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Startup Registration

For Founders, Investors, Partners, Supplier & vendors And Many More

India's fastest registration turnaround time, with a guarantee that your Startup registration will be uploaded to the government systems in less than seven days,*T&C*

Open and honest process beginning at just ₹1500-3000 + GST, contact our team for free consultation and exact pricing.

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Udyam Registration

Registering for Startup India

Are you prepared to introduce your business to India? The Indian government's flagship initiative, Startup India, aims to assist and empower business owners just like you. You can take advantage of numerous advantages by registering with Startup India, such as tax exemptions, streamlined compliance procedures, and multiple funding options. In addition to establishing your company legally, this registration gives you access to a wide range of tools and support networks that will enable you to grow and thrive in a cutthroat industry.

Taxhint Advisors is available to help you register for Startup India quickly and easily so you may start along the path to success.

Startup India Scheme

The Indian government launched the Startup India initiative to support the expansion and advancement of businesses throughout the nation. The main objective of the Startup India initiative, which was introduced in 2016, is to foster a flourishing startup community and establish India as a global leader in innovation. India startup registration opens up a world of advantages for new businesses.

DPIIT Registration for Startups

The Indian government's Department for Promotion of Industry and Internal Trade (DPIIT), a division of the Ministry of Commerce and Industry, has the authority to designate qualifying enterprises as Startups under the Startup India program. A startup that receives DPIIT recognition can apply for the advantages listed in the Startup India program.

Eligibility and Requirements for Startup Registration

To register as a startup in India and qualify for DPIIT registration, a startup must meet the following requirements:

✓ Business Structure: The startup must be registered as a partnership business, limited liability partnership (LLP), or private limited company.
✓ Startup Age: The startup should have been founded no more than ten years ago. Biotech startups are allowed up to 15 years.
✓ Annual Revenue: The startup's annual revenue must not have exceeded INR 100 crores in any fiscal year since its founding.
✓ Innovative Approach: The startup must focus on creating, implementing, or marketing novel products, systems, or services driven by intellectual property or technology.
✓ DPIIT Identification: A startup India certificate must be issued by the Department for Promotion of Industry and Internal Trade (DPIIT).
✓ Legal Compliance: The startup must comply with laws such as the Goods and Services Tax Act, the Companies Act, and the Income Tax Act. It should also have a bank account in the company’s name and provide these details when registering with DPIIT.
✓ Job Creation: The startup should align with the Startup India plan’s goal of promoting employment, either by creating jobs now or having the potential to do so in the future.

Note: No business can submit more than one Udyam/MSME Certificate and Udyam Registration. A single Udyam Registration can cover multiple activities, including manufacturing, services, or both.

Benefits Provided under the Startup India Scheme

✓ Patents, Trademarks, and Design Registration
Startups can choose facilitators from a list that has been approved by the government in order to get patents for inventions or trademarks for their company. Startups can save 80% on fees by working with these facilitators, with just the statutory rates to pay.
✓ Funding Support
Because they frequently represent a significant risk to potential investors due to their inexperience, lack of security, or inadequate cash flows, many startups have difficulty obtaining financing. The government has established a fund with an initial corpus of Rs. 2,500 crore with the goal of raising a total of Rs. 10,000 crore over four years in order to minimise this. In its capacity as a Fund of Funds, this fund invests in the capital of venture funds registered with SEBI, thereby indirectly supporting companies with funding.
✓ Self-certification under Employment and Labour Laws
Under some labour and environmental rules, startups can self-certify compliance, which lessens the burden of compliance and related expenses. For a period of three to five years following incorporation, this enables entrepreneurs to self-certify under six labour regulations and three environmental legislation.
✓ Environment-Related Acts Exemption
Under three separate legislation, startups in the 36 industries classified as "white" by the Central Pollution Control Board are free from certain environmental approvals for a maximum of three years.
✓ Tax Exemption
For three out of the ten years following their incorporation, startups that have received DPIIT recognition are eligible for an income tax exemption. Additionally, under Section 56 of the Income Tax Act, entrepreneurs may petition for an exemption from angel tax. This is especially advantageous for early-stage companies that receive external equity investments at valuations higher than their fair market value.
✓ Streamlined Winding up
Startups who need to stop operating can do so without any hassles by ending their operations within ninety days of submitting their application.
✓ Relaxed Public Procurement Norms
DPIIT-approved startups are exempt from the customary turnover and experience requirements, allowing them to participate in public procurements. Significant commercial opportunities with government agencies, ministries, and public sector projects become available as a result.

Documents Needed to Register with Startup India

To complete your startup's registration in India and receive DPIIT recognition, you'll need the following documents:

✓ Certificate of Incorporation and Registration: Required for company verification.
✓ Proof of Funding: If applicable, submit documentation of any financial support received.
✓ Authorisation Letter: Signed by the authorised representative of the company.
✓ Proof of Concept: This could be a video showcasing the startup's idea, a pitch deck, or a link to the company's website.
✓ Patent and Trademark Details: Submit the specifics of any patents or trademarks applied for by your startup.
✓ List of Certificates or Awards: Include any honours or awards your startup has received.
✓ PAN Card: Permanent Account Number (PAN) of the company.

Registration Procedure for Startups in India

Here's a step-by-step tutorial on how to get a Startup India Certificate and register your startup:

Incorporate Your Business

Start by incorporating your company. A Private Limited Company, Partnership Firm, or Limited Liability Partnership (LLP) are just a few of the structures from which to select. This entails submitting a registration application to the relevant authority together with the required paperwork and costs.

Private Limited Company or LLP: LLPs, or private limited companies, should register with the Registrar of Companies (ROC).

Partnership Firm:Send the Registrar of Firms your registration application.

You must get a Certificate of Incorporation or Partnership registration, attesting to the legal formation of your business, for both kinds of registration. Taxhint Advisor's professionals can assist you with registering your Company Easily in india.

Register with Startup India

After your company is incorporated, you can register it on the Startup India website as a startup. You must complete an application on the Startup India webpage and provide a few files, such as a synopsis of your goods and services and your company's organisational chart.

Acquire Registration for DPIIT

Obtaining recognition from the Department for Promotion of Industry and Internal Trade (DPIIT) is a crucial step after creating your profile on the Startup India website. As previously said, entrepreneurs benefit greatly from DPIIT recognition.

In order to apply for DPIIT Recognition, visit the Startup India website, log in with your registered profile credentials, and select the 'Apply for DPIIT Recognition' option found under the 'Recognition' page. On the following page, select either ‘Apply as Company or LLP’ or ‘Apply as Partnership Firm.’

You will be redirected to the National Single Window System (NSWS) website if you select "Apply for Company or LLP." In order to start the DPIIT registration procedure, corporations and LLPs must register and include the "Registration as a Startup" form.

Once this phase is finished successfully, your firm will be formally recognised under DPIIT, giving you access to all of the advantages and resources offered by the firm India program.

Obtain the Recognition Number for Startup India.

Upon submitting your registration application, a DPIIT recognition number will be issued to you promptly. This is an initial notification that your application has been received. The competent authority will review all of the documentation you supplied, and only then will the official Startup India Certificate of Registration be granted. With the Startup India program, this certificate serves as your official acknowledgement.This Startup India certificate is your formal recognition under the Startup India initiative, confirming that your startup meets all the necessary compliance and eligibility criteria.

You can apply for a number of Startup India program benefits, including tax exemptions (under the Income Tax Act), patent filing, and IPR services, after obtaining the DPIIT certificate. Taxhint Advisors offers affordable startup India registration fees to streamline this process for your new company.

Select Taxhint Advisors to Register Your Startup!

to receive professional assistance in earning your Startup India Certificate. Our team is committed to helping you with the startup India registration process, from registering your company to obtaining your DPIIT certificate. With reasonable startup India registration fees, we offer full support to help you satisfy compliance standards and clear the path for the development and expansion of your startup.

Get in touch with our experts right now to start down the path to startup success!

Frequently Asked Questions?

What steps do I need to follow to register my startup?

In order to register your startup, you must first decide on a name and organisational structure. Get an Employer Identification Number (EIN) or Tax ID, file the required documentation with your local or federal agency, and register for taxes. Additionally, you might need to obtain particular licenses or permits based on your locality.

Which legal framework is best for a startup?

Your decision will be influenced by a number of variables, including financial requirements, tax consequences, and liability protection. The limited liability company (LLC), corporation, partnership, and sole proprietorship are examples of common organisational forms. It is advisable to speak with a business advisor or attorney as each has pros and cons of its own.

How do I pick the ideal name for my new business?

The best option is to pick a name that is memorable and accurately describes your company. Make sure it is exclusive and not being used by another business within your jurisdiction. Verify the availability of trademarks and think about getting a domain name for your website that matches.

Does my business name need to be registered separately?

Yes, if you're utilising a "doing business as" (DBA) name or if your business name is different from your legal business name. This frequently necessitates registering separately with regional or national agencies.

How can I obtain a tax ID or employer identification number (EIN)?

Form SS-4 or the IRS website are the two ways you can apply for an EIN. If you have employees, you must have this number for tax purposes or operate as a corporation or partnership

What documents are required to register a startup?

The names of the owners or partners, the address, the business name, and the organisational structure are usually included in the required documentation. A company strategy, identification documentation, and any necessary licenses or permits can also be required.

How do I file the state and local tax registration for my startup?

To find out the precise registration requirements, get in touch with your state and local tax authorities. This usually entails filling out paperwork and maybe getting your state tax ID number in addition to your federal EIN.

Do I need any specific licenses or permits for my startup

The answer varies based on your area and industry. Professional licenses, zoning permits, and health permits are examples of common licenses and permissions. Consult the authorities in your community or a business advisor to identify what you need.

What are the costs associated with registering a startup?

The answer varies greatly based on your area and type of business. These could consist of licence, registration, and legal fees as well as permit acquisition expenses. You should budget between $50 and several hundred dollars on average.

How much time does it take to register for a startup?

The length of time varies according to your location and the nature of your business. It may take a few days to several weeks to complete the registration process. Online registrations frequently take less time than submissions on paper.

Does registering a startup require the assistance of a lawyer?

While not required, speaking with a lawyer can be beneficial, particularly if you need advice or are unclear of the legal ramifications of your company structure with complex legal documents.

Can I register my startup online?

Absolutely, a lot of jurisdictions let you use official websites to finish the registration process online. This can cut down on paperwork and simplify the procedure.

What happens after I register my startup?

After registering, you should concentrate on establishing your company's operations, which includes creating a business bank account, obtaining capital, and carrying out your plan. Keep track of the deadlines and continuing needs for compliance.

How do I update my registration details if something changes?

To edit your registration details, get in touch with the organisation where you originally registered your company and adhere to their change requests. This frequently entails sending in a form or notifying others of the changes.

What are the ongoing compliance requirements for a registered startup?

Annual report filing, licence and permission renewals, keeping accurate financial records, and paying taxes are a few examples of ongoing responsibilities. Consult a business counsellor or the local authorities to make sure you comply with all regulations.