Startup India is a flagship initiative launched by the Government of India to promote innovation, support entrepreneurship, and create a robust ecosystem for startups. For early-stage businesses, getting recognized under the Startup India scheme offers a wide range of benefits — from tax exemptions to easier compliance.
In this blog, we’ll guide you through the Startup India registration process, key benefits, and the documents required to apply successfully.
📌 What Is Startup India Recognition?
Startup India Recognition is granted by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry. It is a government-issued certificate that identifies a business as a “Startup” eligible for various incentives.
✅ Eligibility Criteria for Startup India Registration
To qualify for Startup India recognition, your business must meet the following criteria:
Type of Entity:
Must be a Private Limited Company, LLP, or Registered Partnership Firm.Age of Business:
The entity should not be more than 10 years old from the date of incorporation.Annual Turnover:
Should not exceed ₹100 crore in any of the previous financial years.Innovation & Scalability:
Must be working towards innovation, improvement of existing products/services, or have the potential to create employment/wealth.Original Entity:
It should not have been formed by splitting or reconstructing an already existing business.
🎯 Benefits of Startup India Registration
Here are some of the key advantages of getting recognized under Startup India:
1. Income Tax Exemption (Section 80-IAC)
Eligible startups can avail 100% tax exemption on profits for 3 consecutive financial years out of the first 10 years.
2. Angel Tax Exemption (Section 56(2)(viib))
Startups are exempt from the Angel Tax on funds raised from investors above fair market value.
3. Fast-Track Patent Application
Enjoy 80% rebate on patent filing fees and expedited examination of patents and trademarks.
4. Self-Certification Under Labour & Environmental Laws
Startups can self-certify their compliance under 9 labor laws and 3 environmental laws for up to 5 years.
5. Access to Government Tenders
Recognized startups get priority access to government procurement without the need for prior experience or turnover.
6. Easier Access to Funds
Startups can pitch to investors through the ₹10,000 crore Fund of Funds managed by SIDBI.
7. Networking Opportunities
Startups gain access to incubators, mentorship networks, startup events, and knowledge-sharing platforms.
📋 Documents Required for Startup India Registration
To apply for Startup India recognition, you’ll need the following documents:
Mandatory Documents:
Certificate of Incorporation/Registration (PDF format)
Issued by ROC for Private Limited/LLP/Partnership.
PAN Card of the Entity
Details of Directors/Partners Including PAN, Aadhaar, contact details.
Brief Description of the Business How it is innovative, scalable, or employment-generating.
Website Link, Pitch Deck, Product Details (if available Not mandatory but highly recommended for approval.
Authorization Letter/Board Resolution If an authorized representative is applying on behalf of the company.
🖥️ How to Register Under Startup India – Step-by-Step Process
Here is a simplified version of the registration process:
🔹 Step 1: Incorporate Your Business
Register your entity as a Private Limited Company, LLP, or Partnership Firm with the MCA.
🔹 Step 2: Create an Account on Startup India Portal
Visit www.startupindia.gov.in and create your profile.
🔹 Step 3: Apply for DPIIT Recognition
Fill in the application form with:
Basic details of the company
Directors/partners’ info
Product/service description
Upload required documents
🔹 Step 4: Submit the Application
Once submitted, the DPIIT will review your application.
🔹 Step 5: Get DPIIT Certificate
If approved, you’ll receive a Startup Recognition Certificate (usually within 7–10 working days).
📎 Sample Use Cases
Startups from the following sectors have benefited immensely from this scheme:
SaaS & IT Solutions
Fintech & Edtech
Healthtech & Biotech
Agritech & Food Processing
Ecommerce & D2C Brands
🤝 How Lakshyaniti Compliance Solution LLP Can Help
At Lakshyaniti, we specialize in helping startups navigate the Startup India registration process — quickly, correctly, and affordably. Our services include:
Eligibility assessment
Document preparation & verification
Application filing on the Startup India portal
Post-recognition tax exemption (80-IAC) filing
Angel tax exemption filing (Form 56)
We’ve helped 100+ startups across India gain DPIIT recognition and access government incentives.
📞 Ready to Get Recognized as a Startup?
Let’s make your startup eligible for tax breaks, government tenders, and funding opportunities.
👉 Contact Lakshyaniti Compliance Solution LLP for end-to-end support.
📧 Email: contact@lakshyaniti.com
🌐 Website: www.lakshyaniti.com
📞 Phone: +91-9899707496
Lakshyaniti – Helping You Grow, the Right Way!
