Register your Startup &Raise Funding
3 simple steps
- Startup India Registration
- Guidance in preparation of Pitch deck
- Proof of Funding
- Patent and Trademark detail
- DIPP Certificate
Registering your Startup is easy with Bright Accounts.
Introduction
The Government of India launched the Startup India initiative in 2016 with the aim of promoting, supporting, and fostering entrepreneurship, innovation, and the growth of startups within the country. The registration process for startups under the Startup India initiative is entirely online. Entrepreneurs can initiate the registration through a single form available on the official government portal.
To access the benefits offered by the Startup India program, entrepreneurs must register their business as a startup.
Achieve your dream and grow your startup with Bright Accounts as we take care for the entire Startup India Registration process for your business.
Documents Checklist
When submitting documents for Startup Registration, ensure that you have the following documents ready.
Company Registration Proof
- Certificate of Incorporation
- Registration Certificate
- MoA and AoA in case of a Company
- Partnership Deed or LLP Agreement
- PAN of the Business
- Authorization letter of the authorised representative of the company, LLP, or partnership firm
Address Proof
- Utility Bill or Bank Statement
Identity Proof
- Document Proof of Partners
- Notarized Documents (for Foreign Nationals)
Additional documents
- Pitch deck and/or
- Website/App link and/or
- Proof of funding and/or
- List of awards and/or
- Patent and Trademark details
process
Registration Process
in 3 Simple Steps
Get your DPIIT in 3 easy steps and access various benefits and support offered under the Startup India initiative, including tax exemptions, funding opportunities, and more.
- Pre-application
- We collect basic information
- Gather required documents
- Clarify questions
- Register with Startup India
- Filing and submission of Application
- Share Acknowledgment Receipt Number (ARN) with client
- Register with DPIIT
- Obtain DPIIT
After your application and documents are verified by DPIIT, it will issue a Certificate of Recognition (DIPP Certificate). The DIPP Certificate includes a unique Recognition number and the date of recognition that can be used during different stages of your business.
benefits
Why you should
register in the Startup India Scheme
Self Certification
Once an entity obtains the DPIIT (Department for Promotion of Industry and Internal Trade) Certificate of Recognition for Startups, it is granted certain privileges. Notably, the entity is permitted to self-certify compliance under three Environmental Laws and six Labour Laws.
Income Tax Exemption
A business registered under the Startup India Program can obtain approval for tax exemption under section 80 IAC of the Income Tax Act. This offers the startup a tax holiday for three consecutive financial years during its initial ten years of incorporation.
Ease of Dissolution
The government has introduced provisions to simplify the process of winding down operations for businesses. The company can be wound up within 90 days of applying for insolvency.
Access to Funding
DPIIT has established Startup India Seed Fund Scheme (SISFS) to offer financial support to startups through Incubators. This can help you in various stages of your journey, including Proof of Concept, prototype development, product trials, market-entry, and commercialization. Numerous other schemes like Credit Guarantee Scheme, NIDHI PRAYAS, NIDHI SSS, BIRAC's initiatives, and TIDE 2.0 can also be accessed.
Capital Gains Tax Exemption
Capital gains from the sale of specified assets are exempted under Section 56 of the Income Tax Act if the proceeds are invested in eligible startups. This is also known as Angel Tax Exemption.
Easy Public Procurement Norms
A registered Startup can list its products on the Government e-Marketplace (GeM) by registering as a Seller. GeM is a prominent online procurement platform used by the government for acquiring products and services. This makes it easier to access a potential market for their products.
What do you get
when you register with our help
Ready to Register your Startup?
When you register your business with the help of Bright Accounts, you not only get the items mentioned on the side, you also get a friend who advices, guides and helps you grow into a great business.
- Review of Documents
- Registration of Business
Guidance in preparation of
- Pitch Deck
- Website/App Link
- Proof of Funding
- List of awards
- Patent and Trademark Details
- DIPP Certificate
- Expert advice you can count on
- Our bright support on every thing needed to complete the registration.
Checklist for Registration
This checklist includes everything that you would need to register under the scheme:
- The company must be incorporated/registered
- An incubation fund, an angel fund, or a private equity fund must finance the business
- Received a patron guarantee from the Indian Patent and Trademark office
- Recommendation letter from an incubator
- SEBI Registration for networks
- Should be brand-new or no more than five years old
- Annual revenue should not exceed ₹100 crores
- Company is working towards the innovation, development, or improvement of products or processes or services
- Company has a scalable business model
Timeline
After consultation and review of required documents by a Bright Accounts expert, the incorporation process takes between 7 to 10 working days.
Don’t know where to start or what to do? Speak with an expert.
testimonials
What our clients say
business loan
Let us guide you to get your Business Loan
Business Loans play a crucial role in starting and managing a business It can be for Working Capital needs or to fund a Capex. Be it any reason, Bright Accounts an help you get the much needed approval on business loans.
benfits
What are the benefits of Business Loans
The following are some of the short term and long term benefits of availing business loans
Financial Support
Business loans provide essential financial assistance for various purposes such as business expansion, working capital, equipment purchase, and other operational needs.
Tax Benefits
In some cases, the interest paid on business loans may be tax-deductible, providing potential tax benefits for the business.
Flexibility
Business loans offer flexibility in terms of usage, allowing entrepreneurs to utilize the funds for different business requirements without stringent restrictions.
Preservation of Equity
Opting for a business loan allows entrepreneurs to retain ownership and control of their business, as opposed to seeking investors who may require equity stakes.
Business Growth
The infusion of capital from a business loan can contribute to the growth and development of a business, enabling entrepreneurs to take advantage of new opportunities and scale their operations.
Establishing Credit History
Successfully repaying a business loan helps build a positive credit history for the business, which can be beneficial for future financial transactions.
Documents Checklist
Bright Accounts has compiled a detailed list of documents that are required to avail a Business Loan. Speak to our experts for any queries.
Identity Proof
- PAN Card of Directors
- Aadhar Card/Passport/Driver's License of Directors
Address Proof
- Utility Bill or Bank Statement
Financial Documents
- Income Tax Returns
- Financial Statements
- GST Returns
Proof of Registered Office
- Ownership of Property- Any utility bill like an electricity bill or corporation tax receipt not later than 30 days.
- Right to use the Property - Rental Agreement or No Objection Certificate (NOC) from the owner.
Company Documents
- Certificate of Incorporation
- MOA and AOA
Why Bright Accounts
There are many reasons why clients choose Bright Accounts, but from our experience we have listed the four main reason why you should go with us.
Bright & Knowledgeable
Bright Accounts delivers high quality financial services by a team of bright and knowledgeable experts.
Always happy to help
Bright Accounts commit to provide dedicated support and assistance to our clients.
Professional & Approachable
We maintain a high level of professionalism while being easily approachable for our clients.
Easy & Quick
We focus on streamlining and simplifying the complex processes for our clients.
Frequently Asked Questions
Startup India is a vital government scheme launched on 16th January 2016 to provide financial assistance and mentorship to entrepreneurs. Additionally, it provides entrepreneurs with a platform for networking with industry experts, investors, and other stakeholders. The scheme also encourages research, development, and technology transfer in the country.
Yes. As One Person Company is a form of a company it can be recognized as a Startup.
After registering under this scheme the entity will be eligible to avail certain tax benefits, but one has to apply separately on another portal to avail it.
Department for Promotion of Industry and Internal Trade grants the startup recognition certificate based on certain conditions.
Private Limited Companies, Limited Liability Partnerships, Registered Partnership firms can obtain Startup recognition certificate.
Bought Together
There are many reasons why clients choose Bright Accounts, but from our experience we have listed the four main reason why you should go with us.
Get your GST Number in 3 days
GST Registration is mandatory for all business entities. Bright Accounts can help you obtain a GST number in 3 simple steps.
Save on Income Tax Filing & Returns
Bright Accounts will guarantees accuracy and compliance while ensuring a smooth and lawful income tax filing experience.
Register your MSME & get benefits
MSME is considered as the backbone of the economy. Bright Accounts will help you gain access to a range of benefits through its registration