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Can a private limited company register under Startup India?

1. Eligibility Criteria for Startup India Registration

  • Must be registered as a Private Limited Company, Partnership Firm, or LLP
  • Must be a new entity, not older than 10 years from the date of incorporation
  • Turnover must not exceed ₹100 crore in any financial year since incorporation
  • Must be working towards innovation, development, or improvement of products, services, or processes
  • Should not be formed by splitting up or reconstructing an existing business

2. Required Documents for Registration

  • Certificate of Incorporation from the Registrar of Companies (ROC)
  • PAN of the company
  • Details of directors, shareholders, and core business activities
  • A brief description of how the startup is innovative or scalable
  • Website, product information, or pitch deck (if available)

3. DPIIT Recognition Process

  • Apply through the Startup India portal
  • Fill in business details and upload supporting documents
  • Once reviewed and approved, a DPIIT Recognition Certificate is issued

4. Benefits of Startup India Recognition

  • Income tax exemption for 3 consecutive years under Section 80-IAC
  • Exemption from Angel Tax under Section 56(2)(viib)
  • Fast-track patent application and IPR protection support
  • Easier public procurement norms and access to government tenders
  • Networking, funding, and incubation support through the Startup India network

5. Post-Registration Compliance

  • Maintain regular compliance as a private limited company
  • File income tax returns and financial statements annually
  • Update DPIIT about significant changes in business or status if required

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