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Startup India Registration

What is Startup india dpiit recognition?

The Startup India is a program to encourage and support the startup ecosystem in India. It aims to promote new businesses by providing them various benefits & exemptions. Such as tax holidays & access to government funding and incubator programs. The benefits of the program can be accessed by startups through DPIIT recognition.

Startup India Certificate {Sample}

Benefits of Startup India Recognition

Self -Certification
Tax Exemption under 80-IAC
Easy Winding of a Company
Fast-tracking of Startup Patent Application
Rebate on filing of Patent Application
Easier Public Procurement Norms
Exemption under Section 56
Panel of facilitators to assist in filing of IP applications
Gem Portal preference

Eligibility for Startup India registration

1. Originality of the entity:- The business entity/startup must be a new entity; it should not be a split off from the existing company.
2. Type of business structure:- To get the startup India registration business should be registered under the following forms of business.

Private Ltd Company
One person Company
Partnership Firm
Limited Liability Partnership

3. Annual Turnover:- per the guidelines of DPIIT the business entity should have an annual turnover of less than 100 crore rupees.
4. Incorporation Period:- In order to get recognised under DPIIT startup India initiative the entity should not be older than 10yrs from the day of its incorporation.
5. Innovation & Scalability:- entity must be innovative and scalable. It's one of the most important criteria to be considered by DPIIT before startup India registration. Because the aim of the program is to promote innovation and generate business and jobs in the country.

Document Required for DPIIT recognition

The following documents are needed to be submitted by the entities for recognition of Startup India by DPIIT.

Authorization Letter
Companies PAN Card
Certificate of Incorporation
Director's Aadhar & PAN card
Passport-size photograph of the directors
Website or companies profile deck (if available)
Photo & video of products/services
Brief write-up on how the business is working towards

Innovation in the industry
High potential for wealth creation
Potential for employment generation

Other certificates, if required

GST registration
Trademark registration
Copyrights registration for IPR
MSME registration, if available

Get Start-up Registration with Lawgical Station

Step 1:

Get in touch via call or contact form

Step 2:

Provide necessary documents

Step 3:

Get your incorporation registered in 14-21 working days

Frequently Asked Questions (FAQs)

What is the legal definition of a startup in India? What kind of start-ups commonly register LLPs? Which industry is the best in India for a startup? What is the eligibility of designated partners/partners in an India? Is it cheaper to run an LLP than a private limited company?

A startup defined as an entity that is headquartered in India, which was opened less than 10 years ago and has an annual turnover of less than ₹100 crores (US$14 million).

Typically, only start-ups that will not be looking for venture capital funding register LLPs. This is because venture capitalists only invest in private and public limited companies.

According to the Economic Times, as of 2020, the top-earning businesses in India are from the financial services, transport and support services, aerospace, defence, and security services, technology services, and health and education services.

Any individual, or even a company or an LLP, can become a partner. However, only an individual can become a ‘designated partner’ in an LLP.

Yes, it is much cheaper to run an LLP than a private limited company, particularly in your early start-up days. This is because many compliances, such as an audit, apply to LLPs only after their turnover is sizable. Most LLPs spend about half as much as a private limited company in their first year on registrations and compliance work.

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