Startup India Registration is a flagship initiative of the Government of India aimed at promoting innovation, entrepreneurship, and ease of doing business. By obtaining DPIIT Startup Recognition, eligible startups can access tax benefits, funding support, faster compliance, and government tenders.
In this Saving Mantra guide, we explain what Startup India Registration is and provide a step-by-step process to register under Startup India, along with eligibility, benefits, and compliance requirements.
What is Startup India Registration?
Startup India Registration is the process of obtaining official recognition from the Department for Promotion of Industry and Internal Trade (DPIIT). A recognized startup is listed on the Startup India portal and becomes eligible for multiple government incentives and exemptions.
Who is Eligible for Startup India Registration?
A business is eligible if it meets the following conditions:
- Incorporated as Private Limited Company, LLP, or Partnership Firm
- Incorporated not more than 10 years ago
- Annual turnover not exceeding ₹100 crore in any financial year
- Working towards innovation, improvement, or scalability
- Not formed by splitting or reconstructing an existing business
Benefits of Startup India Registration
Key Benefits
- Income tax exemption for 3 consecutive years (subject to approval)
- Angel tax exemption under Section 56
- Easy access to government funding and grants
- Faster patent and trademark registration with rebates
- Relaxation in labour and environmental compliances
- Eligibility for government tenders without prior experience
Step-by-Step Process for Startup India Registration
Step 1: Incorporate Your Business
Register your entity as a Private Limited Company, LLP, or Partnership Firm.
Step 2: Create Account on Startup India Portal
Visit the Startup India portal and create an account using email ID and mobile number.
Step 3: Fill Startup Recognition Application
Enter details such as:
- Entity name and incorporation details
- Business activity and innovation description
- Director/partner details
Step 4: Upload Required Documents
Upload all mandatory documents in the prescribed format.
Step 5: Self-Certification & Declaration
Submit self-certification confirming eligibility and compliance with Startup India rules.
Step 6: Submit Application
Submit the application online. No government fee is charged for Startup India registration.
Step 7: DPIIT Recognition Certificate
After verification, the Startup India Recognition Certificate is issued.
Documents Required for Startup India Registration
- Certificate of Incorporation / Registration
- PAN Card of business
- Details of directors/partners
- Brief write-up on innovation and scalability
- Pitch deck / website link (if available)
Startup India Tax Exemptions
To claim tax benefits, startups must separately apply for:
- Income Tax exemption (Section 80-IAC)
- Angel tax exemption
Approval is granted by the Inter-Ministerial Board.
Validity of Startup India Recognition
- Startup recognition remains valid until eligibility conditions are met
- Tax exemptions are limited to the approved period
Common Reasons for Rejection
- No clear innovation or scalability model
- Incorrect or incomplete documentation
- Business exceeding turnover or age limit
- Misrepresentation of facts
Why Choose Saving Mantra for Startup India Registration?
- Expert evaluation of startup eligibility
- Accurate drafting of innovation description
- End-to-end DPIIT application support
- Transparent and affordable pricing
- Assistance with tax exemption applications
Conclusion
Startup India Registration is a powerful opportunity for new-age businesses to grow with government support and incentives. By following the correct step-by-step Startup India registration process, entrepreneurs can unlock funding, tax savings, and market opportunities. Saving Mantra ensures a smooth, compliant, and hassle-free Startup India registration experience.
Disclaimer
The information provided in this blog is for general informational purposes only and does not constitute legal, tax, or professional advice. Startup India eligibility criteria, benefits, and procedures may change as per government notifications. Readers are advised to consult qualified professionals before applying for Startup India Registration or claiming tax exemptions.