How to Register a Startup Company in India

Startup Registration

In today's business world, the term "startup" is useful. It is the term or plan used to describe the DPIIT initiative, which is part of the Make in India initiative and aims to help and support entrepreneurs as well as facilitate the startup ecosystem by providing a number of exemptions, subsidies, and other benefits.

This Startup India portal assists in numerous ways and aims to promote innovative and original Indian startups. Hurry up register your startup with us today. We provide Startup Registration at affordable prices.

What Is A Startup?

New businesses that are started by one or more people are called startups. A startup could be started for one of two reasons:

To offer a product or idea for which no one else has the copyright or patent previously To innovatively redevelop existing facilities or products If you are planning to start a business, the following questions may bog you down:

If the startup is still in its nascent , does it have to be registered?

Startups that provide technological, agricultural, or legal services must they register?

Yes is the answer to these questions. To receive a variety of government benefits, you must register your business under the "Startup India" program in accordance with India's basic startup guidelines. Tax exemptions, simpler compliance, and additional assistance are among these benefits.

Startup Registration

What are the requirements to register your startup?

1. Company Age : From the date of incorporation, the company should be in business for no more than ten years.

2. Business/Company Type: incorporated as a Limited Liability Partnership, a Registered Partnership Firm, or a Private Limited Company.

3. Annual Turnover: should not exceed in annual revenue. 100 crores for any of the company's fiscal years since it was founded.

4. The Original Being: It should not have been possible to create an entity by dissolving or reorganizing an existing business.

5. Creative and adaptable: should work toward the creation or enhancement of a product, process, or service and/or a scalable business model with high employment and wealth-creating potential.

Benefits of startup registration:

  • Self-Certification
  • Ease in Registration through Mobile APP
  • Reduction in costs
  • Easy access to capital
  • Tax exemption for 3 years
  • Applying for government tenders

Why should you register your business?

  • Your company will be able to attract more customers
  •  Ensures stability and greater capital contribution 
  • As a separate legal entity, your company can sue or be sued in its name. 
  • Transferring ownership is not possible until your company is registered. 
  • Directors of the company will receive tax benefits. 
  • The name of the business visionary won't be utilized here
  • You can extend your scope internationally
  • As a legal entity, your organization can get bank credits and ventures from dependable financial backers without any problem.

How Can My Financial Advisory Support You?

My Financial Advisory provides you with cost-effective assistance in establishing your company's legitimacy. You don't even need to visit us in person. Simply scan and send us the aforementioned documents, and we will take care of the legal formalities and compliance. In addition to ensuring that you receive your PAN and TAN as well as your Certificate of Incorporation (CoI), our skilled team will offer you legal counsel. After that, you can start operating your business and open a current bank account.

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