The Startup India certificate website went live on January 16, 2016. The Indian government started and pushed it under the direction of our prime minister, Mr. Narendra Modi. Startup India’s main goal is to give goods and services a route to being resourceful and inventive. The employment rate in India is expected to increase significantly as a result of this plan, and the list of documents needed for startup company registration has been amended to reflect this.

Startups may now look forward to a better future for their companies, one that is filled with expansion, innovation, and cutting-edge technology. If they take advantage of the Startup India Scheme, all of these Indian startups are now in capable hands and empowered to grow.

India ranks third internationally as a startup ecosystem, according to one of the surveys by NASSCOM and Zinnov. This reveals that Indians are born with the entrepreneurial mentality.

In India, many startups are often registered under one of three categories:

Check your eligibility for applying to the Startup India Scheme if your startup fits into one of the aforementioned categories. This page covers all you need to know about the Startup India Initiative by the Indian government and the Documents needed for startup registration.

What is a Startup India Certificate?

A startup is a freshly formed company that is led by one or more people to address an issue. Such firms are founded when the founders identify drawbacks in the current social structure and want to address the problem by developing a good or service. The majority of startups concentrate on creativity and original concepts that set them apart from the competition.

A company can also be created when its creators come up with an original and cutting-edge idea. The most advantageous aspect of a startup is that it raises the employment rate in the nation by directly causing the emergence of more and more businesses. With the increase in job prospects, the Indian government has also contributed by initiating a programme called “The Startup India” that encourages innovation and strengthens sustainable economic zones. This has helped the fledgling businesses expand and survive in the Indian market.

Eligibility Requirements of Startup India certificate

For the business to be eligible for all of the Startup India initiative’s advantages, it must satisfy the following requirements.

  • The total age of the firm might be five years or less, or it can be brand-new.
  • The Department of Industrial Policy and Promotion (DIPP) must approve the business.
  • All of the company’s services, goods, and other associated initiatives are innovative and customer-focused.
  • Existing enterprises’ incorporated entities are not eligible.
  • One requirement to achieve Startup India Eligibility is to be a private limited firm.
  • If your company’s total revenue is greater than INR 25 crores, you are not eligible to get incentives under the Startup India initiative.
  • A letter of reference from an incubator is essential.

How to Register a Startup India Certificate?

For a seamless registration procedure, startups must adhere to the following requirements.

1. Register your business.

Your venture must be incorporated as a partnership business, a private limited company, or a limited liability partnership as the initial stage. Then, adhere precisely to the registration requirements, such as obtaining a certificate of incorporation, verifying a PAN number, registering a partnership, etc.

2. India Startup Registration

The second step entails going to Startup India’s official website and signing up. Complete the short form and provide your supporting documentation to complete registration. To finish the procedure, you will be required to share an OTP and confirm your email.

You may now submit an application for the following:

  • programmes for mentoring and incubation
  • Government Programs
  • website difficulties
  • Volunteer Services
  • State Startup Policies

3. Registration for GST 

GST Except for petroleum products, registration is necessary for other commodities and services. Since the state and central indirect taxes have been unified, the goods and services tax (GST) is a combined tax. As a result, there is now a single tax system in place throughout the whole nation. Service tax, excise tax, VAT, entertainment tax, luxury tax, octroi, CST, and other taxes were substituted.

4. Dpiit startup registration Identification

The Department for Promotion of Industry and Internal Trade (Dpiit startup registration) must acknowledge startups. Once you have finished creating your identity on Startup India’s website, move on to the next phase. If you already have a profile, click the “Dashboard” button and then click the “DPIIT Recognition” option to get recognition from DPIIT.

  • Three years of Tax Exemption at Premium Level is one of the benefits offered by DPIIT. 
  • Services in Intellectual Property
  • Quick Company Winding
  • Environmental and labour law self-certification
  • Funds Obtain
  • Investments over the market value may result in tax exemption.
  • Relief from Public Procurement Norms

5. Acknowledgement Application of Startup India certificate

The “Recognition Application Detail” is now visible. You need to click on the “View Details” link on this specific page. This section is located just below the category labelled “Registration Details.” Now find the “Startup Recognition Form” and carefully fill it out. Once the form has been completed, click the “Submit” button to continue.

6. Documents Needed to Register a Startup India Certificate

Documents needed for Startup India company Registration to verify the director’s full profile.

  • Card Number on PAN
  • Written evidence pertaining to your main website, affiliates, or pitch deck. required for speaking engagements, early traction, or staged startups.
  • Certificate of Incorporation or company Registration for a startup.
  • Articles of Association or Incorporation with a Trademark
  • A nondisclosure contract (NDA)
  • Contracts with Employees and Offer Letters
  • Bylaws Shareholder’s Agreement
  • Contracts for the Assignment of Intellectual Property
  • Agreement Between the Founders/Co-Founders Business Plan/Pitch Deck

What are the advantages of startup company registration in India?

The Startup India Initiative devises a number of incentives to encourage aspiring businesspeople. Additionally, it will support the thriving entrepreneurial culture in India.

1. Cost-cutting

There has been an 80% decrease in the entire expenditure allocated for patents. According to one of the remarks they issued, the Indian government will disclose all facilitators. The startups are required to manage just the remaining statutory fees. A dreadful list of the facilitator & trademarks of the patent is provided by the government itself. Cost savings are anticipated while offering the services covered by the “Intellectual Property Right.” It comes with a cheap, rapid patent examination.

2. Tender Application Facility

Startups in India are provided with the Oroville to quickly and easily submit applications for government contracts. The most rewarding aspect is that these businesses are exempt from the lengthy, tedious requirements that question about turnover or past experience.

3. Tax Exemption Facility

Startups using the Startup India programme are anticipated to receive a three-year fixed tax exemption. These startups must provide the Inter-Ministerial Board certification in order to be free from tax.

4. More Networking Possibilities

For entrepreneurs participating in the Startup India Scheme, networking opportunities are anticipated. The government has made the decision to hold two events at least once a year. These two events will take place both domestically and abroad. The aspiring business owners of various businesses may come forward, get together, and talk about various issues that could benefit from this platform. In a single day, it will result in a tremendous amount of networking.

5. Investor Selection

As a startup, you will have the exclusive authority to select your investor based on a variety of factors. You may pick from a variety of VCs with ease as a result. You’ll feel better about sticking with your new business as a result of this freedom.

6. Investor’s Tax Saving Facility, number six

Investors are given a facility for tax savings when they participate in venture funds created by the government. It is now time to make the necessary adjustments to draw more investors to your current enterprises. Ideally, acquiring additional investors would result in solid finance for your starting firm, including all the necessary resources.

7. Easy Exit Procedure

Today, one of the biggest challenges for entrepreneurs is navigating the convoluted exit strategies. But thanks to a Startup India Scheme, you can stop stressing about it. If you intend to wind up for a number of unspecified reasons, you can apply for a winding procedure. You will have 90 days from the application’s start date to complete everything.

8. A simple Company registration procedure

The company registration process is straightforward so that the plan can reach thousands of people. Using a smartphone application or their official website, emerging startups can sign up for the Startup India Initiative. Filling out the form and uploading your papers online will be required for verification.

9. Improved Centers for Research and Development

There will be a significant rise in the total number of R&D centres. At least seven more research parks are expected to be established. Such research and development facilities should be quite helpful. It would offer several facilities to aspiring business owners for their R&D ventures.

10. Direct Fund Access

To support Indian businesses, the Indian government has allocated a total of INR 10,000 crore for venture capital. Banks and other financial institutions will step forward to assist venture capital, lenders may rest assured.

11. Time-saving requirements

An important viewpoint has aided and made compliances intended for startups easier. The main goal of doing it is to save you time, money, and money spent on the registration procedure. Startups have the ability to self-certify compliance with the aid of three environmental laws, nine labour regulations, and other legislation. For the same, a mobile startup application is needed.

12. Government Funding Chance

A fund worth 10,000 crore rupees is established by the government to serve as venture capital for entrepreneurs. In order to encourage banks and other financial institutions to offer venture capital, the government is also offering guarantees to the lenders.

13. Various Government Programs

The Startup India Scheme is a project that the Indian government launched in 2016. The promotion of companies, development of jobs, and wealth creation are Startup India’s three main goals. In order to create a robust startup ecosystem and make India a nation that creates jobs rather than just seeks them out, Startup India has launched a number of initiatives. These Industrial Policy and Promotion Department initiatives are managed by the Department (Dpiit startup registration).

  • Among the programmes launched by Startup India is the Venture Capital Program.
  • Company Registration- Single Point Registration Scheme (SPRS) for Small Businesses and the Small Business Innovation Research Initiative (SBIRI)
  • Dairy Enterprise Development Program
  • Pradhan Mudra Mantri Yojana
  • Agroprocessing Cluster Scheme at the NewGen Innovation and Entrepreneurship Development Center
  • Support for Marketing and Procurement
  • Scheme for Raw Material Assistance

Important Legal Documents for New Businesses

Startups frequently get themselves in legal issues due to their desire to achieve commercial success. Therefore, to avoid such legal issues, be prepared with the list of documents needed for startup Company Registration that is shown below.

1. Trademark

Trademarks have the strong potential to grow your business. Reaching your intended consumers is made possible by registering a trademark and selecting a particular brand name. However, the only difficulty you could have in this situation is that the company’s brand name is identical to yours. Despite the fact that it attracts a lot of attention, it may cause them and subject you to legal duties.

2. Group or incorporation documents

By forming merely a sole proprietorship, you run the significant danger of being pressured by the weight of legal obligations and endless income tax bills as a startup. Startup companies frequently miss the need of establishing a sound organisational structure. The founders of these firms put themselves in grave danger if they forget to establish a distinct legal organisation for their current startups. In the worst-case scenario, they can wind up losing their house, their belongings, and all of their previous savings. Filing a tax return with the Internal Revenue Service is the best way to handle this. You will avoid significant tax liabilities and other costs.

3. A nondisclosure contract (NDA)

The confidentiality of all the information shared between you and other parties, such as investors, stakeholders, third parties, etc., is guaranteed by means of NDAs and other startup-specific contracts. If you’re working with prospective clients, investors, or even your own staff, the NDA’s function is crucial. NDA benefits the startup’s founder and its staff by giving them protection. It accomplishes this by defending the business’s and its employees’ intellectual property rights.

The following factors are determined by an NDA letter: –

  • defining the time frame for releasing the private information
  • Methods for handling personal data
  • Employee Agreements
  • Offer letters to employees
  • maintaining secrecy until the specified time
  • Things that are part of the Confidential Information
  • Confidential Information of the Owner

4. Offer letters 

The A-level team and how well their multidimensional ideas are executed affect the success of any organisation. You and your employees are on the safe side thanks to the written employment contracts and offer letters. This paper can assist you better communicate your arguments if a complaint develops at a later time. Additionally, it has a professional tone and helps employees understand their worth and importance to the business.

The letter refers to the following:

  • Predetermined Commitments and Goals
  • The reporting to the office is determined by structure.
  • Establish the specific terms and conditions of employment with a worker. It comprises positions, duties, pay, set working hours, notice requirements, and termination standards.
  • An outline of internal regulations, including schedules, leaves, vacations, appropriate attire, and acceptable behaviour, etc.
  • expectations for a worker
  • Share Allocation

5. Shareholder’s Agreement

When your fledgling business is ready to move on with a direction incorporating investments made by other enterprises or individual investors, the Shareholder’s Agreement’s function enters the picture. In identifying the relationships between the several shareholders of the organisation, it is crucial. If the startup’s founder intends to quit the firm, the shareholder agreement loses all value. The issue of these stockholders’ obligations and overall rights is now under doubt. At this stage, both the investors and the new firm are provided with a clear picture of everything by the shareholder agreement.

6. Bylaws

A certain set of guidelines must be followed at work to preserve the professional atmosphere. Such guidelines and requirements are defined by bylaws. Bylaws also guarantee that every startup is operating properly. The bylaws here assist you in keeping things organised. Additionally, it enables every employee of the business to express their thoughts whenever necessary. The nicest aspect of having bylaws is that it gives people more authority by allowing them to vote. The selection of the board, leaders, and other top-level personnel is made easier with the aid of such privileges.

7. IP Assignment Agreements

You should consider protecting your intellectual property rights, unlike other startups. It becomes crucial to have full and thorough control of your intellectual property. The startup company’s portfolio evaluation is crucial in luring the correct group of investors. Here, having complete ownership of electoral property rights will have a significant influence.

The entrepreneurs think about There are two main categories of intellectual property contracts:

  • Assignment of Intellectual Property Agreement

It reveals whether or not your business is able to convince potential investors to make profitable investments.

  • Agreement for Technological Assignment

Between the startup and the shareholder, it develops. Shareholders assign their IP to the business in this case. It is relevant when staff members produce original items.

8. Founders Agreement

The founder’s agreement aids in resolving any potential future disputes between the stakeholders engaged in the establishment of new firms. Such a contract, together with its precise terms and conditions, will outline the connection between all of the company’s founders. Additionally, these papers contain the terms for settling conflicts. This document defines the establishment of certain boundaries and the functional coordination between the various founding members. Looking back at this paper to confirm the clashes that are anticipated to occur in the future will be quite effective.

9. Terms and Condition

The most important aspect of any business is keeping up the website for your goods or services. It extends your market to new customers and protects you from hidden conflicts. Websites properly define the relationship between a customer and the business as well as the terms and conditions of usage. It outlines all the liability restrictions, privacy rules, disclaimers, venue for bringing lawsuits, protection for copyright claims, and usage of items from the website.

10. Business Plan/Pitch Deck

Keeping up the website for your products or services is the most crucial component of any organisation. It widens your consumer base and shields you from unreported conflicts. The relationship between a consumer and a business, as well as the use guidelines, are clearly defined on websites. It contains information on all liability limitations, privacy policies, disclaimers, the court to which lawsuits must be brought, protection for copyright claims, and how to use website content.


The Indian government is now very supportive of startups! It is the main reason why more and more Indians are starting businesses every day. After all, what could be better than knowing that someone will catch us if we fall? India is the third-largest country in terms of entrepreneurial spirit for this primary reason.

Starting a business from scratch never ensures its success; completing the necessary legal paperwork as soon as possible will give you the best chance of long-term security. Consider hiring a “Draft My Documents” company to provide further assistance for your startup endeavor! Nice to hear. Our core group of highly skilled and experienced lawyers is exceptional. We will assist you in obtaining and processing the necessary legal paperwork.

Author Bio

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Telegram

taxguru on telegram GROUP LINK

Review us on Google

More Under Corporate Law

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

January 2023