Register a  in India

Rs.9,999/- (inclusive of all Cost & fees)

(2 DIN / 2 DSC / Name Approval / MOA / AOA / TAN / GST / Professional Charge)

– Startup in 10 to 15 days.
– Completely online service – No physical presence required.
– No minimum capital requirement.

How does it work?

  • Step 1

    Drop us a line to say Hi.

  • Step 2

    Clerk® Business Advisor will get in touch with you.

  • Step 3

    Clerk® will Prepare all the Paperwork.

  • Step 4

    Sign and send back the documents.

  • Step 5

    Clerk® will file your Startup Application after which you can start your Business.

What is Startup?

A startup is a newly established business, usually small, started by 1 or a group of individuals. What differentiates it from other new businesses is that a startup offers a new product or service that is not being given elsewhere in the same way. The keyword is innovation. The business either develops a new product/ service or redevelops a current product/service into something better.

What is Startup India?

Startup India, initiated by the Government of India is a flagship initiative launched in January 2016. This initiative is taken by the government of India to boost the ecosystem for supporting innovation and startups in India. Through this scheme, the government is looking forward to driving sustainable economic development and enhance employment opportunities in India. The government of India recently announced the Startup India action plan to meet the requirements of this initiative.

How to register in Startup?

Step 1: Incorporate your business
Step 2: Register with Startup India
Step 3: Documents to be uploaded (in PDF format only)

  • A letter of recommendation/support
  • Incorporation/Registration Certificate
  • Description of your business in brief

Step 4: Answer whether you would like to avail tax benefits
Step 5: Finally, you must self-certify that you satisfy the following conditions
Step 6: Immediately get recognition number
Step 7: Other areas

  • Patents, trademarks and/or design registration
  • Funding

Minimum Requirements

  • Minimum 2 Shareholders
  • One of the Directors must be Indian resident
  • DSC (Digital Signature Certificate) for 2 Promoters & 1 witness
  • Minimum 2 Directors
  • Minimum Authorised Share Capital 100,000 (INR One Lac)
  • The directors and shareholders can be the same person
  • DIN (Director Identification Number) for all Directors

Benefits for startup India

The benefits for startup India

  • Startups will be permitted to self-certify compliance with nine labor laws and environmental laws. In the case of labor laws, no inspection will be conducted for three years.
  • Startup India enables companies to register through their mobile application and upload relevant documents. There will also be single-window clearances for approvals, registrations and filing compliances among other things.
  • The patent filing approach will be simplified. The Startup will enjoy a rebate of 80% of the fee in the patent application. The startup will bear only the statutory fees and the government will bear all facilitator fees.
  • The Startup India program will encourage research and innovation among students who are aspiring entrepreneurs and seven new research parks will be set up to provide facilities for startups in the R&D sector.
  • Equal opportunities will be provided for both startups and experienced entrepreneurs. Earlier this was not possible because all applicants required either ‘prior experience’ or a ‘prior turnover’. But now, public appropriation norms have been relaxed for startups.

Clerk can help you file a Startup
Got Questions? Request a call from Clerk Business Advisor.

Key features of the Fund of Funds

  • The Fund of Funds shall be managed by a Board with professionals from industry bodies, academia, and successful Startups.
  • Life Insurance Corporation (LIC) shall be a co-investor in the Fund of Funds
  • The Fund of Funds shall contribute to a maximum of 50% of the SEBI registered Venture Funds (“daughter funds”). In order to be able to receive the contribution, the daughter fund should have already raised the balance of 50%. The Fund of Funds shall have representatives on the board of the venture fund based on the contribution made.

Apply for Startup Online

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  • The Fund shall ensure support to a broad mix of sectors such as manufacturing, agriculture, health, education, etc.

It’s very easy to register as a startup thanks to the various government initiatives. However, you can focus on your key area while we at ClearTax help you from the start to finish right from incorporating your company to getting your startup recognition. Do visit our website to know more about startup services