Startup Registration India Scheme

The objective of this scheme is to reduce the regulatory burden on Startups, thereby allowing them to focus on their core business and keep compliance costs low.

Startup registration in India is a process of registering a company or LLP as a startup with the Department for Promotion of Industry and Internal Trade (DPIIT). This process is voluntary, but it offers a number of benefits, including:

• Tax benefits: Startups can avail a number of tax benefits, such as a 100% tax exemption on profits for up to 3 years and a 50% tax exemption on profits for the next 5 years.
• Easy compliance: Startups have simplified compliance requirements for various laws and regulations.
• IPR fast-tracking: Startups can get their intellectual property rights (IPR) applications fast-tracked.
• Government support: Startups have access to a number of government support programs and schemes.

To be eligible for startup registration, a company or LLP must meet the following criteria:

1. It must be incorporated or registered in India.
2. It must not be older than 10 years.
3. Its annual turnover must not exceed ₹100 crore.
4. It must have an original business model that is scalable.

To register as a startup, the company or LLP must file an application on the Startup India portal. The application must be accompanied by the following documents:

1. A copy of the company's certificate of incorporation or LLP agreement
2. A detailed business plan
3. A pitch deck
4. A self-certification from the company's directors or LLP partners stating that the company or LLP meets the eligibility criteria for startup registration

Once the application is submitted, it will be reviewed by the DPIIT. If the application is approved, the company or LLP will be issued a startup recognition certificate.

Here are the steps involved in startup registration in India:

1. Visit the Startup India portal: https://www.startupindia.gov.in/
2. Click on the "Register" button.
3. Enter your name, email ID, mobile number, password, and click on the "Register" button.
4. Enter the OTP that is sent to your email ID.
5. Create a profile for your startup.
6. Upload the required documents.
7. Submit the application.
8. Pay the application fee.
9. The DPIIT will review your application.
10. If your application is approved, you will be issued a startup recognition certificate.

Once you have received a startup recognition certificate, you can avail all of the benefits that are available to startups in India.

Benefits:

Startups shall be allowed to self-certify compliance for 6 Labour Laws and 3 Environmental Laws through a simple online procedure.

In the case of labour laws, no inspections will be conducted for a period of 5 years. Startups may be inspected only on receipt of a credible and verifiable complaint of violation, filed in writing and approved by at least one level senior to the inspecting officer.

In the case of environment laws, startups which fall under the ‘white category’ (as defined by the Central Pollution Control Board (CPCB)) would be able to self-certify compliance and only random checks would be carried out in such cases.

Labor Laws:

1. The Building and Other Constructions Workers’ (Regulation of Employment & Conditions of Service) Act, 1996

2. The Inter-State Migrant Workmen (Regulation of Employment & Conditions of Service) Act, 1979

3. The Payment of Gratuity Act, 1972

4. The Contract Labour (Regulation and Abolition) Act, 1970

5. The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952

6. The Employees’ State Insurance Act, 1948

Environment Laws:

1. The Water (Prevention & Control of Pollution) Act, 1974

2. The Water (Prevention & Control of Pollution) Cess (Amendment) Act, 2003

3. The Air (Prevention & Control of Pollution) Act, 1981

Our company offers a variety of services to help you with startup registration in India. We can help you:

• Check your eligibility for startup registration: We can review your business model and other information to determine if you meet the eligibility criteria for startup registration.
• Prepare your application: We can help you prepare all of the necessary documents and complete the application form on the Startup India portal.
• Submit your application and track its status: We can submit your application on your behalf and track its status throughout the review process.
• Answer your questions and provide support: We can answer all of your questions about startup registration and provide support throughout the process.

Here are some of the benefits of using our services:

• Save time and money: We can help you save time and money by taking care of all of the details of the startup registration process.
• Increase your chances of success: We can help you increase your chances of success by ensuring that your application is complete and accurate.
• Reduce your stress: We can help you reduce your stress by taking care of all of the paperwork and communication with the DPIIT.

If you are interested in learning more about our services, please contact us today. We would be happy to discuss your specific needs and help you get started with the startup registration process.

Here is an example of how our services can help you:

You are a startup entrepreneur and you are interested in registering your company as a startup in India. You are not sure if you meet the eligibility criteria and you are not sure how to prepare your application. You contact our company and we review your business model and other information. We determine that you are eligible for startup registration and we help you prepare your application. We submit your application on your behalf and track its status throughout the review process. We answer all of your questions and provide support throughout the process.

As a result of using our services, you are able to successfully register your company as a startup in India. You save time and money, you increase your chances of success, and you reduce your stress.