Choose the right path for your business by consulting our business incorporation experts. Take your first step today.
Startup Registration in India refers to registration of a business entity, be it a company,an LLP, a partnership firm, under the flagship of startup India initiative.
By registering your business in India as a startup, you will get several benefits of startup India registration. these benefits range from getting access to government schemes to exclusive consideration when it comes to government projects.
We have come so far in terms of the sheer number of entrepreneurs that we don’t remember much before the introduction of startup India. Through the emergence of start-ups, there are opportunities of revenue and growth in multiple sectors. Right now, startup registration in India has paved the way for more innovation, more revenue and more hope for the future.
When you start a company that is just a budding venture, it is referred to as a startup. When you start a company in India, you take your first steps towards the world of business. A start-up doesn’t have access to a lot of finance. However, it has all the necessary ingredients of a recipe that can create a successful business:
And based on these three factors, it can grow. However, the government has noted the potential of such budding companies. Therefore, you can now register a startup in India under the many schemes of the government.
Why you should register a startup in India?
Registering your startup in India makes your business receptive to the many benefits of startup registration. Some of them include the following points.
These benefits when you register with startup India are a sure way to get that initial push you need to grow your business. Furthermore, the perks of registration under startup India that we have explained to you here are just the tip of the ice-berg. There are many other advantages to be had once you obtain the startup certificate registration. But to know about them, you first have to find out whether you are eligible for registration for a startup in India.
The government of India has not put any boundaries on which type of entities can register as a startup:
Startup India registration for a proprietorship is not possible because the entity is not registered under any government regulation. Thus, if you have a sole proprietorship firm that you want to incorporate as a startup, contact us to convert it into a One Person Company.
Following points constitute of the Startup India registration eligibility criteria:
You must first obtain the certificate from the inter-ministerial board: The applicant should have obtained certification from Inter-Ministerial Board Setup.