What is Startup India?

Startup India is a government program that’s all about helping new and innovative businesses in India. The main goal is to create a strong environment where these startups can grow, create jobs, and boost the economy. This program offers a bunch of benefits to startups, like tax breaks, quick approvals for legal stuff, easy access to money, and protection for their unique ideas.

The government wants to make things easier for startups, so they’re providing support in different ways. They’re building better places for startups to work and grow, making it simpler to protect their ideas, and helping with taxes. Plus, they’re aiming to get more money flowing into startups and connecting them with a big network of other entrepreneurs. All of this is meant to give a boost to new and creative businesses, making it easier for them to succeed and contribute to India’s economic growth.

Application Requirements for Startup India Registration

• Age of the Company: Your company must be relatively new, with operations starting within the last 10 years.
• Type of Company: This recognition is available for Private Limited Companies, Limited Liability Partnerships (LLPs), or Registered Partnership Firms.
• Revenue: Your company should have made at least Rs. 100 crore in annual turnover for at least one of the years since it was founded.
• Original Company: Your company should be an original one, not created by splitting or recreating an existing company.
• Innovative and Scalable: Your company should be working on something new or trying to make a product, service, or process better. It should have a business plan that can grow and create jobs and wealth.

Documents Needed to Register a Startup India

• Mandatory Documents (Always Required):
  • Certificate of Incorporation: Proof that your business is officially registered.
  • Business PAN: Your company’s Permanent Account Number.
  • Applicant’s Aadhar: Your Aadhar card for identification.
  • Letter of Applicant’s Authorization: A document saying you’re authorized to apply.
  • Active Mobile Number: A working phone number.
  • Active Email Address: A functioning email address.
• Additional Documents (Based on Startup’s Stage):
  • Ideation Stage: No extra documents needed.
  • Validation Stage: You may need a Pitch Deck or a link to your website.
  • Early Traction Stage: You’ll likely need a Pitch Deck and a Video Presentation or a website link.
  • Scaling Stage: Like the Early Traction stage, you’ll need a Pitch Deck and a Video Presentation or a website link.