Startup India Registration in Nungambakkam - Filingpoint


Welcome to Filingpoint Greatest team For Startup India Registration Expert +91 72999 72500

The Government of India has launched the Startup India program to encourage innovation and entrepreneurship in the country. This initiative offers a range of advantages and recognition to startups that meet certain criteria. However, to gain recognition under the program, startups must register their business with the government.

To be eligible for Startup India Registration, companies must be incorporated as a private limited company or registered partnership firm, and have a turnover that does not exceed Rs 100 crore in any financial year since the date of incorporation/registration. In addition, the entity should be working towards development or improvement of products, processes, services or scalable business model with high potential for wealth creation and employment generation. The business must also not have been formed by splitting up or reconstructing an existing business.

After meeting the above requirements, a business can apply for recognition as a Startup on the government's official website. The application must include a letter of recommendation, an overview of the company's product or service, and a short write-up on how the business is working towards innovation in the industry. Once the application is complete, it will be reviewed by the Department for Promotion of Industry and Internal Trade (DPIIT).

After receiving recognition, a Startup can take advantage of tax benefits including Income Tax exemption under Section 80 IAC. Additionally, startups are allowed to self-certify compliance with six labor laws and three environment laws.

Contact Filingpoint Startup India Registration Expert +91 72999 72500

 

Comments

Post a Comment

Popular posts from this blog

How to Run Software Company Registration in Adiramapattinam, Thanjavur

Image
Call our filing point expert at +91 72999 72500 or visit https://filingpoint.com   Introduction   Starting a software company in Adiramapattinam, Thanjavur, can be an exciting venture, and with the right guidance, the process can be smooth and straightforward. Filingpoint, with 14 years of experience in company registration , offers an excellent service to help you navigate this journey.   Step 1: Choose a Company Name Your company name should be unique and comply with the naming guidelines provided by the Ministry of Corporate Affairs (MCA). It’s wise to have a few alternatives in case your preferred name is already taken.   Step 2: Obtain Digital Signature Certificate (DSC) A Digital Signature Certificate is required for the directors to sign the electronic documents. Filingpoint can assist in obtaining the DSC for your directors quickly and efficiently.   Step 3: Apply for Director Identification Number (DIN) Every director must hav...
Read more

Expanding Your Business: How LLPs Facilitate Easy Admission of New Partners

Image
Call our filingpoint experts at +91 72999 72500 or visit https://filingpoint.com Introduction: Expanding your business can be a seamless process with the right structure in place. Limited Liability Partnerships (LLPs) offer a flexible and efficient way to admit new partners, enhancing your company's growth potential. Filingpoint's comprehensive service streamlines the process, ensuring all legal and administrative requirements are met with ease. Discover how LLPs can facilitate your business expansion and simplify the integration of new talent.   Expanding Your Business: How LLPs Facilitate Easy Admission of New Partners:   As the name suggests, an LLP is a partnership with the added benefit of limited liability. The structure is popular among professional groups like lawyers, doctors and accountants who pool their resources, experience and clients to save on overhead costs. The organization also provides tax benefits, as it is a pass-through entity for federal ta...
Read more

How to Run Software Company Registration in Jolarpet, Vellore

Image
Call our filing point expert at +91 72999 72500 or visit https://filingpoint.com   Introduction   Starting a software company in Jolarpet, Vellore, can be a rewarding endeavor, given the region's growing focus on technology and development. The first step towards making your dream a reality is company registration , a crucial process that ensures your business is recognized as a legal entity.   How to Run Software Company Registration in Jolarpet, Vellore   Filingpoint offers a comprehensive solution for this process, charging a modest fee of Rs 999/- for company registration and providing free consultation services, leveraging their 14 years of experience in the field. This invaluable guidance simplifies the complexities involved in registration, making it accessible even for first-time entrepreneurs.   To begin the registration process, you need to gather the necessary documents, which typically include proof of identity and address for...
Read more