Summary: Start-up registration under the DPIIT’s Start-up India initiative provides key advantages for new businesses in India. To qualify, the entity must be a private limited company, LLP, or registered partnership not older than ten years, with annual turnover not exceeding ₹100 crore and a focus on innovation and scalability. Recognised start-ups benefit from tax exemptions for three years, exemption from Earnest Money Deposits in tenders, and relaxed norms on investments. The registration process involves incorporating the entity, registering on the Start-up India portal, and applying through the National Single Window System (NSWS) for DPIIT recognition. Required documents include a certificate of incorporation, authorisation letter, PAN, and business-related details. Once approved, a registration certificate is issued. This process offers strategic and financial support, making it a key step for entrepreneurs seeking to formalise operations and access government schemes, investments, and market opportunities in India’s growing start-up ecosystem.
Introduction: DPIIT Start-Up Registration is a crucial stepping stone for entrepreneurs. Start-up is a word that is extremely popular nowadays. A start-up is a business that basically offers solutions to existing problems of the society in the form of new & reformed products/services. Thousands of people have started their own start-ups showing a boom in the Indian economy. The online show, SHARK TANK is based on such start-ups & their investment and has played a major role in drawing attention to various start-ups.
Objective: The department for promotion of industry and internal trade (dpiit) through start-up india initiative has executed various projects and aims to build a strong ecosystem for nurturing innovation and promoting start-ups in the country that will drive sustainable economic growth and generate large-scale employment opportunities.
Eligibility Criteria:
- Company age should not exceed 10 years from the date of incorporation
- Entity should be Private Limited Company, LLP, Registered partnership firm.
- Annual turnover should not exceed Rs. 100 crore in any of the financial years since incorporation
- Original entity
- Must have purpose of innovation & scalable
BENEFITS:
- Tax Exemptions:- a) For 3 years since incorporation.
- Consideration of shares upto an aggregate limit of Rs. 25 crore.
- Investment in start-ups by listed company having a net worth of more than Rs. 100 crore or turnover of more than Rs. 250 crore.
- Investment in start-ups by accredited investors of AIF having a net worth of more than Rs. 100 crore or turnover of more than Rs. 250 crore.
- Dpiit recognised start-ups have been exempted from EMD(Earnest Money Deposit) or bid security while filing government tenders.
PROCESS
- Incorporate an entity.
- Register with DPIIT start up india
- Register with NSWS as start up to get DPIIT recognition
- After submitting application, registration certificate will be issued.
Documents required
- Certificate of Incorporation
- Authorisation letter of authorised representative of Company/LLP/Partnership firm
- PAN of entity
- Proof of funding(if any)
- Nature of business
- Patents & trademark details if any
- List of awards or certificate of recognition
Conclusion:
Registering a start-up in India is not only a legal necessity but also a strategic move to avail numerous benefits that can help your business scale quickly and efficiently. DPIIT’s Start-up India initiative makes this process easier, more transparent, and beneficial for Indian entrepreneurs. Armed with this information, you can confidently take the first step in your entrepreneurial journey.
DISCLAIMER:-
This Blog is for the purposes of information / knowledge and shall not be treated as solicitation in any manner or for any other purposes whatsoever. Feel free to contact the author for further clarification at 9971509681 or via mail at csnehabisht12@gmail.com. The author is the founder of NEHA BISHT & ASSOCIATES (Practicing Company Secretaries Firm) based in Delhi.
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