The Indian startup ecosystem is booming, and the government gives it a boost through its policy in the Startup India scheme Startup India.
This is the treasure chest of benefits-simplified registration for startups to generous tax exemptions. But how does one unlock this treasure chest and launch an entrepreneurial career with a bang? Well, let's get cracking!
Why Register under the Scheme of Startup India?
It will give innovation in healthy ways and aid in bringing growth in a startup-friendly atmosphere. Now, let's see how the registration of a startup under the Startup India scheme really goes on to be an ultimate game-changer. Well, it gets simpler these days with such streamlined procedures so user-friendly, letting your business rolling roll out.
DPIIT Recognition: One can avail DPIIT Registration of Department for Promotion of Industry and Internal Trade, to derive a myriad of benefits, incentives, etc.
Startup India certificate: It is, as it were, the golden pass to a whole lot of benefits, tax breaks and government programs, and more.
Tax exemption: This is one of the biggest advantages! Get tax exemption online for a particular period, which gives your startup the much-needed breathing space financially. Startup India tax exemption can be a game-changer for early-stage companies.
Access to resources: Connect with mentors, incubators, and funding opportunities, which give your startup the support it needs to thrive.
Process to Apply for Startup India Registration
Register your business: register your business as a Private Limited Company, Partnership firm, or Limited Liability Partnership.
Fill-up the application: Fill in the form along with every basic information about your startup such as your company name, registered address, contact number, etc.
Upload documents: You need to upload the following documents like certificate of incorporation/partnership registration, PAN card and description of your innovative product or service.
Self-certify: You would declare that you qualify for Startup India registration.
Recognition number: Once your application gets accepted, you would obtain a unique recognition number stating that you are registered under the Startup India scheme.
Under the Benefits of Startup India Registration
Tax advantage: Get tax exemption online and more fiscal incentives that give a massive momentum to your startup.
Streamlined compliance: Obtain self-certification under the different labor and environmental acts.
IPR rapidness: Get instant patent filings as well as rebates from patent fees.
Funding access: Tapping in the investors as well as funds allocated by the government.
Access to network events: Networking via other events and workshops with potential partners and influencers of this sort.
Startupflora: Partner to successful startup.
Navigation in startup registrations and laws is full of complications and perplexity. That is exactly what Startupflora comes along for a professional, committed start-up consultancy designed to meet the needs and answer your queries about Startup India registration or tax exemption, FSSAI Registration, LLP registration or seed fund.
At Startupflora, we are focusing on what matters-most importantly, making your dream startup a reality. Call us today to let the full potential of the scheme Startup India unfold into the successful wings of entrepreneurship!
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