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How to register a startup in India/how to register a company in India

How to register a startup in India/how to register a company

Many people now want to avail the benefits of startup India initiative and want to know about the registration process of a company in India be it a Trust, NGO, Private limited company, Partnership and Sole Proprietorship.

As on January 16. 2016, the Prime Minister of India, Shri Narendra Modi announced a new initiative called Startup India a government of India Initiative to promote budding entrepreneurs by creating enabling environment and system that is conducive startups.

Eligibility or entitlement of the startup shall be following.   

  • Private Limited Company (The Companies Act,2013)
  • Registered Partnership Firm (The Indian Partnership Act,1932)
  • Limited Liability Partnership (The Limited Liability Partnership Act,2008)
  • Also one-person companies are also eligible under the Start-up India Initiative.

For requirements are needed in order for a start up to be considered eligible for the initiative.

  • An entity is considered as startup up to 5 years from the date of its incorporation/ registration
  • Its turnover for any of the financial years has not exceeded INR 25 crore
  • It is working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property
  • It is supported by a recommendation (innovative nature of the business), OR by an incubator funded by Gol, OR is funded by Gol, OR is granted a patent or trademark in association with nature of business

Process for the registration of the startup

Process 1: An entity can register itself through MCA or Registrar of Firms using the existing processes and subsequently register itself on the Startup India portal and mobile app as a “Startup” to avail the benefits.

Process 2: An entity can register itself through the Startup India portal and mobile app using a seamless process. This facility would be made available in the second phase of the Startup India portal and mobile app launch.

  1. Log in to Startup India Portal(http://startupindia.gov.in/registration.php)
  2. Choose your legal entity
  3. Input your incorporation/registration number
  4. Input your incorporation/registration date
  5. Input PAN number (optional)
  6. Input your address with postal code & state
  7. Input authorized representative details
  8. Input director(s)/partner(s) details
  9. Choose and upload supporting documents and self-certification
  10. Incorporation/registration certificate of company/LLP/Partnership
  11. Registration to avail tax and IPR
  12. Certify the official notification terms and conditions
how to register a startup in india
how to register a startup in india

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