How do I register a startup company in India?

How do I register my startup company?

Steps to Register Your Startup With Startup India

  1. Step 1: Incorporate your Business. …
  2. Step 2: Register with Startup India. …
  3. Step 3: Get DPIIT Recognition. …
  4. Step 4: Recognition Application. …
  5. Step 5: Documents for Registration. …
  6. Step 6: Recognition Number. …
  7. Step 7: Other Areas.

What is the procedure to register a startup company in India?

Registration Process

  1. Register on the Startup India portal. …
  2. Post registration, apply for DPIIT (Department for Industrial Policy and Promotion) recognition. …
  3. Access the Section 80 IAC exemption application form here.
  4. Fill in all details with the below mentioned documents uploaded and submit the application form.

How much does it cost to register a startup in India?

The Cost of Incorporation / Registration of Pvt Ltd Company would vary from INR 6,000/- to INR 30,000/- depending upon the No. of Directors, No. of members, authorized share capital and Professional fees. Professional fees may depend upon the complexity of the task.

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Which company registration is best for startup?

Here are the type of companies you can choose according to your need.

  • Pvt Ltd company registration.
  • Limited liability partnership (LLP)
  • One person company (OPC)
  • Nidhi Company.

Who is eligible for startup India?

Eligibility for Startup India

Is a private limited company or registered as a partnership firm or a limited liability partnership. Has an annual turnover not exceeding Rs. 100 crore for any of the financial years since incorporation/registration.

Which is better LLP or Pvt Ltd company?

LLP is a preferable form of organization as it provides benefits of both the private limited and partnership firm. Llp is a legal entity separated from its partners.

Difference Between Private Limited Company & LLP – Analysis.

BASIS COMPANY LLP
Statutory audit Mandatory Not required unless partners contribution exceeds 25 lakhs and annual turnover exceeds 40 lakhs.

How do I start a startup with no money?

Here are seven tips to start a startup with no money

  1. Stay true to the core purpose. …
  2. Form a kickass team. …
  3. Expand your social media presence. …
  4. Collaborate with established brands. …
  5. Make every customer feel special. …
  6. Keep an eye on your competitors. …
  7. Make the most of tools.

How much does it cost to register a company?

The registration fee for organization’s whose nominal share capital is limited to Rs. 10,00,000 – Rs 2,000. The registration fee for organization’s whose nominal share capital ranges between Rs 10,00,000 to Rs 50,00,000 – Rs 2000.

What are the documents required for startup company?

10 Essential Legal Documents for Startups

  • Trademark.
  • Articles of Association/Incorporation.
  • A non-disclosure agreement (NDA)
  • Employee contracts and offer letters.
  • Shareholder’s Agreement.
  • Bylaws.
  • Intellectual Property assignment agreements.
  • Founder’s agreement.
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Can I run a company without registration?

To operate a business without registration you need a current account. Now to open the current account, the bank will ask you for any government registration. The government registration can be MSME registration, Shop & establishment registration or GST registration.

How can I get startup benefits in India?

11 Benefits Provided under Startup India

  1. Simple process. The government of India has launched a mobile app and a website for easy registration for startups. …
  2. Reduction in cost. …
  3. Easy access to Funds. …
  4. Tax holiday for 3 Years. …
  5. Apply for tenders. …
  6. R & D facilities. …
  7. No time-consuming compliances. …
  8. Tax saving for investors.

Can I start a business without registering it?

It is entirely legal to operate as a sole proprietorship without registering your company. … All you need for IRS recognition is that you file your first business tax return, as required by federal law.

How do I check if my startup certificate is valid?

– Authorities accepting this Certificate may check its validity on the Startup India portal(www.startupindia.gov.in) – This certificate is not the Certificate issued by the Inter Ministerial Board and is not valid for availing Tax benefits – This is a system generated certificate and hence does not require physical …

How can I start a startup in India with no money?

Here are 11 Quora users’ answers on starting a business with next to nothing.

  1. If you start out with little money, outperform other businesses. …
  2. Start a service business. …
  3. If you don’t have money, at least have time. …
  4. Carry out market research. …
  5. Follow a “sell first, build later” approach. …
  6. Try affiliate marketing.
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What is the best startup business in India?

Take a look at these top 13 profitable Low Investment Business Ideas in India:

  • Social Media Management Services. In the current scenario, social media has redefined how business functions. …
  • Blogging. …
  • Travel Agency. …
  • Photography. …
  • Tiffin Service. …
  • Fruit Juice Kiosk Business in India. …
  • Online Fitness Instructors. …
  • Event Management.
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