📃 Frequently Asked Questions

Here are some FAQs about Startup India Registration:

• What is Startup India Registration? Startup India Registration is a process where new businesses in India can register under the Startup India initiative. This allows businesses to receive benefits like tax exemptions, simplified compliance procedures, and funding opportunities.
• What is DPIIT? The Department for Promotion of Industry and Internal Trade (DPIIT) is a government body that recognises and supports startups in India. DPIIT registration gives startups access to numerous benefits under the Startup India scheme.
• How do I get DPIIT registration? You can get DPIIT registration by applying through the Startup India portal. This involves submitting necessary documents and information about your business. Once your application has been approved, you will receive a DPIIT certificate.
• What are the startup India registration fees? The fees depend on the type of business entity you are registering and the services you need. Generally, there are no fees for registering as a startup, but you might have to pay for related legal and administrative services.
• How do I register a startup in India? You can register a startup in India by first incorporating your business as a Private Limited Company, Partnership firm, or LLP. Then, you need to apply for Startup India registration through the Startup India portal.
• What documents do I need for DPIIT startup registration? You need the incorporation/registration certificate of your company, proof of funding, authorisation letter, proof of concept, details of any patents or trademarks, and your PAN number.
• What is a Startup India certificate? A Startup India certificate is an official document that the DPIIT issues. It recognises a business as a startup under the Startup India initiative. This makes the business eligible for various benefits.
• What benefits does registration of startup in india offer? Registration offers many benefits, including tax exemptions for three years, simplified compliance procedures, access to funding opportunities, intellectual property support, and easier public procurement norms.
• Does prokhata provide services for startup India registration? Yes, prokhata provides comprehensive services for startup India registration, including help with documentation and compliance. They also have affordable startup India registration fees.
• What is the procedure for startup India registration? You need to incorporate your business, create a profile on the Startup India portal, apply for DPIIT recognition, and submit the necessary documents. You will receive a Startup India registration certificate once your application has been approved.
• When will I get the DPIIT certificate? You will usually receive the DPIIT certificate within a few weeks after submitting your application and documents to the Startup India portal.
• Does the Startup India registration certificate need to be renewed? No, the Startup India registration certificate doesn’t need to be renewed. However, you have to comply with DPIIT guidelines and regulations to continue receiving benefits.
• Is DPIIT registration part of the Startup India registration process? Yes, DPIIT registration is part of the Startup India registration process. You need to get DPIIT recognition to receive benefits under the Startup India scheme.
• Are there any eligibility criteria to register a startup in India? Yes, startups must be incorporated as a Private Limited Company, Partnership firm, or LLP. They also cannot be older than 10 years, have an annual turnover exceeding INR 100 crores, and must work towards innovation or improvement of products or services.
• Can the whole Startup India registration process be completed online? Yes, the whole Startup India registration process can be completed online via the Startup India portal. This makes it convenient and efficient.