Startup India Registration (DPIIT Recognition) | Advisorate

What is Startup India Registration?

Startup India is an initiative by the Government of India aimed at fostering entrepreneurship and supporting startups by providing various benefits, incentives, and resources. The Startup India Registration allows businesses to avail tax exemptions, easier compliance, funding support, and other advantages to encourage innovation and growth.

Key Benefits of Startup India Registration

• Income Tax exemption for 3 consecutive years
• Exemption from Angel Tax under Section 56
• Self-certification for compliance with labor and environmental laws
• Fast-track patent applications with 80% fee reduction
• Access to government funding and investment opportunities
• Relaxed norms for public procurement

Process of Startup India Registration

1. 1

   Incorporate Your Business

   Register your company as a Private Limited Company (PLC), Limited Liability Partnership (LLP), or Partnership Firm. Obtain a Certificate of Incorporation from MCA or a partnership deed (for partnership firms).

2. 2

   Register on the Startup India Portal

   Visit the Startup India website and create an account. Fill in the required details about the business. Upload necessary documents.

3. 3

   Complete the DPIIT Recognition Form

   Fill out the DPIIT recognition form with details about the business, including the innovative nature of the product or service, business model, and target market.

4. 4

   Submit Supporting Documents

   Upload the required documents such as Certificate of Incorporation, proof of funding (if applicable), and a brief description of the innovative product or service.

5. 5

   Receive DPIIT Recognition Certificate

   Once approved, you'll receive the DPIIT Recognition Certificate, which officially recognizes your business as a startup under the Startup India initiative.

Documents Required for Startup India Registration