Start-up is a business that has an association of person or a group of few people that manage to solve the problems related industry. Basically, the formation of such a start-up can be seen on the grounds when the founders of any existing company find the problems in the existing system of a company and intend to resolve such problems by creating a new company or entity of their own. Moreover, a start-up registration can be done when the founders of the company come up with a potentially great idea or they might come to the conclusion that the start-ups provides services currently exist in inferior or does not want to sustain it further.
Start-up is a business that has an association of person or a group of few people that manage to solve the problems related industry. Basically, the formation of such a start-up can be seen on the grounds when the founders of any existing company find the problems in the existing system of a company and intend to resolve such problems by creating a new company or entity of their own. Moreover, a start-up registration can be done when the founders of the company come up with a potentially great idea or they might come to the conclusion that the start-ups provides services currently exist in inferior or does not want to sustain it further.
ANY COMPANY WITH THE FOLLOWING FEATURES FALLS INTO THE CATEGORY OF STARTUP AND IS ALSO ELIGIBLE TO AVAIL THE BENEFITS OF DPIIT
Company’s Date of Incorporation should not exceed 10 years
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.
Business has less than 25 crores per year turnover
The business should be new it must not be the result of split or restructure of an already existing business.
The startup should be working towards innovation or development of new products or services or is working in the direction of improvising an existing one.
Obtaining certificate from the Inter-Ministerial Board is essentially required; the Board is set up by the DIPP (Department of Industrial Policy and Promotion).
A Letter Of RecommendationIt is essential to submit a letter of recommendation accompanying with a registration form
Registration CertificateIt is essential for you to upload the certificate of incorporation of your company/LLP (Registration Certificate in case of partnership)
img A Brief Description of Your BusinessProvide a quick description of the innovative nature of your business.
PAN CardPAN Card of your business
Constitutional documentsMOA & AOA in case of company and Partnership deed in case of LLP or Partnership Firm
List of Directors, DP's and MembersList of Directors or Designated partners or members along with their photographs and contact details
