Startup Registration- Process and Documents required
Under the Startup India Action Plan, startups that meet the definition as prescribed under G.S.R. notification 127 (E), are eligible to apply for recognition under the program. The Startups have to provide support documents, at the time of application.
In Brief:
Eligibility Criteria for Startup Recognition:
The Startup should be incorporated as a private limited company or registered as a partnership firm or a limited liability partnership
Turnover should be less than INR 100 Crores in any of the previous financial years
An entity shall be considered as a startup up to 10 years from the date of its incorporation
The Startup should be working towards innovation/ improvement of existing products, services and processes and should have the potential to generate employment/ create wealth.
Exclusion:
An entity formed by splitting up or reconstruction of an existing business shall not be considered a "Startup"
Process:
Step 1: Information
Create login Credentials of the client with user name and Email ID.
Step2: 4 sections
Part A - Applicant and Application status details
- Name of the Applicant
- Date of Birth
- E-mail Address
- Mobile No.
- Profession(Choose any1)
- Individual
- Business
- Professional
- Service
- Student
Part - B - Shareholder/ Director/ Partner Details
DPIIT Certificate (pdf) in case of application is for any specific state and DIPP has already been taken.
Incorporation Certificate (pdf)
Copy of PAN Card
Copy of GST Certificate
Copy of Aadhaar Card of the applicant
Address of Registered office
Sector
Industry
Turnover since Incorporation if any
Details of all the Shareholders/ Directors/Partners -
- Name
- Designation
- Mobile No.
- Email id
- Social category
- Percentage of equity holding
Share Holding Certificate of the Partners/Directors (In case of an LLP, LLP Agreement would suffice)
No. of Employees in the Company except Director/Partner
Need only declaration of Number of employees on the letter head of the company
Part C
- Final Product/Service/Trade
- Describe your idea and startup (Min. 500 Max. 1000 Characters)
- What problem the startup is trying to solve? (Min. 500 Max. 1000 Characters)
- What is the Proposed solution? (Min. 500 Max. 1000 Characters)
- What is the Uniqueness of your idea/startup? (Min. 500 Max. 1000 Characters)
- Is your startup creating an innovative product / process / service or improving an existing product / process / service ? Please explain (Min. 500 Max. 1000 Characters)
- What is the Business Model ? (Min. 500 Max. 1000 Characters)
- What is the revenue model ? (Min. 500 Max. 1000 Characters)
- How many employment the startup proposes to generate in the next one year?
- What is the current stage of Startup? (Choose anyone)
- Ideation
- Prototyping
- Validation
- Early Traction
- Scaling
DOCUMENTATIONS:
Part D
- Business Plan Template
- Financial Projections
- Pitch Deck
- In case of company: Memorandum of Association (MOA)/Articles of Association (AOA)
- In case of LLP- LLP Deed with any modifications etc filed.
- In case of Partnership- Partnership Deed
- Details of any patents that have been filed/applied for
- Details of any awards/ recognitions received.
- Details of fundings received, if any.
- Details if any, if the Company/ LLP has been incubated in any incubation Centre in India.