To be eligible for the Startup India registration, your startup must fulfil the following conditions:
The following documents are required for Startup India Registration:
The startup registration process is straightforward and can be done online.
Step 1:Create a Profile on Startup Website
The first thing you need to do is to create a profile for your startup on the Startup India website. You can do so by opening the website and filling up the form with your business details. Make sure you choose the type of user as ‘a startup’
Once your profile is created you will have access to multiple programs and benefits available under the scheme. There are many useful resources that become handy here.
Step 2:Apply for DPIIT Recognition
After creating a profile, you can apply for Department for Promotion of Industry and Internal Trade (DPIIT) recognition by clicking on “Get Recognised” button on the website and fill up the “Startup Recognition Form”. On completion of DPIIT recognition, you get the following benefits:
Submit the Required Documents
Along with the application, submit the required documents. Make sure that the documents are valid and are scanned clearly to avoid rejection of or delay in registration.
Step 4:Get Recognised
After submitting the form, you need to wait for approval. This usually happens within two days. Meanwhile, a recognition number will be received to check the status of application.
The last step in Startup India online registration is receipt of Certificate of Recognition. It can be downloaded from Startup India portal.
Penalty for FraudPenalty for uploading forged, manipulated or wrong documents or not uploading required documents is 50% of paid-up capital with a minimum limit of Rs. 25,000.
