DPIIT (Start up India )

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Overview

Startup India Scheme, is an GoI initiative that was launched by Prime Minister Shri. Narendra Modi on 16th January 2016, to promote new business leading to employment generation and inclusive growth. The basic aim of this Scheme i.e. Startup India remains the development of business and promotion of innovative ideas.According to Startup India, a startup is defined as those businesses that have been newly formed or have been in existence for 10 years or less. The years of operation matter when it comes to getting registered and recognised as a startup. In the case of biotechnology firms, the limit is 10 years while for all other industries it is 7 years.The Department for Promotion of Industry and Internal Trade under the initiative of Startup India by the Government of India helps the Startups get benefits of self certification and compliance under the 9 environmental & labour laws. The Startups recognised by DIPP can also avail benefits related to the Intellectual Property Rights such as the IPR fast track, etc without obtaining any other license from the Inter Ministerial Board. Furthermore, the firm can also wind up the company if they wish to be under 90 days under the Insolvency & Bankruptcy Code 2016. However, there are many other benefits of getting recognised as a Startup under DPIIT which is discussed in this article, along with the procedure and eligibility criteria as well.
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Documents Required

  • Certificate of Incorporation or Registration of entity
  • If the startup received any funding, the Proof of Funding need to furnish for DPIIT Certificate of Recognition for Startups
  • Document of awards or recognition received by the entity
  • Document of the patent published by the entity (The patent should be published in the patent journals)
  • Board Resolution appointing a member as authorised Signatory for Start up India Recognition
  • Aadhar Card of Authorised Signatory
  • Email id of company

Available packages

Simple & transparent pricing

DPIIT(Startup India Recognition)

Private Limited Company/LLP/Registered partnership Firm

₹ 3,000

  • Preparing a Pitchdeck for Startup India Recognition
  • Application for Startup India Recogntion
  • Followup till the application is approved

Prices are excluding GST


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Service related to DPIIT (Start up India )

GST Registration For Company/LLP

GST Filing- GSTR1 and 3B for 3 months

Annual Compliance Package (Company without GST)

FAQ's on DPIIT (Start up India )

A startup defined as an entity that is headquartered in India, which was opened less than 10 years ago and has an annual turnover of less than ₹100 crores.
Most small businesses take at least 2 to 3 years to be profitable and become truly successful once they've hit the 7 to 10-year mark. Most small businesses take years to be successful, despite the overnight success.
If you have all the documents in order, it will take no longer than 7 working days. However, this is dependent on the workload of the registrar.
Typically, only start-ups that will not be looking for venture capital funding register LLPs. This is because venture capitalists only invest in private and public limited companies.
Yes, it is much cheaper to run an LLP than a private limited company, particularly in your early start-up days. This is because many compliances, such as an audit, apply to LLPs only after their turnover is sizable. Most LLPs spend about half as much as a private limited company in their first year on registrations and compliance work.
Yes, an OPC (One person company) can opt for DPIIT startup india certification as per the rules by authorities.
Once the DPIIT startup registration is completed, entities can download their startup India certificates from the portal.
No, the proprietor needs to be a limited company to be able to avail benefits of the startup India program.
No, startups are not required to have an GST registration.
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