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Startup Registration in India

  • India has become a global hub for startups with over 1 lakh recognized under Startup India, necessitating formal registration for benefits like tax exemptions, funding, and legal compliance support.
  • A startup in India is defined by DPIIT as a new and innovative entity registered as a Private Limited Company, LLP, or Partnership, not older than 10 years, with turnover below ₹100 crore, focusing on technological solutions and scalability.
  • Startup registration offers benefits such as tax exemptions, IP assistance, funding access, compliance simplification, and networking opportunities through the Startup India hub, with specific eligibility criteria and documentation requirements.
  • The registration process involves incorporating the entity as a Private Limited Company, LLP, or Partnership, submitting necessary documents for Startup India recognition, receiving a Certificate of Recognition from DPIIT, and being aware of associated costs and timelines.

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