We help Startups register for Startup India Scheme and get DPIIT recognition
In 2015, the Government of India, under the administration of the Ministry of Commerce and Industry, began the Startup India Initiative. This was done with the aim of boosting the Indian economy, encouraging Indian entrepreneurs, and giving a boost to Indian startups.
Under this initiative, eligible companies can get recognized as Startups by the Department for Promotion of Industry and Internal Trade (DPIIT). With this recognition, they can access a host of tax benefits, easier compliance, IPR fast-tracking and more. You can learn more about eligibility and benefits below.
To be eligible for Startup India Certificate, the Startup should be a:
The business should be newly incorporated. It should not have been formed by splitting up or reconstructing an existing business.
The turnover of the startup should be less than INR 100 Crores in any of the previous financial years.
A business entity shall be considered as a startup for up to 10 years from the date of its incorporation
The business concept and idea of the startup should be unique. It must be driving innovation or bringing significant improvement in existing products, services, or processes.
Moreover, such a startup should have the potential to generate employment and create wealth.
The following are disqualified from getting Startup India recognition:
An entity shall cease to be a Startup either on completion of 10 years from the date of its incorporation/registration or if its turnover for any previous year exceeds INR 100 crore, whichever occurs earlier.
We help Startups register for Startup India Scheme and get DPIIT recognition
Get Income Tax exemptions and enjoy a tax holiday for 3 consecutive financial years. Also, get exemptions on capital gains and investments above Fair Market Value.
On getting the DPIIT recognition, startups can avail numerous exemptions and assistance in applying for intellectual property rights, for example, Trademark registration, Patent & Copyright registration, rebate on application fees, and more.
Startups can do self-compliance under 3 environmental laws and 6 labour laws without any inspection or physical visit by public officers during the first 3 years.
With the Startup India Certificate and DPIIT recognition, your startup can get listed as a seller to the government and you can benefit from exemptions on EMD and minimum requirements.
Talk to one of our professionals so that we can understand your requirements and suggest you the best way forward in getting Startup India Certificate.
Once the initial consultation is done, you need to purchase the Startup pack and submit the requested documents with us through this online portal.
Once you’ve purchased the plan and submitted the documents, one of our professionals will get in touch with you to carefully examine whether the documents and other requirements meet the DPIIT recognition criteria.
Once all the documents are collected and satisfactorily examined, our professionals will make the Startup India Registration application on your behalf to ensure best practices.
If your application is successfully passed, you will get DPIIT recognition and the Startup India Certificate. Not all applications are awarded the certificate and that’s why it is necessary to ensure that all the documents and requirements are met perfectly.
The Letter of Support is a document that applicants need to submit during the enrolment form for Startup India Registration if they wish to avail tax exemptions.
You can submit any of the following as a Letter of Support:
You can furnish the following documents as proof of business existence:-
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