- Specialized knowledge and experience in Taxation & Business Registration.
- More communication than what larger agencies provide.
- Strategic partnership and advice for potential opportunities to grow your brand.
- Work is done in-house and not outsourced to a third party.
- We practice what we preach and use our own services to grow our business.
STARTUP INDIA REGISTRATION
Rs. 5000.00/- All Inclusive
Services
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STARTUP INDIA REGISTRATION
STARTUP INDIA REGISTRATION
Startup India, initiated by the Government of India is a flagship initiative launched in January 2016. This initiative is taken by the government of India to boost the ecosystem for supporting innovation and startups in India. Through this scheme, the government is looking forward to driving sustainable economic development and enhance employment opportunities in India. The government of India recently announced Startup India action plan to meet the requirements of this initiative.
Most of the startups are focused on gaining revenues and maximizing their profits by using various methods which is a good thing. At the initial stage, most of the startups are bootstrapping their organizations out of their hard-earned money. One of the ways to enhance your earnings is to reduce the cost. Government retains 30% of our income in form of tax which leads to increased cost. We can save this cost for three years by simply registering our startup with the Startup India initiative.
Benefits of startup India Registration
- Startups will be permitted to self-certify compliance with nine labour laws and environmental laws. In the case of labour laws, no inspection will be conducted for a period of three years.
- Startup India enables companies to register through their mobile application and upload relevant documents. There will also be single window clearances for approvals, registrations and filing compliances among other things.
- Patent filing approach will be simplified. The Startup will enjoy a rebate of 80% of the fee in the patent application. The startup will bear only the statutory fees and the government will bear all facilitator fees.
- The Startup India programme will encourage research and innovation among students who are aspiring entrepreneurs and seven new research parks will be set up to provide facilities for startups in the R&D sector.
- Equal opportunities will be provided for both startups and experienced entrepreneurs. Earlier this was not possible because all applicants required either ‘prior experience’ or a ‘prior turnover’. But now, public appropriation norms have been relaxed for startups.
Process We Follow
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INCORPORATE BUSINESS
You must first incorporate your business as a Private Limited Company or a Partnership firm or a Limited Liability Partnership.
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REGISTER WITH STARTUP INDIA
After Incorporation,Then the business can be registered as a startup.
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DOCUMENT SUBMISSION
You need to submit required documents to us for processing.
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DIPP CERTIFICATE
That’s it! On applying you will immediately get a DIPP number for your startup.
FAQs
Any entity having atleast one registered office in India is welcome to register on the hub as location preferences, for the time being are only created for Indian states. However, we are working on international relations and will soon be able to enable registration for stakeholders from the global ecosystem
Different investors use different criteria to judge an investment. The importance of these factors would wary depending on the stage of investment, sector of startup, management team etc. Listed below are typical investment criteria used by investors:
1. Market Landscape: Refers to the addressable market which the startup is catering to.
Factors: Market size, obtainable market-share, adoption rate, historical and forecasted growth rates, macroeconomic drivers, demand supply
2. Scalability and Sustainability: Startups should showcase the potential upscale in the near future, a sustainable and stable business plan.
Factors: Barriers to entry, imitation costs, growth rate, expansion plans
3. Objective and Problem Solving: The offering of the startup should be differentiated to solve a unique customer problem or to meet customer need. Ideas or products that are patented showcase deemed potential in the startups.
4. Customers & Suppliers: Laying out your customers and suppliers, helps investors understand your business better.
Factors: Customer relationships, stickiness to the product, vendor terms, existing vendors
5. Competitive Analysis: A true picture of competition and other players in the market working on similar things should be highlighted. There can never be an apple to apple comparison, but highlighting the service or product offerings of similar players in the industry is important
Factors: Number of players in the market, market share, obtainable share in the near future, product mapping to highlight similarities or differences between competitor offerings
6. Sales and Marketing: No matter how good your product or service maybe, but if does not find any end use, there is no good.
Factors: Sales forecast, targeted audiences, marketing plan for the target, conversion and retention ratio etc.
7. Financial Assessment: A detailed business model that showcases the cash inflows over the years, investments required, key milestones, break-even point and growth rates should be made out well. Assumptions used at this stage should also be reasonable and clearly mentioned.
Yes. One Person Companies are eligible to avail benefits under the Startup India initiative.
Yes, if your startup gets recognised, you would be Getting a DIPP certificate.
An entity shall cease to be a Startup on completion of ten years from the date of its incorporation/ registration or if its turnover for any previous year exceeds one hundred crore rupees.
The process of registration in such cases shall be real time and the certificate of recognition would be issued immediately upon successful submission of the application.
What documents would qualify as a supporting document to the application to register as a “Startup”?
The application shall be accompanied by
1.a copy of Certificate of Incorporation or Registration, as the case may be, and
2.a write-up about the nature of business highlighting how it is working towards innovation, development or improvement of products or processes or services, or its scalability in terms of employment generation or wealth creation.
There are a number of benefits startups receive by the Startup India Scheme. Nevertheless, in order to avail these benefits, an entity is needed to be set up by the DPIIT as a startup.
Startups are allowed to self certify their compliance for six labour laws and three environment laws. This is allowed for a total period of five years from the date of incorporation/registration of the entity. Startups are allowed a three-year tax exemption and the best intellectual property services and resources solely built to help startups protect and commercialise their IPRs.
The most preferred business structures for a startup are Private Limited companies and LLPs. A Private Limited company is legally recognized and generally favoured by investors. However, it has stricter compliance and may have a higher cost of incorporation.
Whereas incorporation cost is lower for LLPs and they tend to have relaxed compliance in comparison to Pvt. Ltd. Co. In addition to that, LLPs have limited liabilities and are equally recognised by investors and all over the world.
To attract investors, not only do you need a stellar product with a scalable model, but you also need visibility. Make sure that your product receives healthy engagement and traction. You’ll need to register your startup on startup India and proactively seek out investors. Make sure you are able to effectively communicate your business idea to the investor and the sustainability of your business model.
AITF has a highly skilled team with an eye for details. They delivered exactly what we wanted. The registration and communication work really well through the online registration process of my company and the dedicated team member made a great job keeping things together. kudos to the team!
Prateek Mathur
- Founder-ERUDITEINFO TECHSOLUTIONS PRIVATE LIMITED
It was a really nice experience working with team All India Tax Filing. Great assistance provided during the global pandemic. Fully satisfied with the work.
Tushar Verma
- Founder- SRIDIVINE ASSOCIATES PVT LTD
My only recommendation if you're a start up or running any business that needs to do things legally and you expect it to happen at a reasonable price.
Garry Christopher
- Founder- GEORDANA PVT LTD
EVERYTHING FROM INCORPORATION OF YOUR COMPANY TO THE TRADEMARK AND ALL FILING THEY COVERED IT ALL. ONE OF THE BEST CA CONSULTANT SERVICES THEY PROVIDE . THE PRICES ARE ALSO GENUINE MOSTLY AND FURTHER DEVELOPMENT FOR ECONOMICAL PACKAGE THEY CAN DO. BT THE WAY THEY ARE AWESOME WITH THE SERVICES AND ALL UNDERSTANDING OF YOUR BUSINESS SCENARIO AND PROVIDES EFFECTIVE SOLUTIONS.
Pranav Dhakulkar
- Founder- Dryomix Concrete Solutions Pvt Ltd
In single sentence "AITF " is one stop solution for services Like Company Incorporation, Trademark Registration or any work related to CA. Cost & services are very good. Such polite language they using in every interaction no Matter what's the situation. Thanks To Amit Sir, Nidhi Madam & All of you related to AITF for such nice services.
Bestayur Lifecare
- Bestayur Lifecare
Professional services at competitive price. They give us complete end to end support from incorporation to expansion. Highly recommended. Keep it up.
Abhishek kumar
- Founder-Koibhikaamcube