Start-up India Scheme is implemented through the Department of Industrial Policy & Promotions (DIPP), Government of India, intended to build a strong eco-system for nurturing innovation and Startups in the country that will drive sustainable economic growth and generate large scale employment opportunities. The biggest advantage of a startup is that it improves employment in the country as it is the direct result of more and more companies coming up. With the possibility of increased job opportunities, the Indian government has tried to help young companies grow and thrive in the Indian market. The Government through this initiative aims to empower Startups to grow through innovation and design. In order to meet the objectives of the initiative, Government of India is announcing Action Plan that addresses all aspects of the Startup ecosystem. With this Action Plan the Government hopes to accelerate spreading of the Startup movement. The Action Plan is divided across the following areas -

• ·         Simplification and Handholding

• ·         Funding Support and Incentives

• ·         Industry-Academia Partnership and Incubation

Under the Startup India initiative, eligible companies can get recognized as Startups by DPIIT, in order to access a host of tax benefits, easier compliance, IPR fast-tracking & more.

KUBER LIFE is one the leading professional services provider. Submit the required documents and we will assist you with the whole registration process without any delay.

Our Step-By-Step Registration Process

-    Fill Online Application Form
-    Upload Required Documents
-    Make Payment
-    Review of Documents
-    Your Work Is Completed

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Eligibility Criteria for Startup Registration

Company Type
The Startup should be incorporated as a private limited company or registered as a partnership firm or a limited liability partnership.

Annual Turnover
Should have an annual turnover not exceeding Rs. 100 Crore for any of the financial years since its Incorporation.

Company Age
An entity shall be considered as a startup up to 10 years from the date of its incorporation of Company.

Innovative & Scalable
Working towards innovation/improvement of existing products, services & processes or should have the potential to generate employment/create wealth.

Original Entity
Entity should not have been formed by splitting up or reconstructing an already existing business.

Benefits of Startup India Registration

Tax Holidays for 3 Years
A registered startup can avail of an exemption from payment of income tax for three consecutive years out of the first 10 years from the date of its incorporation.

Tender Participation
Startups can apply for government tenders. They are exempted from the “prior experience/turnover” criteria applicable for normal companies answering to govt tenders.

Govt. Funding Opportunity
The government is also giving guarantee to the lenders to encourage banks and other financial institutions for providing venture capital.

Self-Certification Under Labour Laws
A registered startup is allowed to self-certify their compliance under six labour laws. This is allowed for a period of five years from the date of incorporation of the entity.

Self-Certification Under Environment Laws
A registered startup is allowed to self-certify their compliance under three environment laws. This is allowed for a period of five years from the date of incorporation of the entity.

Research and Innovation Benefits
Finally, the most crucial of them all. Startup India also encourages research and innovation among those, who have an aspiration to be an entrepreneur.

Patent Application and IPR Protection
The government also provides lists of facilitators of patents and trademarks. They will enjoy 80% reduction in cost of filing patents.

Documents required

-    REGISTRATION CERTIFICATES 
-    Company Registration Certificates 
-    MOA 
-    Memorandum Of Association Of The Company 
-    AOA 
-    Article Of Association Of The Company 
-    PITCH DESK 
-    Pitch Desk or Detail Profile Of The Company 
-    LLP AGREEMENT 
-    In Case of LLP required LLP Agreement
-    OTHER
-    Other relevant information if any