Startup India
₹6,000.00 Original price was: ₹6,000.00.₹4,151.00Current price is: ₹4,151.00.
🌟 Startup India Recognition with AutoBizNow
💡 What is Startup India Recognition? Startup India is a flagship initiative by the Government of India aimed at fostering innovation, building a robust startup ecosystem, and empowering entrepreneurs to drive economic growth and generate employment. With a DPIIT Certificate of Recognition, startups can access a range of benefits, including tax exemptions, funding opportunities, and simplified compliance processes.
🔑 Key Objectives of Startup India
✅ Enhanced Infrastructure: Access to incubation centers and mentorship programs. ✅ IPR Facilitation: Simplified patent filing and reduced costs for intellectual property rights. ✅ Regulatory Ease: Tax benefits, easier company setup, and faster compliance processes. ✅ Funding Opportunities: Access to government-backed funds and credit guarantee schemes. ✅ Networking Database: A vast platform connecting entrepreneurs, investors, and stakeholders.
👨💼 Eligibility Criteria for DPIIT Recognition
1️⃣ Period of Existence
- The entity must not exceed 10 years from its date of formation.
2️⃣ Type of Entity
- Must be a Private Limited Company, Limited Liability Partnership (LLP), or Partnership Firm.
3️⃣ Annual Turnover
- Turnover must not exceed ₹100 crore in any fiscal year since incorporation.
4️⃣ Original Entity
- Should not have been formed by splitting or recreating an existing entity.
5️⃣ Innovative & Scalable
- Must focus on developing innovative products, services, or processes with high scalability and wealth creation potential.
🚀 Steps to Obtain DPIIT Certificate of Recognition
1️⃣ Incorporate Your Business
- Register your entity as a Private Limited Company, LLP, or Partnership Firm.
2️⃣ Register with Startup India Scheme
- Enroll your business on the Startup India Portal to access exclusive benefits.
3️⃣ Apply for Startup Recognition Provide essential details such as:
- Nature of Entity
- Industry and Sector
- Incorporation Date and Registration Number
- Intellectual Property and Funding Details
4️⃣ Receive Startup Recognition Number
- Upon approval, receive your unique recognition number and unlock tax benefits, funding opportunities, and more.
🌟 Benefits of DPIIT Recognition
✅ Self-Certification
- Simplify compliance under 3 Environmental Laws and 6 Labour Laws.
✅ Fast-Track Patent & Trademark Applications
- Enjoy faster processing and pay only 20% of fees for IPR applications.
✅ Public Procurement Benefits
- List your products on the Government e-Marketplace (GeM).
- Exemption from Earnest Money Deposits and prior experience/turnover requirements.
✅ Easy Winding Up
- Close your business within 90 days under the Insolvency and Bankruptcy Code, 2016.
✅ Funds of Funds
- Access ₹10,000 crore through government-supported Alternative Investment Funds.
✅ Credit Guarantee Fund
- Avail ₹2,000 crore via the National Credit Guarantee Trust Company or SIDBI.
✅ Tax Exemptions
- Income Tax Exemption: No income tax for 3 consecutive fiscal years within the first 10 years of operation.
- Angel Tax Exemption: Save on investments received from angel investors.
📚 FAQs About Startup India Recognition
💬 1. Is Startup India Recognition mandatory for startups? No, it is not mandatory, but it provides significant benefits, including tax exemptions, government support, and funding opportunities.
💬 2. Can a sole proprietorship apply for DPIIT recognition? No, only Private Limited Companies, LLPs, or Partnership Firms are eligible.
💬 3. How long does it take to get the DPIIT Certificate of Recognition? Typically, the process takes 7–10 working days, subject to document verification.
💬 4. What are the tax benefits for DPIIT-recognized startups? Recognized startups can avail Income Tax Exemption for 3 consecutive years and Angel Tax Exemption for investments.
💬 5. Can DPIIT recognition be revoked? Yes, recognition can be revoked if the startup ceases to meet the eligibility criteria.
🌟 Why Choose AutoBizNow for Startup India Recognition?
🌟 Expert Guidance: Simplified, step-by-step assistance for a hassle-free process. 🌟 End-to-End Support: From incorporation to securing tax exemptions, we handle everything. 🌟 Fast & Reliable: Get your startup recognized in a few days with minimal hassle. 🌟 Trusted Partner: Backed by Professional Consultant Solution Planet Private Limited, ensuring professionalism and accuracy.
📩 Get Started with AutoBizNow Today!
📧 Email Us: info.autobiznow@gmail.com 📱 WhatsApp Business: 9871297057
🎯 Let AutoBizNow help your startup soar to new heights with Startup India Recognition!
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