India has become a thriving hub for innovation and entrepreneurship, and to encourage this growth, the Department for Promotion of Industry and Internal Trade (DPIIT) under the Government of India offers Startup India recognition. Registering your business as a recognized startup under the Startup India Scheme provides numerous benefits, including tax exemptions, easier compliance, funding opportunities, and enhanced credibility.
If you’re launching a new venture, Startup Registration is your first step toward turning an idea into a recognized and supported business.
Startup registration under the Startup India Scheme gives your business official recognition and access to government incentives and investor confidence.
Eligibility Criteria
Once registered, the startup receives a DPIIT certificate, which unlocks several benefits from government schemes and private investors.
Helps employees build a retirement corpus over time
Contributions are tax-deductible under Section 80C
Builds trust and loyalty among employees
Avoid penalties and legal liabilities
Partial withdrawals allowed for medical, housing, or education purposes
No physical documentation needed—the entire process is digital and integrated with the Startup India portal.
| Compliance Area | Details |
|---|---|
| Annual Income Tax Filing | File ITR for the company every financial year with accurate financials. |
| ROC Filings (MCA Compliance) | Annual return filing (AOC-4 & MGT-7) with Registrar of Companies. |
| Audit Requirements | Statutory audit is mandatory if turnover exceeds prescribed limits. |
| GST Filings (if applicable) | Monthly/quarterly GST returns must be filed if GST registration is taken. |
| Startup India Updates | Inform DPIIT of any major business changes or annual updates (if required). |
| Section 80 IAC Exemption | File Form-1 with supporting documents for income tax exemption approval. |
| Section 56 Exemption (Angel Tax) | Apply separately post DPIIT approval to avoid taxation on share premium. |
| Board Meetings | Conduct minimum 4 board meetings annually (for Pvt Ltd companies). |
| Maintenance of Records | Maintain proper books of accounts and records of business transactions. |
We offer a reliable, efficient, and hassle-free company registration experience. Our expert consultants guide you through every step—from handling stamp duty and government fees to completing documentation—ensuring smooth and compliant incorporation.
With a client-friendly approach and strong attention to detail, we stand out as a trusted partner for your company’s legal setup. Choose us for a seamless registration process backed by professionalism and expertise.
With our Startup registration services, you gain peace of mind and the confidence to make informed decisions. Let us handle the numbers while you focus on achieving your goals.
The information provided by TAXFINCOM is for general guidance only and does not constitute financial, legal, or investment advice. Loan approvals and financial outcomes depend on third-party institutions and individual eligibility. We are not liable for any losses arising from decisions made based on our content or services. Please consult with a qualified professional before making financial decisions.
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