As an aspiring entrepreneur, getting your startup India certified can provide numerous benefits, including access to funding, tax benefits, and a supportive startup ecosystem. In this guide, we’ll walk you through the steps to get your startup India certified.
The first step to getting your startup India certified is to register your business as a Private Limited Company, Limited Liability Partnership (LLP), or One Person Company (OPC). Once you have registered your business, you can move on to the next step.
Before applying for startup India certification, you need to check if your business is eligible for the certification. Your business should meet the following criteria:
It should be incorporated as a Private Limited Company, LLP, or OPC.
It should be less than 10 years old.
Its turnover should be less than INR 100 crore.
It should be working towards innovation, development, deployment, or commercialization of new products, processes, or services driven by technology or intellectual property.
To apply for startup India certification, follow the steps below:
Go to the Startup India website and register your business.
Fill in the application form and upload the necessary documents.
Submit the application form and wait for approval.
The documents you need to submit along with the application form include:
Certificate of incorporation
Memorandum of association
Articles of association
A brief write-up about your business
Details of directors and shareholders
Pitch deck
After submitting your application, you need to wait for the certification. The certification process takes around 4-6 weeks. If your application is approved, you will receive the startup India certificate.
Getting your startup India certified can provide the following benefits:
Tax benefits for three consecutive financial years.
Access to funding from government schemes and private investors.
Access to a supportive startup ecosystem.
Faster exit in case of winding up of the business.
Self-certification of compliance with labor and environmental laws.
In conclusion, getting your startup India certified can provide numerous benefits for your business. By following the steps outlined in this guide, you can get your business certified and gain access to a range of benefits that can help your business grow and succeed.
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