The great explorer of the truth, the master-builder of human happiness no one rejects dislikes avoids pleasure itself because it is pleasure but because know who do not those how to pursue pleasures rationally encounter consequences that are extremely painful desires to obtain.
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ABOUT START-UP REGISTRATION
A Startup Company is a newly formed business with particular momentum behind it based on perceived demand for its product or service. The intention of a Startup is to grow rapidly as a result of offering something that addresses a particular market gap.
There are no fixed parameters on what type of company can be considered a startup, but the term most frequently applies to high-tech companies creating products that leverage technology to offer something new or to perform an existing task in a novel way.
There are no firm rules on when a startup ceases to be considered a startup. Some suggest a startup stops being one when it hits a certain size , completes its path to profitability, receives a high level of investment funds, becomes a public company or is acquired by a larger corporation.
DOCUMENTS REQUIRED
- Aadhar Card , Aadhar number is now a necessity for applying for any registration in India.
- Income tax return can only be filed if the person has linked his PAN card with Aadhar number.
- Address proof will be required for all directors and shareholders of the company to be incorporated.
- For Indian nationals, PAN is mandatory. For foreign nationals, Apostilled or notarised copy of passport must be mandatorily submitted.
- Residence proof documents like bank statement or electricity bill should not be more than 2 months old.
- All documents submitted must be valid
REGISTERED OFFICE PROOF
- Register office of all companies must be in India .If it is a Rented Property, Rent agreement and NOC from a landlord. If it is a Self-owned Property, Electricity bill or any other address proof.
- Documents submitted must be valid and not more than 2 month old.
ELIGIBILITY
The start-up must be registered as a Private Company, LLP or Partnership Firm
- It should be a new firm or not older than five years, and the total turnover of the company should be not exceeding 25 crores .
- The firms should have obtained the approval from the Department of Industrial Policy and Promotion (DIPP).
- To get approval from DIPP, the firm should be funded by an Incubation fund, Angel Fund or Private Equity Fund.
- The firm should have obtained a patron guarantee from the Indian patent and Trademark Office.
- It must have a recommendation letter by an incubation .
- Capital gain is exempted from income tax under the startup India campaign.
- The firm must provide innovative schemes or products.
- The start-up must not be a product of restructuring, The business must be involved in a new product or service
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