Startup India Registration Documents

Startup India Registration Documents

Startup Registration India

Government of India has introduced the Startup India scheme in 2016. The primary motive of this scheme is to promote the growth of start-ups in India. Under this scheme government has taken several vital steps for building a robust startup ecosystem and making India a country of job creators instead of job seekers. Department for Industrial Policy and Promotion (DPIIT) manages the programs under Startup India Scheme. The startup India registration process has broadened the scope of development by creating job opportunities in the Indian economy.

A startup is a recently settled business, normally small which is started by single or group of people. What separates it from other new organizations is that a startup offers another item or service that isn't being given somewhere else similarly. The motives are innovation development.

What is Start up?

A startup is a recently settled business, normally small which is started by single or group of people. What separates it from other new organizations is that a startup offers another item or service that isn't being given somewhere else similarly. The motives are innovation development.

Any company with the following features falls into the category of Startup and is also eligible to avail the benefits of DPIIT

  1. Age Of The Company - Company’s Date of Incorporation should not exceed 10 years.
  1. Type Of Company - Either your company is a Private Limited Company under the Companies Act, 2013 or is registered under Indian Partnership Act, 1932 as a Partnership Firm or is registered under the Limited Liability Partnership Act, 2008 as a Limited Liability Partnership Firm.
  1. Turnover Limit - The company should have an annual turnover which shall not exceed Rs. 100 crore since its incorporation for any of the financial years.
  1. A New Business Entity - The business should be new it must not be the result of split or restructure of an already existing business.
  1. Innovation Friendly - The startup should be working towards innovation or development of new products or services or in the direction of improvising an existing one. The business model should be highly potential with the purpose to create wealth & generate employment.
  1. DIPP Certificate - Obtaining certificate from the Inter-Ministerial Board is essentially required; the Board is set up by the DIPP (Department of Industrial Policy and Promotion).


 Documents required at the time of Startup India Registration Process

  1. Registration Certificate - It is essential for you to upload the certificate of incorporation of your company/LLP (Registration Certificate in case of partnership)
  1. Email id and mobile number including contact details
  1. Company details which shall include the Industry, Sector of work, the category of dealing, registered Office Address etc.
  1. Evidence of concept like pitch deck, video, website link in case of a early traction and validation.
  1. The details about the Directors or Partners involved with the company which shall include their Name, Photo ID, Gender, Contact number, Email ID, Address)
  1. The details of the authorised representatives ( Name, contact details, Designation, Email ID)
  1. Revenue model and Uniqueness of the Product.
  1. PAN details
  1. A Brief Description Of Business - Provide a quick description of the innovative nature of your business.

 



For more information on this visit www.taxaj.com.

Posted by Pooja
Team Taxaj

 




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