Startup India Registration

Government of India has introduced the Startup India scheme in 2016. The primary motive of this scheme is to promote the growth of start-ups in India. Under this scheme government has taken several vital steps for building a robust startup ecosystem and making India a country of job creators instead of job seekers. Department for Industrial Policy and Promotion (DPIIT) manages the programs under Startup India Scheme. The startup India registration process has broadened the scope of development by creating job opportunities in the Indian economy.

A startup is a recently settled business, normally small which is started by single or group of people. What separates it from other new organizations is that a startup offers another item or service that isn’t being given somewhere else similarly. The motives are innovation development

Any company with the following features falls into the category of Startup and is also eligible to avail the benefits of DPIIT

  • Type of Company: Either your company is a Private Limited Company under the Companies Act, 2013 or is registered under Indian Partnership Act, 1932 as a Partnership Firm or is registered under the Limited Liability Partnership Act, 2008 as a Limited Liability Partnership Firm.
  • Turnover Limit: The Company should have an annual turnover which shall not exceed Rs. 100 crore since its incorporation for any of the financial years.
  • New Business Entity: The business should be new it must not be the result of split or restructure of an already existing business.
  • Innovation Friendly: The startup should be working towards innovation or development of new products or services or in the direction of improvising an existing one. The business model should be highly potential with the purpose to create wealth & generate employment.
  • DIPP Certificate: Obtaining certificate from the Inter-Ministerial Board is essentially required; the Board is set up by the DIPP (Department of Industrial Policy and Promotion).

Benefits:​

India’s largest online entrepreneurship platform allows startups to network, access free tools & resources and participate in programs & challenges.

You can use Startupindia’svast online directory to connect with other stakeholders in the Indian Startup Ecosystem