Startup India Registration

Get Recognition under the Startup India Initiative by DIPP to avail the benefits available to startups

What is a Startup India Registration ?

The government has introduced the Startup India scheme for the growth of businesses by promoting innovations. The DIPP registration comes with many benefits for the startups which can be availed by registering the entity under the scheme recognized as StartUp India. This scheme is launched with a vision to transform our country into a job provider instead of a job seeker. Hence an entrepreneur can start its own business by availing the benefits. 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.

gameoftaxes.in is an online platform that offers registration in StartUp India Scheme to avail StartUp India Recognition Certificate. At gameoftaxes.in, we cater to customers who are looking for a better, faster and affordable online StartUp India Recognition Registration Services.

Benefits of Startup India Registration

Fund of Funds for Startups
The startup can raise funds and capital through the fund of funds initiative by Startup India
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
The most useful benefit for registering the entity under the DIPP recognition scheme is Startups can 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.
Interaction platform for Startups
Networking is the essential key for any businessman to get recognition in the market and among other entrepreneurs. After registering under DIPP scheme, the startups gets a platform to meet other startups, well-known speakers, investors etc. at various fest, summits organized by Government at a huge scale.
Tax Exemption
The entity registered under the Startup India Scheme can apply for 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.
Angel Tax Exemption
The startup recognized entity can avail the benefit of the tax exemption from the funds received as angel investment. The exemption is only granted to the registered entity if the total amount of paid-up share capital and share premium does not exceed Rs. 25 Crore after the proposed issue of share.
Rebate in Trademark and Patent Application fees
All the startups registered under this scheme can claim a 50% rebate in 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.
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.

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

Need assistance? Don’t worry, experts are here to help!
Call us at: +91 9729-443-137  or Email us: info@gameoftaxes.in

Eligibility for Startup India Recognition

An entity must be registered as a

Private Limited Company

Limited Liability Partnership

Registered Partnership Firm

Turnover should be less than Rs. 100 crore in any of the Previous year

Up to 10 years from the date of incorporation it can be considered as a startup

A Startup must be involved in the activities towards innovation or improvement in existing products or services or processes and must be capable of generating employment or wealth creation

Register as recognized Startup under DIPP in 3 Easy Steps

1. Answer Quick Questions

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

2. Experts available for 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

  • All it takes is 8-9 working days*

*Subject to Government processing time

Process to register under Startup India Scheme

Day 1

  • Creation of Login Credentials for the entity

DAY 2 – 4

  • Review and verification of documents & information provided
  • Drafting of application with required information

DAY 5 – 7

  • Filing of an online application using the credentials

Day 8 – 9

  • Government processing time

Explore Startup India Registration
Frequently Asked Questions

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.
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 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 recognized Startup by DIPP.
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.
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”.
What is DIPP?
Department of Industrial Policy and Promotion which grants the certificate of recognition to StartUps based on satisfaction of specific conditions.
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.
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.
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.
Can any Private Limited Company, Limited Liability Partnership and Registered Partnership Firm apply for Startup Registration?
Business Entity which is working in the sector of providing innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property is eligible to apply for Startup India Recognition scheme. A new product or service or process, or a significantly improved existing product or service or process, that can create or add value for customers or workflow can also file an application to register itself under this scheme.
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.
What is a StartUp India Recognition?
StartUp Recognition is based on Government Scheme which provides special benefits to Start Up entities subject to specific conditions as laid down in the rules.
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.
More Questions? Seek Help of an Expert

Call us at: +91 9729-443-137  or Email us: info@gameoftaxes.in