Start Up

Start up India Services in India

Startup India is a initiative of the Government of India, intended to build a strong eco-system for nurturing innovation and Startups in the country and also for facilitation of Startup recognition, access to information related to mentors, Angel Funds, Venture Funds etc.

At RASHA Advisory we support government initiative of Start up’s by providing following helpful services:

  • Start up recognition with DIPP
  • Start up Tax Exemption
  • Project reporting under different schemes of funding
  • Preparation of Investor Pitch/Deck
  • Preparation of Business Plan
  • Strategy Development
  • Market Research & Intelligence
  • Marketing & Business Development
  • Alliances & Channel development
  • Organization Building
  • Corporate Identity/ Branding
  • Website Development/App Development
  • Incorporation/registrations, Compliance services and Regulatory Approvals
  • Business Support Services as per Sector specific

Startup Definition (As defined by DIPP)

Startup means an entity, incorporated or registered in India :

  • Upto a period of seven years from the date of incorporation/registration or upto ten years in case of Startups in Biotechnology sector
  • As a private limited company or registered as a partnership firm or a limited liability partnership
  • With an annual turnover not exceeding Rs. 25 crore for any of the financial years since incorporation/registration
  • Working towards innovation, development or improvement of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation

Provided that an entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Startup’.

An entity shall cease to be a Startup:

  • On completion of seven years from the date of its incorporation/registration, ten years in case of Startups in Biotechnology sector, or
  • If its turnover for any previous year exceeds Rs. 25 crore

KEY BENEFITS FOR REGISTRATION UNDER START UP INDIA 

Startup India SELF CERTIFICATION

and compliance under 9 environmental & labour laws
Startup India STARTUP PATENT APPLICATION
fast track & up to 80% rebate in filling patents

Startup IndiaPUBLIC PROCUREMENT

fast track under the criteria of “prior experience/turnover” for startups in all Central Government ministries/departments

 

Startup India WINDING UP COMPANY

in 90 days under insolvency & Bankruptcy code 2016

 

Startup India INR 10,000 CRORE FUND

of funds for investment into startups through Alternate Investment Funds

 

Startup India INR 2,000 CRORE CREDIT

guarantee fund for startups through National Credit Guarantee Trust Company / SIDBI over 4 years

 

Startup India  TAX EXEMPTIONS

on Income tax for 3 years

Startup India TAX EXEMPTIONS

on capital gains & on Investments above Fair Market Value

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A Startup is a newly established business recognised by government of India, It is usually small and started by one or a group of individuals. A startup offers a new product or service that is not being given elsewhere in the same way, which is novel, innovative and new. The key is known as innovation. Startup business either develops a new product or service or redevelops a current product/service into something better. In India, Startups are becoming very popular these days. In order to develop Indian economy and attract talented entrepreneurs, the Government of India, under the leadership of Prime Minister Narendra Modi, has started and promoted Startup India initiative to recognize and promote startups.