How Can I Kickstart My Startup India Registration Process?

The Startup India program is an initiative adopted by the Governmental authorities with the goal of fostering innovation, promoting entrepreneurship as well as creating the most favorable ecosystem for startups all over the country. Introduced on Jan 16, 2016, by the Governmental authorities, the startup India scheme provides innumerable advantages as well as support mechanisms for new ventures, assisting them in gaining access to funds, benefits, exemptions from tax, and mentorships as well as the chances for the networking.

The Startup India scheme is encouraging new ventures to register as well to seek advantages that have been rendered under the program. So, the registering procedure has been designed as well as developed to facilitate everyone to gain access to all the available resources as well as the appropriate support.

Why opt for startup registration in India?

The startup registration in India is extending opportunities to budding entrepreneurs as well as other individuals to acquire official recognition as well as access to several of the privileges as well as support mechanisms that have been provided by the Startup India initiative. Introduced by the Governmental authorities, these provisions have the goal of fostering innovation, promoting entrepreneurship, as well as developing the most favorable eco system for new business initiatives all over the country.

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So, through the startup India registration according to the initiative adopted by the Government of India, there are several benefits which can actually be availed. So, this will include the exemptions from taxation, compliance with labor as well as environmental regulations(self-certification), simplified as well as expedited patent applications, accessing opportunities for funding, networking as well as collaborating with the investors, mentors, preferences with regard to the Governmental procurement, support acquired from the incubators, accelerators as well as streamlining the wind-up process along with chances for acquiring international recognition.

What other perks startup India registration provides?

• Exemptions from taxation

Once your new business entity is registered under the Startups India program, then it will be holding the eligibility for tax exemption privileges. So, you will be in the position of seeking the 3-year exemption from the income tax as well as extending all the other eligibility criteria.

• Self certified

Also, the startups will be in the position of meeting self-certification compliance according to the labor as well as the environmental laws and this is for the extended duration of 5 years, leading to the reduction in the regulatory burdens as well as the promotion of convenience of conducting the business.

So, the process to register a startup in India is accessible through the simplified as well as most expedited patient application procedure. So this is going to provide protection against intellectual property rights in an efficient as well as cost-effective way.

• Funding access

Also, the Startup India initiative program will be extending access to several of the distinct funding chances. So, this will include the fund of funds for startups, FFS and this is also extending the support for venturing the capital firms for making investments in the businesses.

• Networking as well as collaboration

The startups being registered with the concerned authorities will be acquiring visibility as well as exposure through the site as well as the mobile application. This will assist in developing the connection with the potential investors, and mentors, as well as fostering collaboration along with the growth opportunities.

• Procurement from Governmental authorities

The startups are rendered the preferences according to the Governmental procurement procedure. So, the companies will be in the position of participating within the tenders, where the relaxation of the criteria is done and this will extend the opportunity for securing the Governmental contracts.

Paperwork needed for startup India registration

• ncorporation certification
• Authorization letter, Aadhar card from directors
• CIN( Company Incorporation Number) along with the Directors adhar card
• Website/ patent, videos and other documentation

What is process to register a startup in India?

For registering a startup in India, as per the Startup India program, here are the steps that need to be undertaken:

Make sure to visit the registering startup in India according to the startup India program, here are the steps that will be undertaken

• Clicking upon the registering button on the homepage. You will find the registering icon. Clicking upon the same to proceed through the registration
• Click on the registering button on the home page. So, you will be capable of finding the registering button. Click upon the proceed icon,
• Filling in the requisite information as well as delivering the most requisite of detailing about the new entity this will include the name of the business, registration number, when it is holding the applicability, incorporation date, address along with contact details.
• Enter Details Of Directors/Partners: Provide The Necessary Information About The Directors Or Partners Involved In Your Startup. This will be having inclusion of names of applicant, along with postal address and also DIN or DPIN, director identification number along with what role he/she is playing in firm
• Selection of business entity type
  There will be an appropriate entity type for the startup. So, this will include the PLC, LLC, or the partnership firm
• Entering the director’s details
• So, the businesses will be extended the necessary information with regard to the partner’s directors that are involved in a startup. Also, this will include the name, address, DIN/DPIN, as well as the role within the organization.
• Uploading requisite documentation
• So, for startup India registration, you need to carry out the uploading of the requisite paperwork for the completion of the registration process. So, the documentation will typically include the Incorporation certificate, PAN of the company as well and the address proof of registered authority.
• Self-certification
• So, you need to fill out the self-certification form in a careful way as well as tick boxes to confirm that you will be meeting the eligibility criteria along with compliance with the requirements of the regulations.
• Submission of application
• Once filing of the requisite information is done as well as uploading paperwork, there will be a review of the details to ensure accuracy. So, once the satisfaction is achieved, there has to be submission of the application.
• Recognition number & Certification
• Once successful document submission is done, you will receive the recognition number for the startup. So, there will be issuance of the recognition certification once the approval of the application is done.

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Fulfill eligibility criteria for startup registration in India

Make sure to take into consideration that while the startup India registration procedure will remain similar across several of the distinct locations, you will be requiring compliance without any of the additional needs/ regulations about the location. So, make sure to fulfill the eligibility criteria as per the specifications rendered according to the location. So, always take into consideration that you will be fulfilling the eligibility criteria as per the specifications mentioned by the concerned authorities as well as their guidelines.

Initiating the business is quite a rewarding venture as the thriving entrepreneurial system along with the extensive consumer market will be assisting in pushing even the smallest of ventures ahead.

Hire experts for streamlining & simplifying Startup Registration Process

The register a startup in India help provider, is rendering business businesses the chance to acquire recognition as well as greater access to the array of advantages along with the support mechanisms. So, through the process of registration, there is a simplified as well as streamlined compliance procedure, funding chances, networking, Governmental procurement preferences, as well as greater things.

So, this is the initiative that will foster the ecosystem which will nurture innovation as well as entrepreneurship and facilitate the startups in the country for thriving, growing as well as making a contribution to the economic growth of the country.