How to register a startup in India?

Startup India Scheme

Startup India Scheme is an activity of the Indian government, the essential goal of which is the advancement of new businesses, age of work, and riches creation.

Features Of the Scheme

The accompanying highlights make the plan a stand-apart factor:

•  New-contestants are allowed a duty occasion for a long time.
• The government has given a store of Rs.2500 crore for new businesses, just as a credit assurance reserve of Rs.500 crore rupees.
• Eligibility for Startup Registration    
• The organization to be framed must be a private restricted organization or a constrained risk association.
• It ought to be another firm or not more established than five years, and the all-out turnover of the organization ought to be not surpassing 25 crores.
• The firms ought to have gotten the endorsement from the Department of Industrial Policy and Promotion (DIPP).
• To get endorsement from DIPP, the firm ought to be financed by Incubation finance, Angel Fund or Private Equity Fund.
• The firm ought to have gotten a benefactor to ensure from the Indian Patent and Trademark Office.
• It must have a proposal letter by hatching.
• The capital increase is absolved from annual duty under the startup India crusade.
• The firm should give creative plans or items.
• Angel subsidize, Incubation support, Accelerators, Private Equity Fund, Angel system must be enlisted with SEBI ( Securities and Exchange Board of India).

Register Your Company

As have been experiential, registration on startup portal can be done only through for the following firms:

• Partnership Firm
• Limited Liability Partnership Firm
• Private Limited Company

Partnership Firm

The organization firm is enrolled under the Partnership Firm Act. To begin an organization firm, the concerned gatherings need to draft an association deed where the terms and states of the organization firm will be referenced. This association deed must be enlisted with the recorder of firms. We can assist you with the arrangement of an organization firm.

Limited Liability Partnership Firm

A Limited obligation association firm is enlisted under the LLP Act. Both organization firm and LLP are fundamentally the same as, yet LLP sharer Limited obligation association firm is enlisted under the LLP Act. Both organization firm and LLP are fundamentally the same as, yet LLP shares more for all intents and purpose with a private a constrained organization like restricted obligation security, transferability, and so on nd

Private Limited Company

The private limited company is the maximum popular type of legal entity in India.

Application Procedure

Step 1: Log on Startup India Portal https://startupindia.gov.in/registration.php.

Step 2: Enter your Legal Entity.

Step 3 : Enter your Incorporation / Registration No.

Step 4 : Enter your Incorporation / Registration Date.

Step 5: Enter the PAN Number (optional).

Step 6: Enter your address, Pin Code & State.

Step 7: Enter details of the Authorized Representative.

Step 8: Enter the Details of  Directors and Partners.

Step 9: Upload the essential documents and Self – Certification in the prescribed manner.

Step 10: File the Incorporation / Registration certificate of the company.

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