The government of India launched the Startup India initiative in 2016 with an ambition to build a strong ecosystem for innovation and entrepreneurship in the nation. After registering with the Startup India Platform, one can avail of benefits and incentives.
Several advantages like access to funding opportunities, tax exemptions, easy compliance, and a team of mentors and investors to guide and access government schemes. Certain eligibility criteria should be met to register on the platform.
Decoding the Procedure of Startup India Registration in Gurgaon
India’s high powered economy, combined with complimentary policies, has turned the nation into a thriving hotspot for startups. This all-inclusive article will help you to guide and navigate through the complexities of the Startup Registration in Delhi, teaching you an in-depth comprehension of the procedures and the advantages it presents.
Steps for Startup India Registration in Gurgaon
Step 1 : Visit (https://www.startupindia.gov.in/) and click on “Register”.
Step 2: Fill the required details, including the name of your startup, its business model etc.
Step 3: (Document upload) Uploading the required documents, including a certificate of registration, and a brief about your startup.
Step 4: (Submission) Submit the application and wait for approval (4-5 weeks) from the Startup India team.
Step 5: Once approved, a recognition certificate will be sent and you can take advantage of the benefits offered by Startup India.
Essential Document for Startup India Registration in Gurgaon
- Partners/Director details (Name, contact number, email id, address, Company Details etc)
- Registration Certificate and PAN Card /Incorporation Certificate
- Company Details (Industry, Regd. Office Address, sector)
- Authorized Representative details, Business product, services and innovations, Revenue model and product uniqueness
Benefits of Startup India Registration in Gurgaon and Delhi:
- IP (Intellectual property) protection: Startups can protect their intellectual property more efficiently by fast-track patent examination at a minimal cost. A fast-track patent examination at a reduced cost, simplifying the process.
- Grants for Research and Development: The government promotes research and development by providing grants and schemes.
- Streamlining Compliance: Single window clearance for Registrations, and approvals further reduces bureaucratic hurdles.
- Market Accessibility: Facilitates access to mentors, experts, and investors further facilitating market expansion and business growth.
- Government claim: Registered startups can easily avail certain procurement programs provide new opportunities for contracts and projects.
- Additional financial benefits: The government and several recognized financial institutions provide various initiatives including tax benefits, credit guarantees, expedited loan access, and smoother loan accessibility. Startups can access a variety of funding opportunities and financial benefits.
- A tax break for 3 years: A tax holiday of 3 years will be given, and they will get a certification from the Inter-Ministerial Board.
- Easy exit: Smooth exit is provided. A startup can close within 90 days from the date of application.
- Smooth access to funds: The government has set up a 10,000 crore fund to fund startups as venture capital.
Startup India Registration in Gurgaon is a well-planned step for entrepreneurs to establish and grow their businesses in this booming city. If you want to build a business, register your startup now with Startup India and start your entrepreneurial journey now.
A wide spectrum of benefits including funding, tax-benefits, easy compliance, and supportive chain of mentors and investors are provided after registering a startup with Startup India in Gurgaon. Certain eligibility criteria should be met ,online application ,necessary documentation should be provided.