Startup India Certificate
Every Startup Company with innovation & unique business ideas can apply for the Startup India Certificate issued by DPIIT. Startups will enjoy several privileges offered under Startup India Scheme.
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Get exemplary benefits & exemptions with
Startup India Certificate
Every Startup Company with innovation & unique business ideas can apply for the Startup India Certificate issued by DPIIT. Startups will enjoy several privileges offered under Startup India Scheme.
WHAT IS THE STARTUP INDIA CERTIFICATE OF RECOGNITION?
With a view to boost the Indian economy and encourage entrepreneurship, the Government of India, under the administration of the Ministry of Commerce & Industry, had begun the Start-up India Stand-up India initiative in 2015 to uplift and grow the Indian start-ups.
WHAT IS THE STARTUP INDIA CERTIFICATE OF RECOGNITION?
- Sole Proprietorship
- Firm constitute by the notary partnership deed
- Once annual turnover exceeds INR 100 crores
- Company is older than 10 years.
ELIGIBILITY CRITERIA FOR STARTUP INDIA CERTIFICATE
The Startup should be a
- Private limited company or
- Registered Partnership firm or
- Limited liability partnership
The company should be newly incorporated and should not be formed by splitting up or reconstruction of an existing business.
Turnover should be less than INR 100 Crores in any of the previous financial years.
An entity shall be considered as a startup up to 10 years from the date of its incorporation
The business concept should be unique driving towards innovation or bringing improvement of existing products, services and processes and
A startup should have the potential to generate employment/ create wealth.
3 LAYERS OF STARTUP INDIA CERTIFICATE RECOGNITION
THE VALIDITY OF STARTUP INDIA CERTIFICATE
An entity shall cease to be a Startup on completion of ten [10] years from the date of its incorporation/ registration
OR
If its turnover for any previous year exceeds one hundred [100] crore rupees.
Whichever is earlier.
THE VALIDITY OF STARTUP INDIA CERTIFICATE
Once applied for the startup india registration, you will receive an acknowledgment receipt number (ARN) for tracking your certificate status.
Once your Startup India application is successfully processed, you can easily download your Start-up India certificate.
STARTUP INDIA CERTIFICATE BENEFITS
Tax exemption u/s 80 IAC
Post getting recognition under startup India scheme, you may apply for Tax exemption u/s 80 IAC of the Income Tax Act.
A Startup can avail tax holiday for 3 successive financial years during its first 10 years of startup eligibility.
Criteria for applying to 80IAC Tax exemption :
- Must be a recognized Startup
- Only Private limited or LLP is eligible
- Must be incorporated on or after 1st April, 2016
Angel Tax Exemption u/s 56
After startup india registration, you may apply for Angel Tax Exemption.
Criteria for Angel Tax Exemption u/s 56 of the Income Tax Act 1961:
- The entity must be a DPIIT recognized Startup
- Aggregate amount of paid up share capital & share premium after the proposed issue of shares, must not exceed INR 25 Crore.
Self-Compliance for Labour Laws
Startups can do self assessment for labour law compliances and there will be no inspection or physical visit by public officers during the first 3 years. Startups can self-certify through startup india portal with given below 6 labour laws.
- Inter-State Migrant Workmen laws
- Gratuity Laws
- Provident Fund Laws
- Employees’ State Insurance laws
- Other Constructions Workers’ laws
- Contract Labour laws
Our professionals can assist In order to self-certify labour laws compliances.
Click here to download Self-certification formats for compliance under Labour Laws Startup India.
applying to 80IAC Tax exemption :
- Must be a recognized Startup
- Only Private limited or LLP is eligible
- Must be incorporated on or after 1st April, 2016
Angel Tax Exemption u/s 56
After startup india registration, you may apply for Angel Tax Exemption.
Criteria for Angel Tax Exemption u/s 56 of the Income Tax Act 1961:
- The entity must be a DPIIT recognized Startup
- Aggregate amount of paid up share capital & share premium after the proposed issue of shares, must not exceed INR 25 Crore.
Easy Winding Up of Company
Startups registered under startup India scheme can avail easy exit route for winding up the company within 90 days under Insolvency & Bankruptcy Code, 2016, in case startup business model failed.
Funding Opportunities & Other Government Schemes
Startups registered under Startup India scheme can avail funding under various government or semi government aided schemes such as
Venture Capital Assistance Scheme
Under this scheme, interest free loan is provided by Small Farmers’ Agribusiness Consortium (SFAC) to projects falling short of capital requirement for project completion.
Support to MSMEs for International Patent Protection in Electronics and IT
Stand Up India Scheme bank loan from 10 lakh-1 crore to at least 1 SC/ST borrower and at least one women enterprise per bank branch.
Single Point Registration Scheme (SPRS)
NSIC registers MSEs under SPRS scheme for participation in Government Purchases.
Easier Norms on GeM Portal
Government e-Marketplace [GeM] is an e-commerce portal for public procurement where private sellers including startups can sell products and services to government buyers and participate in government e-tenders.
Get registered as a seller on government e-Marketplace aka GeM portal
A registered startup can enjoy privileges over others private sellers. Separate scheme launched for startup named GeM Startup Runway Scheme.
On Gem Startup Runway scheme, Startups are entitled to avail exemption on:
- Prior Turnover
- Prior Experience
- Earnest Money Deposit
- Minimum criteria for govt. tender
STARTUP INDIA REGISTRATION PROCESS
Provide the required business details and information to our web portal.
Choose a package and pay online with different payment modes available.
On placing an order, Startup India application will be assigned to one of our dedicated professionals.
Our professional shall carefully examine the criteria of startup recognition and file the application.
Our professionals do follow up with the govt. department for issuance of Startup India Certificate.
On successful examination, Startup India Registration certificate shall be provided to you.
INBOX NOW COMPLETE LIST OF DOCUMENT REQUIRED
Plans And Pakeges
Basic
Rs.5499
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- (2 Indian Directors, 2 Shareholders and Authorised Capital of Rs. 1,00,000)
Standard
Rs. 7499
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Commencement of Business
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- PF Registration
- ESI Registration
- GST Registration
- GST Invoice software
- Documentation Kit
Premium
Rs. 11499
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Commencement of Business
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- PF Registration
- ESI Registration
- GST Registration
- GST Invoice software
- Documentation Kit
- Website**
- Online Payment Gateway
- (2 Indian Directors, 2 Shareholders, and Authorised Capital of Rs. 1,00,000)
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Frequently Asked Questions
Q. How many people are required to form a private ltd company?
Minimum 2 people are required to incorporate a private limited company
Q. How much time it will take to form private ltd company?
From the date of submission of complete required documents, it will take approximately 14 working days to deliver certificate of incorporation in your hand
Q. Who can be a director of a company?
Any person who attends the age of 18 can be director of the company
Q. Is there any address proof required/mandatory for private ltd company?
Yes to incorporate your company latest utility bill along with NOC from property owner in favor of company is required
Q. How many shareholders can be there in a private ltd company?
Minimum 2 and Maximum 200 shareholders can be added in the company
Q. How many directors can be there in private ltd company?
Minimum 2 Maximum 15 directors can manage the show of a company
Q. What is a DSC?
DSC stands for Digital Signature Certificate. It is basically a pen drive containing your signature in a digital form and is password protected.It is mandatorily required to sign the various incorporation applications by directors and shareholders digitally. It is only issued by government authorized agencies.
Q. What are MOA and AOA?
MOA and AOA are charter documents of the company. It defines the business objectives and rules & regulations of the company. It is drafted by our professionals and delivers to you along with Certificate of incorporation
Q. Will you provide this service in my town?
Yes E-StartupIndia is an online platform serving all over India no matters wherever you are doing business all you need is internet connection on your mobile or desktop and we are ready to get your job done.
Q. I am into a job? Can I start my own company?
Yes you can, but do check your employment agreement before starting, it must be having a proper authorization of it
Q. Do I need to physically present for the process?
No, You don’t need to be physically present for the process, E-StartupIndia is an online catering platform all you need is internet connection in your phone/computer and the required documents with you and we can get the job done no matters even if you are present at remotest location of the India
Still have questions?
I you can’t find answers to your questions in our FAQ section, you can always contact us. We will get back to you shortly.
