Startup India Registration in Chennai
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Online Startup India Portal Registration in Chennai
The startup India initiative was launched by the Indian Prime Minister, Narendra Modi, in January, 2016. The initiative is aimed at promoting the startup ecosystem in India by providing a range of incentives to startups.
It is a very good option for small businesses to convert into startups these days. The Indian government has introduced the Startup India scheme for new businesses. This scheme is applicable only for Limited Liability Partnership firms, Partnership firms, or Private companies.
Under the scheme, startup businesses in India can enjoy wide range of benefits, including tax exemptions and a simplified process for registering a business. This scheme also helps businesses to grow at different levels in different markets. Apart from that, the businesses will also get a legal image under several laws. They can also establish long-term relationships with other entrepreneurs.
Additionally, this scheme will help to generate more employment opportunities in the country. It will also provide many tax benefits to the businesses.
Process of Startup India Registration in Chennai
Register as a Startup
The first step is to register your business as a startup. You can register your incorporated business on the official site of Startup India.
DPIIT Recognition
Now, you have to create a profile on the official site. Then you have to apply for DPIIT Recognition. You have to fill an application form to receive DPIIT Registration in Chennai.
Submission of Documents
After receiving DPIIT recognition, you have to submit all your address proofs and documents to professionals. They will verify all the documents thoroughly.
Get Recognition Number
Finally, you will get the recognition number within a few days after a thorough examination of all the documents.
Advantages of Startup India Registration in Chennai
Certification of your Business
Your business will get certification under several laws such as environmental laws and labor laws through a startup registration scheme. It is beneficial for your business in many ways.
Long Term Relationship
Indian government conducts seminars and fests every year for startups. In these events, different entrepreneurs will meet one another and share good business ideas. These events will help you to for a long term relationship with entrepreneurs.
Easy Registration
Startups can register on a single form through this scheme. You can manage the full process of Online Startup Registration in Chennai through a mobile app.
Easy to Get Government Tenders
Getting your incorporated business as a startup will help you to get government tenders easily. There is no need for professional guidance or expertise to get government tenders under this scheme.
Required Documents for Startup India Registration in Chennai
- Copy of MOA (Memorandum of Association) and AOA (Articles of Association)
- Partnership deed in case of partnership firm
- Incorporation certificate
- Business plan
- Details of investors and investment
- List of partners and directors with their contact details
- Mobile app link or website link
- List of awards and certificates
Eligibility for Startup India Registration in Chennai
- Business structure -- It should be a partnership firm, Private company, or Limited Liability partnership firm
- Turnover -- Business turnover must be less than INR 100 crores in any previous year
- Time limit -- The business will get an identity of startup for 10 years from the incorporation date
- Activity -- Startups should bring innovation in existing products or services or must create wealth or employment opportunities in the country.
Packages
Basic
What's included
- DPIIT Recognition Application Filing
- Preparation of Business Growth Plan & Revenue Plan
- Expert Consultancy
Basic
What's included
- DPIIT Recognition Application Filing
- Trademark Application Filing
- Preparation of Business Growth Plan & Revenue Plan
- Expert Consultancy
Basic
What's included
- Private Limited Company Registration
- MSME Registration
- Trademark Application Filing
- DPIIT Recognition Application Filing
- Preparation of Business Growth Plan & Revenue Plan
- Expert Consultancy
FAQs
Are OPCs allowed to get registered under Startup India Registration scheme?
Yes, you can register one person company under the Startup India Registration process. It will also get certifications under different laws and other benefits of the scheme as well.
Can I give two mobile numbers while registering my business as a startup?
No, you can give one mobile number at the time of registration. You can provide the landline number of your business representatives while doing Startup Registration Online in Chennai.