Written By: Swati Bajaj

Date: 24/05/2023

Startup Registration- Process and Documents required

Under the Startup India Action Plan, startups that meet the definition as prescribed under G.S.R. notification 127 (E), are eligible to apply for recognition under the program. The Startups have to provide support documents, at the time of application.

 

In Brief:

 

Eligibility Criteria for Startup Recognition:

The Startup should be incorporated as a private limited company or registered as a partnership firm or a limited liability partnership

Turnover should be less than INR 100 Crores in any of the previous financial years

An entity shall be considered as a startup up to 10 years from the date of its incorporation

The Startup should be working towards innovation/ improvement of existing products, services and processes and should have the potential to generate employment/ create wealth. 

 

Exclusion:

An entity formed by splitting up or reconstruction of an existing business shall not be considered a "Startup"

 

Process:

Step 1: Information 

Create login Credentials of the client with user name and Email ID.

 

Step2: 4 sections

 

Part A - Applicant and Application status details

 

  • Name of the Applicant
  • Date of Birth
  • E-mail Address
  • Mobile No.
  • Profession(Choose any1)
    • Individual 
    • Business
    • Professional
    • Service
    • Student

 

Part - B - Shareholder/ Director/ Partner Details

 

DPIIT Certificate (pdf) in case of application is for any specific state and DIPP has already been taken.

Incorporation Certificate (pdf)

Copy of PAN Card

Copy of GST Certificate

Copy of Aadhaar Card of the applicant

Address of Registered office

Sector 

Industry

Turnover since Incorporation if any

Details of all the Shareholders/ Directors/Partners -

  • Name
  • Designation
  • Mobile No.
  • Email id
  • Social category
  • Percentage of equity holding

 

Share Holding Certificate of the Partners/Directors (In case of an LLP, LLP Agreement would suffice)

No. of Employees in the Company except Director/Partner

Need only declaration of Number of employees on the letter head of the company

 

Part C

 

  1. Final Product/Service/Trade
  2. Describe your idea and startup (Min. 500 Max. 1000 Characters)
  3. What problem the startup is trying to solve? (Min. 500 Max. 1000 Characters)
  4. What is the Proposed solution? (Min. 500 Max. 1000 Characters)
  5. What is the Uniqueness of your idea/startup? (Min. 500 Max. 1000 Characters)
  6. Is your startup creating an innovative product / process / service or improving an existing product / process / service ? Please explain (Min. 500 Max. 1000 Characters)
  7. What is the Business Model ? (Min. 500 Max. 1000 Characters)
  8. What is the revenue model ? (Min. 500 Max. 1000 Characters)
  9. How many employment the startup proposes to generate in the next one year?
  10. What is the current stage of Startup? (Choose anyone)
  • Ideation
  • Prototyping
  • Validation
  • Early Traction
  • Scaling

 

DOCUMENTATIONS:

 

Part D

 

  1. Business Plan Template
  2. Financial Projections
  3. Pitch Deck
  4. In case of company: Memorandum of Association (MOA)/Articles of Association (AOA)
  5. In case of LLP- LLP Deed with any modifications etc filed.
  6. In case of Partnership- Partnership Deed
  7. Details of any patents that have been filed/applied for
  8. Details of any awards/ recognitions received.
  9. Details of fundings received, if any.
  10. Details if any, if the Company/ LLP has been incubated in any incubation Centre in India.

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Written By: Swati Bajaj


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