Start-Up India Registration

OVERVIEW

Every Startup Company with innovation & unique business ideas can apply for the Startup India Certificate issued by DPIIT. Startup India Scheme is implemented through the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India. Startups will enjoy several privileges offered under Startup India Scheme. A business will be recognized as a ‘Start-up’ under this scheme only after obtaining a Certificate of Registration from Start-up India Hub.

BENEFITS

  • Legal Recognition & Credibility: A registered startup gains legitimacy and trust from investors, customers, and other stakeholders. It helps in securing business contracts, loans, and partnerships.
  • Tax Benefits & Exemptions: Many governments offer tax exemptions for startups for a specific period (e.g., India provides a 3-year tax holiday under the Startup India program). Exemption from angel tax on investments.
  • Access to Government Grants & Funding: Registered startups can avail financial assistance, grants, and funding opportunities from government schemes. Easier access to venture capital and bank loans.
  • Intellectual Property (IP) Protection: Startups get subsidized fees for patent registration, trademarks, and copyrights. Fast-tracked patent application process.
  • Easier Compliance & Regulatory Support: Startups get self-certification benefits for labor and environmental laws. Minimal inspections for the first few years.
  • Simplified Winding Up Process: In case the startup doesn’t succeed, fast-track exit options allow dissolution within 90 days.
  • Networking & Mentorship Opportunities: Government and private accelerators provide mentorship, incubators, and networking with industry experts. Exclusive access to startup hubs, investor summits, and business expos.
  • Easier Public Procurement: Startups get priority in government tenders and are often exempted from requirements like prior experience.
  • Easier Funding from Banks & Investors: Registered startups attract more venture capital, angel investors, and bank loans. Governments also provide credit guarantee schemes.
  • Better Hiring & Employee Benefits: More attractive to skilled employees due to credibility and ESOP (Employee Stock Option Plan) benefits.
 
     
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