Startup India Registration

To be eligible for DPIIT recognition and our expert support, your entity must meet these criteria:

• Entity Type: Must be a Private Limited Company, a Registered Partnership Firm, or a Limited Liability Partnership (LLP).
• Age of Entity: The business must not have completed 10 years from its date of incorporation.
• Turnover Limit: Annual turnover must not have exceeded ₹100 Crores in any previous financial year.
• Nature of Work: The startup should be working towards innovation, development, or improvement of products or processes with a high potential for employment generation or wealth creation.
• Originality: The entity must not have been formed by splitting up or reconstructing an existing business.

Ofin Legal provides end-to-end support to get your startup “government-ready”:

• DPIIT Recognition Filing: Guaranteed assistance in obtaining your Startup India certificate.
• 80-IAC Tax Holiday Support: Expert consultancy and filing for the 3-year income tax exemption (IMB application).
• IPR Rebate Facilitation: Claiming 80% patent and 50% trademark fee rebates on your new IPR applications.
• Startup Consultant Access: A dedicated expert to guide you through the innovation summary and Bhaskar ID generation.
• Seed Fund Eligibility Check: Pre-screening your entity for SISFS and other government grant applications.

Incorporation Documents

• Certificate of Incorporation (CoI).
• Memorandum of Association (MOA) & Articles of Association (AOA) or Partnership Deed.Business Proofs

• A brief write-up on the innovation and scalability of the business.
• Link to your functional Mobile App or Website.
• Pitch Deck or Presentation (if available).Other Essentials

• PAN Card of the Entity.
• Contact details (Email/Mobile) of the authorized director/partner.
• Bhaskar ID (Generated during our process)
• Enterprise Digital Signature 

1. Expert Consultation: We assign a dedicated Startup Consultant to understand your business model.
   
2. Bhaskar ID Generation: We manage the mandatory registration on the Bhaskar portal to create your digital identity.
3. Application Drafting: We compile the required documents and review your innovation write-up for portal compliance.
4. Submission: The final application for DPIIT recognition is submitted through the Startup India portal.
5. Certificate Issuance: Upon verification by government authorities, your DPIIT Certificate is issued and shared with you.
6. Tax Exemption (Optional): Post-recognition, we can assist in filing the 80-IAC application for the tax holiday.

• Bhaskar ID & Portal Registration: 1–2 working days.
• DPIIT Recognition Approval: Usually takes 7–15 working days, depending on the response from the department.
• 80-IAC Tax Exemption: This is a more detailed process and may take 3–6 months for a decision from the Inter-Ministerial Board.
• Note: There are no government fees for the DPIIT certificate; however, the timeline depends on the accuracy of the provided innovation write-up. For 80-IAC Tax Exemption the client may be required to visit the Income Tax department.

While there are no “late fees” for Startup India, the risks of not having recognition or providing false information are significant:

• Loss of Benefits: Missing out on tax-free profits (80-IAC) and high-value government grants like SISFS.
• Application Rejection: Rejection due to poor drafting can lead to a “cooling-off” period before you can re-apply.
• Revocation: If it is found that recognition was obtained through fraudulent means, the DPIIT can revoke the certificate and recover all tax benefits enjoyed.
• Full IPR Costs: Without the certificate, startups must pay 100% of the government fees for Trademarks and Patents.

• Guaranteed DPIIT Recognition: We ensure your entity meets all portal requirements for a successful application.
  
• Dedicated Startup Consultant: You get a professional point of contact who understands the startup ecosystem.
• Integrated IPR Savings: We automatically apply your DPIIT benefits to any Trademark or Patent filing you do through us.
• Transparent Pricing: Our package covers the complete DPIIT process at the lowest professional fees in India.

The 80-IAC Tax Exemption is the most significant financial benefit of the Startup India program. Recognized startups can apply for a 100% tax exemption on profits for 3 consecutive years out of their first 10 years since incorporation.

• Note: While DPIIT recognition is easy to obtain, 80-IAC is granted only to a fraction of startups that demonstrate high levels of innovation and are approved by the Inter-Ministerial Board. Ofin Legal provides the specialized consultancy required to navigate this high-level application.

DPIIT-recognized startups enjoy a significant edge in B2B and B2G (Business to Government) sectors:

• EMD Exemption: Startups are exempt from paying the “Earnest Money Deposit” when bidding for government tenders.
• Relaxed Criteria: Government departments often waive the “prior turnover” and “prior experience” requirements for recognized startups, allowing new companies to compete with established giants.