Startup India Registration Services in Gurgaon

Startup India Registration Services in Gurgaon

Startup India Registration Services in Gurgaon

Startups are booming in India. The government also supports young entrepreneurs in establishing startups. Startups help to boost the country’s economy. A startup is a business that offers innovative products or services that provide solutions to a problem existing in society. A startup may also redevelop a current product or service into something better. We at Sterling Tax Partners help clients with Startup India Registration Services in Gurugram at affordable prices.

Eligibility Criteria Of Startups For Company Registration In Gurgaon

Before diving into the startup registration process, it’s crucial to meet the Ministry of Corporate Affairs (MCA) and DPIIT’s eligibility requirements. Here are the conditions for company registration in Gurgaon:

Company Age

The period of existence and operations should not exceed 10 years from the Date of Incorporation

Company Type

Incorporated as a Private Limited Company, a Registered 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

Original Entity

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

Innovative & Scalable

Should work towards the development or improvement of a product, process, or service and/or have a scalable business model with high potential for the creation of wealth & employment

How Sterling Tax Partners Helps You

1.Start the business in Gurugram

We assist in incorporating your Company, LLP, or Partnership based on your requirements.

2. Creation of Profile 

Our expert team creates a comprehensive profile of your company on the Startup India website, ensuring due diligence.

3. DPIIT Recognition

We file for DPIIT recognition, enabling startups to access benefits like:

  • Tax exemptions for 3 years.
  • Intellectual property services and resources.
  • Relaxation in public procurement norms.
  • Self-certification under labor and environmental laws.
  • Access to funds of funds.

Application for DPIIT recognition will be filed by us only.

5. Certificate Issuance

We follow up with the Department to issue a certificate of recognition as soon as possible. Generally, it takes 5-7 working days after furnishing all the details.

Benefits of Startup India Registration in Gurgaon

  • Tax Exemptions
    Startups can enjoy a 3-year income tax holiday and exemptions on capital gains and investments above fair market value.
  • Ease of Doing Business
    With a streamlined registration process, startups in Gurgaon benefit from minimal bureaucracy, ensuring quick approvals and compliance.
  • Funding Opportunities
    Government initiatives provide financial support, including funds of funds, making it easier to secure venture capital and angel investments.
  • Networking Support
    Gurgaon-based startups gain access to workshops, seminars, and networking events hosted by Startup India to connect with industry leaders.
  • Intellectual Property Benefits
    Startups get a rebate of 80% on patent costs and expedited patent registration, saving time and money.
  • Self-Certification
    Startups can self-certify compliance with nine labor and environmental laws, reducing regulatory overhead.
  • Government Tenders
    Exclusive access to government tenders ensures more business opportunities without the requirement of prior experience.
  • Mentorship and Incubation
    The initiative connects startups to high-quality mentorship programs and incubation centers, providing essential business support.

Documents Required for Startup India Registration in Gurgaon

  • Incorporation Certificate
    Certificate of incorporation or registration issued by the Registrar of Companies (ROC).
  • PAN Card
    PAN card of the business entity and its directors/founders.
  • Founder’s Details
    Profiles of all founders, including their contact details, identity proofs, and Aadhaar cards.
  • Proof of Business Address
    Lease/rental agreement or utility bills like electricity or water bills of the business premises.
  • Business Plan
    A detailed business plan or pitch document explaining the startup’s goals, products/services, and growth strategy.
  • Recommendation Letter
    A letter of recommendation from an incubator or recognized industry association.
  • Financial Documents
    Bank account statements and details of funding raised (if any).
  • Intellectual Property Details
    If applicable, proof of intellectual property rights such as patents, trademarks, or copyrights.

By leveraging Startup India benefits and ensuring the proper documentation, entrepreneurs in Gurgaon can efficiently navigate the registration process and position their businesses for growth.

Things To Know

Q1: Who can register with Startup India registration in Gurugram?

An entity incorporated as a Private Limited Company, Partnership Firm, or Limited Liability Partnership can register themselves under the Startup India scheme. The annual turnover of these business entities should not exceed Rs.100 crores, and they should have been in existence for up to ten years from the date of their incorporation/ registration. Such an entity should be working towards innovation, development, or improvement of products services, or processes.

Q2: What are the benefits of signing up with Startup India registration in Gurugram?

There are a number of benefits startups receive under the Startup India Initiative. Nevertheless, in order to avail of these benefits, an entity needs to be recognized by the DPIIT as a startup.

Startups are allowed to self-certify their compliance with six labor laws and three environmental laws. This is allowed for a total period of five years from the date of incorporation/registration of the entity. Startups are allowed a three-year tax exemption and the best intellectual property services and resources are solely built to help startups protect and commercialize their IPRs.

Q3: What kind of business structure should I choose for my startup in Gurugram?

The most preferred business structures for a startup are Private Limited companies and LLPs. A Private Limited company is legally recognized and generally favored by investors. However, it has stricter compliance and may have a higher cost of incorporation.

Whereas incorporation cost is lower for LLPs and they tend to have relaxed compliance in comparison to the Private Limited Companies. In addition to that, LLPs have limited liabilities and are equally recognized by investors all over the world.

Q4: What can I do to attract investors to a start-up in Gurugram?

To attract investors, not only do you need a stellar product with a scalable model, but you also need visibility. Make sure that your product receives healthy engagement and transactions. You’ll need to register your startup on Startup India and proactively seek out investors. Make sure you can communicate your business idea effectively to the investor and the sustainability of your business model.

Q5: Can a foreign company register under the Startup India hub in Gurugram?

Any entity that has at least one registered office in India can register itself on the hub, since the location preferences, for the time being, are only created for Indian states. However, soon the government hopes to start registrations for stakeholders from the global ecosystem too.

Q6: How do I know my registration for Startup India is complete?

Once the application is complete, and the startup gets recognized, you will receive a system-generated certificate of recognition. You will be able to download this certificate from the Startup India portal.

 Q7: How long does it take to get Startup India recognition in Gurugram?
Generally, it takes around 2-4 weeks for the Startup India recognition certificate to be issued.
However, the duration may vary depending on the completeness of the application and the concerned authority.

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