Startup India Registration Online in Bangalore

Startup India Registration in Easy 7 Steps with StartupsFiling

We at StartupsFiling are delighted to have entrepreneurs as your trustworthy advisors as you navigate the dynamic landscape of registering and growing an Indian startup business. The Indian Government’s Startup India registration program aims to promote entrepreneurship and assist innovative startup businesses in Bangalore. India-Based Startup. In addition to being mandated by law, registering is a thoughtful choice that can have numerous advantages for your startup. By providing financial incentives, tax benefits, and expedited compliance procedures, this initiative aims to assist startups in growing and achieving success. 

Our professionals will help you understand the prerequisites and the many benefits of signing up with Startup India so you can make wise decisions about the direction of your company.

StartupsFiling is committed to helping you realize the full potential of your startup business and succeed in the competitive market of today with our Startup India Registration services. Every entrepreneur ought to have the chance to be successful, in our opinion. Why do you wait? Utilize StartupsFiling, this ground-breaking program, to create and expand your startup company. 

Benefits of Startup India Registration 

StartupsFiling is quite proud of its experience and expertise in assisting newly registered businesses with their registration. Our tailored solutions are created to meet your particular business needs, ensuring a straightforward registration process. We have a history of satisfied customers and successful registrations, so you can count on us to be your devoted companion on this exciting journey. 

The Startup India initiative offers various significant benefits to enrolled businesses, including:

1. Easy Access to Funds: The Indian government established a fund of Rs. 10,000 crores to provide venture capital to companies. To incentivize banks and other financial institutions to offer venture capital, the government also provides guarantees to the lenders. 
2. Tax Savings for Investors: Investors who place their capital gains into government-established venture funds are exempt from capital gains taxes, which will aid all startups in luring in more cash.
3. Income Tax Exemption: During their first ten years following incorporation, qualifying startups may be spared from paying income tax for three consecutive financial years or fiscal years.
4. Applying for government tenders is easy for startups in Bangalore. They are not subject to the turnover or prior experience requirements that apply to regular companies that submit applications for government tenders. 
5. Trademark and patent filing rebates: Under the Startup India Registration Scheme, startups can file for patents with an 80% refund and trademarks with a 50% reimbursement.
6. Simple Winding Up: Under the IBC, 2016, winding up a company is a pretty simple process that takes 90 days.
7. Less stringent Public Procurement Regulations: DPIIT-approved startups are eligible to have all public procurement regulations for government ministries, departments, and public sector enterprises loosened. 

Use StartupsFiling’s Startup India registration services to turn your business idea into a reality. Together, let us go on this thrilling adventure!

Benefits you can enjoy with our services 

Choosing StartupsFiling for your Startup India Registration requirements will provide you with devoted assistance from the beginning to the end. Our staff is dedicated to processing your registration in a fast and effective manner so you may begin taking advantage of Startup India’s benefits right away. We can support you at every step of the process, whether you need help with post-registration perks or advice on business expansion and compliance.

1. Assessment and consultation: egistration. We will walk you through the requirements for eligibility and assist you in understanding the paperwork needed for the registration procedure.
2. Help with Documentation: Getting through the paperwork might be difficult. In order to ensure compliance with Startup India rules, we’ll help you prepare and arrange all the required documentation, such as business plans, incorporation certificates, and proof of innovation.
3. Filing Applications and Following Up: We will take care of submitting your application to the Department for Promotion of Industry and Internal Trade (DPIIT) as soon as your paperwork is in order. Our staff will closely monitor the status of your application and swiftly respond to any questions or requests from the authorities.
4. Support for Compliance: We will assist you in meeting Startup India’s compliance requirements after you have registered. From filing annual reports to utilizing rewards and incentives, we will make sure you stay in compliance with the law and take advantage of all the prospects for your startup.
5. Post Registration Assistance: In addition to registration, we provide a number of other services designed to accommodate your startup’s changing requirements. Our team is here to offer continuous help and direction for any task, including negotiating regulatory changes, scaling your operations, and obtaining funding.

Simplifying Startup India Laws 

in Bangalore, startups are flourishing. The government also helps young people who want to start their businesses. Startups contribute to the nation’s economic growth. A startup is an enterprise that delivers cutting-edge goods or services that address societal problems. A startup might also improve upon an existing product or service through redevelopment. 

The goal of the Indian Government’s Startup India project is to create a robust environment that will support innovation and startups in the nation, promoting long-term economic growth and creating a significant number of job opportunities. The government hopes to help startups grow through innovation and design through this project.

Since its introduction in 2016, the programme has played a significant role in fostering innovation, generating employment opportunities, and developing a strong startup ecosystem in Bangalore. The government has taken several significant actions under the Startup India program to assist and elevate companies and create an atmosphere that allows business owners to prosper. The management of the Startup India Scheme’s projects and programs is mostly the responsibility of the Department for Industrial Policy and Promotion (DPIIT). 

Do not pass up the fantastic chances that Startup India Registration presents. To register your startup and begin the journey to fulfilling your entrepreneurial goals, click the link below. Have inquiries or require additional details. 

What Are the Eligibility Criteria for Startup India Registration?

An Indian government program called Startup India Registration aims to encourage innovative startup businesses and entrepreneurship in Bangalore. Your startup company must fulfil the requirements outlined below in order to be eligible for Startup India Registration, as established by the Government of India: 

Below is a comprehensive explanation of the prerequisites for eligibility under the Startup India Scheme:

• Applicant Age: The program is open to all Indian citizens who are at least 18 years old.
• Firm Age: The maximum age of the company should be ten years from the date of incorporation.
• Company Type: A partnership firm, private limited company, or limited liability partnership (LLP) should have been the company’s incorporation type.
• Annual Turnover: Since incorporation, the company’s turnover has not exceeded Rs. 100 crores in any one financial year.
• Original Entity: Rather than dismantling or rebuilding an already-existing company, the promoters should have founded the entity in the first place.
• Innovative & Scalable: The startup should have a strategy for creating or enhancing a good or service, as well as a scalable business plan with a significant chance of generating income and jobs.

Businesses that are in the process of creating a new good or service are eligible for rewards under the Startup India initiative, provided they meet the following requirements:

• Startups that care about this issue should endeavour to create, implement, or market any good or service that utilizes cutting-edge technology or intellectual property.
• To increase consumer value or workflow, startups should strive to develop new products or enhance already-existing ones.
• The only focus of startups must be on creating and marketing a novel product that adds value to customers or streamlines operations.

Startups must have approval for registration and approvals from the Department for Promotion of Industry and Internal Trade (DPIIT) following the following standards:

• An incubator recommendation from any post-graduation college.
• A suggestion from a Central Government-approved incubator.
• A patent in the particular field of the good or service that has been submitted and published in the Indian Patent Office Journals.
• SEBI registration for businesses offering equity and finance services.
• A letter of support for any program to encourage innovation from the state or federal governments.
• Regarding partnership startups, 51% of the shares should be owned by women or individuals in the Scheduled Caste and Scheduled Tribe categories. Additionally, they should not have defaulted on any credit payments.

Who is not eligible for Startup India Registration?

The following are not eligible for Startup India Registration

1. Sole Proprietorship;
2. Firm constitute by the Notary Partnership Deed;
3. Company is older than ten years;
4. If the annual turnover of the company is more than Rs. 100 crores.

Step-by-Step Guide for Startup India Registration

Here we have explained all the steps for Startup India Registration in detail for your better understanding:

Step 1: Incorporate your Business

You must first incorporate your business in any form that you desire. It can be a Private Limited Company, Partnership firm or Limited Liability Partnership. For this, you need to submit the required documents and fees to the Registrar of Companies (Also known as ROC) along with the registration application.

Step 2: This step involves registering your business with Startup India

Step 3: Now that the business has been registered under Startup India, get your DPIIT Recognition (also known as the Department for Promotion of Industry and Internal Trade). Startups that receive this recognition can benefit from several initiatives, including easy access to funds, relaxation of public procurement regulations, self-certification under labour and environmental laws, tax exemption for three years in a row, and tax exemption on investments over fair market value.

Step 4: Get your recognition number from the authorities.  

Step 5: Finally, when applying, you will get your recognition number for your business startup. After that, the certificate of recognition will be issued once RoC examines all your documents. 

What is the checklist for Startup India Registration?

Here is the checklist for Startup India Registration: 

• Certificate of Incorporation / Registration
• PAN card of the Company/LLP/Firm
• Memorandum of Association (MOA) and Articles of Association (AOA) of the Company
• LLP agreement or Partnership deed (For Firm and LLP)
• Link to website, Mobile Application, Videos, Pitch deck, YouTube Channel, Trademark and Patent details, etc.
• Annual Accounts of the Startup, along with Income tax returns certified by CA (optional)

Explore Our Package Inclusions for Startup India Registration 

Our streamlined registration process begins with examining your eligibility and requirements during our initial consultation and assessment, which kicks off our expedited registration procedure. After that, we will take care of every part of document preparation, submission, and communication on your behalf with government agencies. You may be confident that we will offer continuous assistance and direction, assisting you in easily completing any post-registration needs.

1. Initial Consultation: We start our journey by having a conversation to ascertain your StartUp India requirements. We help our clients choose suitable firm names, understand eligibility restrictions, and create comprehensive partnership agreements that comply with all legal requirements. 
2. Preparation and Filing of Applications: We help with the proper preparation and submission of applications for trademarks. Our dedication to precision and compliance with legal mandates guarantees that all paperwork is finished correctly, sparing our clients time and effort.
3. Application Submission: We take care of the complete application submission process for Partnership Firm registration to the appropriate authorities. We handle following up with authorities, submitting all completed application forms and supporting documentation, and serving as a client interface with regulatory organizations.
4. Follow-up and Compliance Assistance: Lastly, we make sure that our clients stay informed and comply with all post-registration obligations with our follow-up and compliance assistance service

Don’t let paperwork and bureaucracy get in the way of your entrepreneurial goals. Join forces with StartupsFiling and allow us to assist you in streamlining the Startup India registration procedure. Make an appointment for a meeting with us right now to get started on the path to realizing your dream of a profitable startup.