What Finology Offers:

We take required documents from you
Scrutinise and prepare the documents
Draft the necessary explanations and file your application

What is Start Up India Registration? 

Start-up India is one of the many brilliant steps taken by the government of India to promote entrepreneurship and self-employment. Also known as DIPP registration, it was launched in 2016 to enhance generation of new ideas, stimulate economic growth and reduce dependency for employment on the government. It helps new businesses grow and survive in the long run by reducing legal compliances and providing tax benefits.

Who can take DIPP Registration?

  • Entity should be Incorporated as either a Private Limited Company or a Registered Partnership Firm or a Limited Liability Partnership (LLP). Therefore, individuals, Hindu undivided family (HUF), trusts, etc. are ineligible to get registered.
  • Turnover for any year must not exceed Rs 100 Crores for any of the financial year since incorporation.
  • Entity should not have been formed by splitting up or reconstruction of a business already in existence.
  • Entity should Work towards innovation, development or improvement of products or processes or services, or must be capable of high employment generation or wealth creation.
  • The entity must not be older than 10 years.

Benefits of Registration as a Start-up

  • On successful registration as a start-up your company will be allowed to self-certify with 9 labor and environmental laws.
  • No scrutiny or inspection will be conducted on your premise for the said period.
  • Trademark and Patent applications filed by registered start-ups are given preferential treatment with rebate in filing fee.
  • Public procurement fast-tracked for startups in all central government ministries and departments for ensuring easy availability of funds.
  • Simplified Winding up of company (within 90 days) under insolvency & bankruptcy code, 2016.
  • An alternate investment fund is set up by the government with a budget of INR 10,000 crores for investment in start-ups to boost their growth.
  • Income tax exemptions for a period of three years (separate application is filed).
  • Tax Exemption on capital gain and on investments above fair market value.
  • INR 2000 Crore credit guarantee fund for startups through National Credit Guarantee Trust Company/ SIDBI over 4 years.

Documents Required for Start-up Registration

  • Certificate of incorporation or registration of the Company/LLP/Partnership firm
  • Any awards or recognition by any entity (optional)
  • A brief about your startup explaining -
    • What is the problem the startup is solving?
    • How does your startup propose to solve this problem?
    • What is the uniqueness of your solution?
    • How does your startup generate revenue?

Advantages of Choosing Finology

Quick & Efficient

Utmost attention given to details. Ready to use templates. Saves time. Minimizes costs.

Convenient & Transparent

Access to requisite information at any time of the day. Just a click away.

End-to-End hand-holding

Client communication at the core. Professional and efficient handling of client's information because a happy client is the best referrer.