Legal Services for the Startup India Hub Initiative
The Startup India Hub is a transformative Government of India initiative designed to build a strong and inclusive ecosystem for innovation and entrepreneurship. At Startup Solicitors LLP, we provide specialized legal and advisory services to help startups navigate this platform and maximize its benefits.
Our goal is to serve as your strategic partner in leveraging every advantage the Startup India scheme offers. We provide expert guidance on securing DPIIT recognition, the crucial first step to unlocking a suite of benefits, including tax exemptions, simplified compliance, and access to funding opportunities.
From advising on eligibility criteria to handling the application processes for 80-IAC tax holidays and Angel Tax exemptions, our team ensures your startup is perfectly positioned for growth. We help you connect with the Startup India ecosystem, so you can focus on what you do best: innovating and building your business.
Startup India Initiative
Administering Body: Dept. for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry
Address: Udyog Bhawan, New Delhi, Delhi 110011
Phone: +91-9461620002
Email: info@startupsolicitors.com
A Complete Guide to Leveraging the Startup India Initiative
Gaining DPIIT recognition is the gateway to all Startup India benefits. Our experts streamline this critical process for you.
- Eligibility Assessment: We thoroughly assess your business model to ensure it meets the criteria of being an innovative and scalable startup.
- Documentation Preparation: Our team assists in preparing a compelling pitch deck and other necessary documents required for the application.
- Application Filing: We handle the complete online application process on the Startup India Hub portal, ensuring accuracy and compliance.
- Follow-up and Approval: We liaise with the authorities to ensure your application is processed smoothly and you receive your recognition certificate.
One of the most significant advantages of the Startup India scheme is the range of tax exemptions available.
- Section 80-IAC Tax Holiday: We help eligible startups apply for a 100% tax exemption on profits for 3 out of their first 10 years.
- Angel Tax Exemption (Section 56): We assist in filing Form 2 with the CBDT to secure an exemption on investments received above fair market value.
- Capital Gains Exemption: Guidance on exemptions from long-term capital gains tax for investors who reinvest their gains into eligible startup funds.
The Startup India initiative simplifies legal compliance and provides robust support for Intellectual Property Rights.
- Self-Certification of Laws: We guide you on how to self-certify compliance with key labor and environmental laws, reducing regulatory burden for up to 5 years.
- Fast-Tracked Patent Applications: We help you file patent applications with up to an 80% rebate on official fees and expedited examination.
- Trademark Application Rebate: Avail a 50% rebate on trademark filing fees through our network of registered facilitators.
- Easy Winding Up: Should the need arise, we assist in the fast-track winding-up process for startups, which can be completed within 90 days.
Our firm provides a holistic suite of services to ensure your startup fully benefits from the Startup India Hub.
- DPIIT Recognition Advisory: Complete handholding through the recognition process.
- Tax Exemption Filing: Expert assistance in preparing and filing applications for 80-IAC and Section 56 exemptions.
- IPR Strategy and Filing: Comprehensive services for patent, trademark, and copyright registration at subsidized rates.
- Government E-Marketplace (GeM): Assistance with registering on the GeM portal to participate in public procurement tenders.
- Corporate and Legal Compliance: Ongoing support to ensure your startup remains compliant with all statutory requirements.
The Startup India initiative facilitates access to capital through various government-backed schemes.
- Fund of Funds for Startups (FFS): We help you prepare your business to approach AIFs (Alternative Investment Funds) backed by the INR 10,000 crore Fund of Funds.
- Startup India Seed Fund Scheme: We guide eligible startups in applying for seed funding for proof of concept, prototype development, and market entry.
- Pitching and Networking: We connect you with networking events and platforms promoted by Startup India to help you pitch to investors.
- Investor Connect: Our services include preparing your legal and financial documentation to be "investor-ready," a crucial step before approaching VCs.
Success Stories with Startup India
Frequently Asked Questions
Your Questions on the Startup India Scheme
Find answers to common questions about DPIIT recognition, tax benefits, and how to leverage the Startup India Hub for your business.
Does my company need to be incorporated to apply for DPIIT recognition?
Yes, your entity must be incorporated as a Private Limited Company, a Limited Liability Partnership (LLP), or registered as a Partnership Firm to be eligible for DPIIT recognition. The business should also be less than 10 years old from the date of incorporation.
Is there a fee for registering on the Startup India Hub?
No, there are no government fees for registering on the Startup India portal or for applying for DPIIT recognition. It is a free initiative to encourage entrepreneurship. Our firm charges a professional fee only for the advisory and filing services we provide to ensure your application is successful.
Can an existing business be recognized as a startup?
Yes, an existing business can be recognized as a startup, provided it meets the eligibility criteria. The entity should not have been formed by splitting up or reconstructing an existing business, its turnover should not have exceeded INR 100 crore in any previous financial year, and it must be working towards innovation or have a scalable business model.
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