Startup India Registration Benefits and Process

Startup India is a flagship initiative by the Government of India to build a strong ecosystem for startups. Getting recognized under this scheme opens doors to numerous benefits including tax exemptions, funding support, and simplified compliance.

What is Startup India?

Launched in 2016, Startup India aims to promote innovation and entrepreneurship. DPIIT (Department for Promotion of Industry and Internal Trade) recognition certifies your entity as an eligible startup under this initiative.

Eligibility Criteria

• Entity registered as Private Limited, LLP, or Partnership
• Age of entity should be less than 10 years from incorporation
• Annual turnover not exceeding ₹100 crores in any financial year
• Working towards innovation or improvement of existing products/processes
• Entity should not be formed by splitting or restructuring existing business

Key Benefits

• Tax Exemption: 3-year income tax exemption under Section 80-IAC
• Self-Certification: Compliance under 6 labor and 3 environmental laws
• Easy Patent Filing: 80% rebate on patent filing fees
• Fund of Funds: Access to ₹10,000 crore government fund
• Government Tenders: Exemption from prior experience requirement
• Easy Winding Up: 90-day simple exit process

Registration Process

Register on the Startup India portal (startupindia.gov.in) with your business details, describe your innovation, and upload required documents. Recognition is typically granted within 48 hours of application.

Documents Required

• Certificate of Incorporation/Registration
• Brief description of your innovation
• Website or mobile app details (if any)
• Pitch deck or business presentation
• Director/Partner details with PAN and Aadhaar