificate
Are you ready to launch your startup in India? The Startup India initiative, a flagship program by the Government of India (GoI), is designed to empower and support entrepreneurs. Launched in 2016, the primary aim of the Startup India scheme is to cultivate a thriving startup ecosystem, positioning India as a global leader in innovation. By applying for the Startup India Registration, you can access many benefits, including tax exemptions, simplified compliance processes, and various funding opportunities. This Startup registration not only entitles your business to DPIIT recognition but also connects you to a robust network of resources and support systems, helping you scale and succeed in a competitive market.
AK EPANJIKARAN Pvt.Ltd is here to assist you with a quick and efficient Startup India registration process and obtain a Startup India Certificate, enabling you to embark on your journey toward success.
Join the ever-growing community of successful entrepreneurs by registering with Startup India today!
Benefits of Startup India Registration
Startup India Registration offers an extensive range of benefits to support startups, like funding support and tax exemptions. We have outlined some of the benefits below:
Patents, Trademarks, and Design Registration
Startups that need to secure patents for innovations or trademarks for their business can access facilitators from a government-approved list. By engaging these facilitators, startups benefit from an 80% reduction in fees, covering only the statutory charges.
Funding Support
Many startups face challenges in accessing finance due to their lack of experience, absence of security, or insufficient cash flows, which often pose a high risk for potential investors. To mitigate this, the government has set up a fund with an initial corpus of Rs. 2,500 crore, aiming for a total of Rs. 10,000 crore over four years. This fund, functioning as a Fund of Funds, invests in the capital of SEBI-registered venture funds, thus providing indirect financial support to startups.
Self-certification under Employment and Labour Laws
Startups can self-certify compliance under specific labour and environmental laws, reducing the compliance burden and associated costs. This allows startups to self-certify under six labour laws and three environmental laws for three to five years post-incorporation.
Environment-Related Acts Exemption
Startups in the thirty-six industries categorised as 'white' by the Central Pollution Control Board are exempt from certain environmental clearances under three specific acts for up to three years.
Tax Exemption
DPIIT-recognized startups are entitled to an income tax exemption for three consecutive financial years out of their first ten years since incorporation. Moreover, startups can apply for an exemption from angel tax under Section 56 of the Income Tax Act, which is particularly beneficial for early-stage startups receiving external equity investments at valuations exceeding their fair market value.
Streamlined Winding up
Startups can shut down their operations within 90 days from the date of making the application, providing a hassle-free exit strategy for businesses that need to cease operations.
Relaxed Public Procurement Norms
Startups recognised by DPIIT are allowed to compete in public procurements without the typical prerequisites of prior turnover and experience requirements. This opens up significant business opportunities with government departments, ministries, and public sector undertakings.
Eligibility Criteria for Startup India Registration 2025
Under the Startup India scheme, eligible companies can be recognised as Startups by the Department for Promotion of Industry and Internal Trade (DPIIT), which is part of the Ministry of Commerce and Industry, Government of India.
To obtain Startup India registration for your business and get the listed benefits, the following eligibility criteria must be met:
- Business Structure: The startup must be incorporated as a private limited company, a limited liability partnership (LLP), or a partnership firm.
- Age of the Startup: The startup should be at most ten years from its incorporation. However, startups in the biotechnology sector are allowed up to 15 years.
- Annual Revenue: The startup's yearly turnover must not exceed INR 100 crores in any fiscal year since its inception.
- Innovative Approach: The startup must aim to innovate, develop, deploy, or commercialise new products, processes, or services driven by technology or intellectual property.
- DPIIT Recognition: The startup must acquire a Startup India certificate from the Department for Promotion of Industry and Internal Trade (DPIIT).
- Legal Compliance: The startup must comply with all relevant legal requirements, such as the Companies Act, Income Tax Act, and Goods and Services Tax Act. Additionally, it must maintain a bank account in the business's name and provide these details during DPIIT registration.
- Job Creation: The startup should either contribute to job creation or have the potential to do so in the future, aligning with the Startup India scheme’s objective to stimulate employment within the country.
Details Required for Application for Startup India Registration
You are required to provide the following details to apply for Startup India registration:
- Name of Startup: Enter the official name of your business or startup as registered.
- Type of Organisation: Select your business structure - Private Limited Company, LLP, or Partnership Firm.
- Company PAN Number: Provide the Permanent Account Number issued in your company's name.
- Email ID: Enter a valid and active business email address for correspondence.
- Mobile Number: Provide the mobile number of the authorized representative for OTP verification and updates.
- Name of Authorized Person: Mention the full name of the individual authorized to represent the startup.
- Personal PAN Number: Enter the PAN of the authorized person for identification purposes.
- Address of Business: Fill in the complete official address where your business operates.
- City: Specify the city of your business location.
- State: Select the relevant state from the list provided.
- Pincode: Enter the postal code corresponding to your business address.
- Does your Company Have a GST Number?: Indicate whether your business is GST-registered by selecting Yes or No.
Documents Required for Startup India Certificate
To apply for a Startup India certificate and obtain DPIIT recognition for your startup business, you are required to have the following documents:
MoA & AoA or Partnership Deed
The Memorandum of Association (MoA) and Articles of Association (AoA) are foundational documents outlining a company’s objectives, scope, and internal governance; for partnership firms, the Partnership Deed serves a similar purpose by detailing the terms and structure of the partnership.
Certificate of Incorporation
This is the official document issued by the Registrar of Companies that legally establishes your business as a registered entity and confirms its existence.
PAN Card of Organization
A Permanent Account Number (PAN) card issued in the name of the company or partnership firm, serving as a unique identifier for tax and financial transactions.
PAN Card of Authorized Person
The PAN card of the director, partner, or authorized signatory, used to verify their identity and facilitate compliance with statutory requirements.
Aadhaar of Authorized Person
The Aadhaar card of the director, partner, or authorized signatory, required for identity verification and authentication during the registration process.
Business Address Proof
A document that verifies the registered office address of the business, such as a utility bill, rent agreement, or property ownership document.
Bank Statement of Company
A recent bank statement in the name of the company or firm, used to confirm the existence and financial activity of the business entity.
Photograph of Directors
Passport-sized photographs of all directors or partners, required for identification and official records as part of the application process.