7 Steps To Register Your Startup In India

Want to convert your innovative idea into a recognized Startup In India? But the question arise in your mind is that How to Register a Company in India? 

DPIIT provides a supportive framework for new businesses, and registration is your gateway to a world of benefits.  

Here is the step-by-step guide on Startup India registration: 

1. Incorporate Your Business 

Structure Selection: Select the kind of legal structure that works for you. You can incorporate it company in India in one of the following entities: 

1. Private Limited Company: 

   Private Limited Company Registration offers limited liability protection to shareholders. 

2. Partnership Firm:

    A simple structure for at least two individuals to engage in business. 

3. Limited Liability Partnership (LLP):

   Limited Liability Companies combine the merits of a partnership along with having the limitation of liability. 

4. Complete the registration process: 

   It entails obtaining the Digital Signature Certificate (DSC), Director Identification Number (DIN), and registration with the Ministry of Corporate Affairs (MCA).1 Draft a Memorandum of Association (MoA) along with Articles of Association (AoA) of your company outlining your intended objectives, and rules along with the aims of the company. 

2. Create a Startup India Profile: 

Register Your Startup on the Startup India website & Login and click 'Register'. 

1. Company information: 

   Please enter company registration details like the name of your company, registration no, date of incorporation, and more. 

   
   

2. Upload certificates:

   Prepare and then upload supporting documents, which may include your company registration certificate and PAN card. 

3. DPIIT Recognition 

Why DPIIT recognition is crucial: Recognition from the Department for Promotion of Industry and Internal Trade (DPIIT) is essential for accessing benefits under the Startup India scheme. DPIIT Registration includes Startup India Tax exemptions, simplified compliance procedures, and access to government funding programs. 

Eligibility check: Ensure your company meets the eligibility criteria mentioned earlier in this blog post. 

4. Complete the DPIIT Registration Application: 

Download application form: Login to your Startup India account and go to the section of DPIIT registration. 

• Deliver complete information: 

  Apply using the filled-in application form, giving accurate information about your business, such as products or services, the revenue model, and future plans 

• Elaborate on innovation:

  Describe how your business is innovative and scalable. This can include a new product, a unique service, or a groundbreaking business model. 

  
  

5. Collect Documents and Submit 

• Gather supporting documents: All important document gather will include: 

• Certificate of Incorporation 

• Memorandum of Association (MoA) 

• Articles of Association (AoA) 

• Business plan with detailing innovation and scalability 

• Proof of concept, in case 

• Patent applications, if any 

  
  

Upload Documents:

Through the applicant's profile, the documents would upload to the Startup India portal. 

6. Obtain Your Recognition Number: 

1. Application scrutiny:

   DPIIT would scrutinize the applicant's documents and application. 

   
   

2. Recognition number: 

   Upon approval, you will receive a unique recognition number. This confirms that your Startup Registration stands recognized under the scheme of Startup India. 

   
   

7. Identify and Utilize Benefits available at Startup India: 

1. Income Tax benefits:

   By Section 80-IAC of the Income Tax Act of the Indian Government the registered startup can Obtain Tax Exemptions for three consecutive years. 

   
   

2. Simplified compliance:

   Take advantage of self-certification under various labor and environmental laws. 

   
   

3. Intellectual Property Rights (IPR) fast-tracking:

   Receive expedited patent applications and receive rebates in fees. 

   
   

4. Access to funding:

   Access government schemes on Fund of Funds, Seed Funding and connect to Angel Investors and venture capitalists. 

   
   

5. Incubation and mentorship:

   benefit from incubation programs and mentorship from experienced entrepreneurs 

   
   

6. Networking opportunities: 

   connect with the start-ups of other producers and industry leaders by attending events and workshops organized by Startup India. 

Proceeding with these simple steps, you can get your startup registered successfully in India. Startup Consultancy companies Like StratupFlora helps in Registration under Startup India,  it will assist you in receiving several benefits like Online Tax Exemption. It should be known that registering your startup is only the starting point for an exciting new journey. With proper dedication, innovation, and apt support, you can contribute to the growing startup ecosystem in India and take that crucial leap toward fulfilling your entrepreneurial dreams. StratupFlora works as a supporting system with expert guidance in the journey of Startup India Registration.