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Business Package

most used
Rs4,999
Timeline within 10 days
Application of startup India Certification
Apply Form 1 for Income Tax Exemption
Apply Form 2 for Angel Tax Exemption
*We do not guarantee issuance of certificates.

Executive Package

Popular
Rs7,499
Timeline within 10 days
Application of startup India Certification
Apply Form 1 for Income Tax Exemption
Apply Form 2 for Angel Tax Exemption
*We do not guarantee issuance of certificates & exemptions

Premium Package

Pro+
Rs9,999
Timeline within 10 days
Application of startup India Certification
Apply Form 1 for Income Tax Exemption
Apply Form 2 for Angel Tax Exemption
*We do not guarantee issuance of certificates & exemptions

Overview

Overview

What is a Startup India Registration?

The government has rolled out a Startup India scheme for the growth of businesses by promoting innovations. The DIPP registration comes with many benefits that startups can leverage by registering a business entity under the StartUp India scheme. This scheme is envisioned at transforming India into a job-provider rather than a job seeker. Only an entity which is registered as a Private Limited Company or a Limited Liability Partnership (LLP) or a Registered Partnership Firm can get recognition under Startup India Scheme. Further, such startup must be involved in the activities towards innovation or improvement in existing products or services, and must be capable of generating employment or wealth creation. Only an eligible entity as per the criteria provided by the government can take registration under the said scheme by applying online via Mobile Application or through portal set up by DIPP.

compliancemsme.com is an online platform offeringt registration in StartUp India Scheme to avail StartUp India Recognition Certificate. At compliancemsme.com, we cater to customers looking for a better, faster and affordable online StartUp India Recognition Registration Services.

Benefits

Benefits

Advantages of Startup India Registration

Tax Exemption

The entity registered under the Startup India Scheme can apply for an exemption of income tax under section 80 IAC of the Income Tax Act. Such an entity can avail tax exemption for 3 consecutive financial years out of first 10 years from the date of incorporation provided following conditions are fulfilled:

(1) An entity shall be a Private Limited Company or Limited Liability Partnership.
(2) It shall be incorporated between 01st April 2016 to 01st April 2021.

Angel Tax Exemption

The Startup India recognized entity can avail tax exemption benefit from the funds received as angel investment. The exemption is only granted if the total amount of paid-up share capital and share premium does not exceed Rs. 25 Crore after the proposed issue of share. To avail this exemption the entity need to fulfil some conditions for investing in certain assets.

Rebate in Trademark and Patent Application fees

All the startups registered under this scheme can claim a rebate on the government fees for filing a trademark application. And up to 80% rebate in Patent applications and can avail the benefit of fast track patent application. Entire fees of Facilitators for any number of Patents, Trademarks or Designs a Startup may file, shall be borne by the Government. Hence Startups will have to bear the cost of Statutory Fees only.

Self Certification

Startups can self certify the compliance under 6 Labour Laws and 3 Environmental Laws for 5 years from the date of incorporation.

Government Tenders

Registering an entity under the DIPP recognition scheme enable Startups to apply for Government tenders. One of the requirements of having minimum prior experience/turnover for filing the government tender by the companies is not applicable to the companies registered under the StartUp India scheme. Startups recognised under DIPP have been exempted from submitting Earnest Money Deposit (EMD) while filing government tenders.

Interaction platform for Startups

Networking is an essential key for any entrepreneur to get recognition in the market and among other industry peers. After registering under the DIPP scheme, the startups get a platform to meet other startups, well-known speakers, investors etc. at various fests and summits organized by Government at a huge scale. Startups recognised under DIPP can register on Government e-Marketplace as a seller and sell their products and services directly to Government Entities.

Fund of Funds for Startups

The startup can raise funds and capital through the fund of funds initiative by Startup India. DIPP has proposed to release Rs.10,000 crore for Startups through this scheme. Small Industries Development Bank of India shall provide funds to Startups approved by Implementing Agencies.

Faster Exit

The startup entities registered under Ministry of Corporate Affairs (MCA) i.e A Private Limited Company and an LLP will be wound up on a fast track basis. Under the Insolvency and Bankruptcy Code,2016, Startups with simple debt structure or those meeting certain income specified criteria can be wound up within 90 days of filing an application for insolvency.

Documents Required

Online Registration

Documents required for recognition under Startup India Initiative

COI

Certificate of Incorporation from MCA/Registration Certificate from ROF

PAN Card

PAN Card of an entity

Constitutional documents

MOA & AOA in case of company and Partnership deed in case of LLP or Partnership Firm

List of Directors, DP's and Members

List of Directors or Designated partners or members along with their photographs and contact details

Social link

URL of website & Mobile App of an entity (if any) and Social Profile’s (LinkedIn and/or twitter) of Directors, DP’s and members.

Fund related

If the entity has received any funds then the details related to the amount of investment and investor.

IPR Registration

If the entity has applied or registered any IPR then the Information related to such application or registration.

Awards/Certificate

Information relating to any Awards/Certificate/ Recognition received by the entity.

Annual Statements/ITR

To claim deduction under section 80-IAC, Form-1 needs to be filed along with Annual Accounts of the Startup for last three financial years (if applicable) and Copies of Income Tax Return for last three financial years (if applicable).

Process

Register as recognized Startup under DIPP in 3 Easy Steps

 

 

1. Answer Quick Questions

  • Fill in our questionnaires that take less than 10 minutes
  • Provide basic details & documents required for registration
  • Make payment through secured payment gateways

2. Experts at MSME are here to Help

  • Assigned Relationship Manager
  • Registration on Startup India Portal
  • Drafting of Write Up based on Innovative, Improvized component of the product or service
  • Filing of an online application

3. Generation of Startup recognition number

*Subject to Government processing time

Process to register under Startup India Scheme

 

Day 1

  • Creation of Login Credentials for the entity
  • Review and verification of documents & information provided

Day 2 - 6

  • Drafting of application with required information

Day 7

 

  • Filing of an online application using the credentials

Day 8 - 10

  • Government processing time

FAQ'S

Frequently Asked Questions

Explore Startup India Registration

What is a StartUp India Recognition?

StartUp Recognition is based on Government Scheme providing special benefits to Start Up entities subject to specific conditions as laid down in the rules.

Who is eligible to apply for Startup India Registration?

Only Private Limited Company, Limited Liability Partnership and Registered Partnership Firm are eligible to apply for a StartUp Recognition certificate.

Can any Private Limited Company, Limited Liability Partnership and Registered Partnership Firm apply for Startup Registration?

An entity working for innovation, deployment or commercialization of new products, process or services driven by technology or intellectual property is eligible to apply. A new product/service/process, or a significantly improved existing product/service/process, that can create or add value to customers or a workflow can also file an application to register itself under this scheme.

How can I connect with other Startups and Investors after getting Startup recognition?

After registration you can connect to other Startups, investors or incubators on the Startup India portal under the Tab – ECOSYSTEM or you can connect by login into your account.

What is the government fee for making an application for recognition as a Startup by DIPP?

There is no government fee for the registration under the Startup India Scheme.

In how many days I will get the certificate for recognition as Startup by DIPP?

The government officers thorougly check all the information and documents provided in the application, hence the time period depends on the government processing time.

For how many years an entity is considered as a Startup?

For the period of 10 years from the date of incorporation or up to the turnover increases the limit of Rs. 100 crore in any financial year.

What is DIPP?

Department of Industrial Policy and Promotion which grants the certificate of recognition to StartUps based on satisfaction of specific conditions.

Is One Person Company eligible to be entitled for recognition as “StartUp”?

Since, One Person Company is a form of a company it is entitled to be recognized as “StartUp”.

My entity is formed by converting a firm into LLP, will it be eligible for Startup India registration?

No, entities formed by Splitting Up or Reconstruction of Business already in existence are not eligible for registration under this scheme.

Can the application be filed physically?

The application is to be submitted online at www.startupindia.gov.in

Whether the registration on Startup India website and DIPP recognized Startups are same?

No, the DIPP recognition for Startups is different from registration on Startup India website. To avail the benefits of Startup India scheme, the entity must be registered under Startup India Scheme provided by DIPP. Only creating the account on the website of Startup India does not amount to get recognized as Startup by DIPP.

If at the time of application, I have selected NO for the tax benefits, will I be eligible to avail the benefits later on?

Yes, It can be availed later on also.

Can I avail tax benefits as soon as I get the certificate?

By registering under this scheme your entity will be eligible for availing tax benefits but to avail it, you need to separately apply for it by log in on the portal of Startup India.
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