Startup India
Startup India registration is required to access the benefits and assistance offered by the Government of India's Startup India program.
The program's goals include:
Promoting entrepreneurship and innovation
Creating an ecosystem for new businesses
Boosting job creation
Reducing regulatory hurdles
Providing tax incentives
Making India a global hub for startups
Benefits of Startup India registration include:
Tax exemptions: Eligible startups can deduct 100% of their profits and gains for three consecutive assessment years. They can also apply for a tax holiday for three consecutive financial years out of their first ten years.
Simplified compliance: Startups can focus on their core business and keep compliance costs low.
Access to funding: Startups can get easier access to funding.
Networking and mentorship: Startups can get networking and mentorship opportunities.
Intellectual property support: Startups can get support for intellectual property.
To register a startup with Startup India, it must have at least one registered office in India.
