NIRANJAN ALVA & ASSOCIATES
Get recognized under Startup India and access tax benefits, funding, and more.
The Startup India initiative, launched by the Government of India, aims to support and promote innovation-driven enterprises by providing regulatory, tax, and funding benefits. Eligible entities can apply for recognition under the Department for Promotion of Industry and Internal Trade (DPIIT) to access these benefits.
Recognition under the scheme requires compliance with prescribed eligibility criteria, documentation, and declarations. The firm provides guidance and assistance to startups through every stage of the application and compliance process.
Scope of services includes:
Assessment of eligibility criteria including entity type (Private Limited Company, LLP, or Registered Partnership), age of the entity, and turnover threshold
Advisory on documentation and business plan requirements for DPIIT registration
Preparation and filing of Startup India recognition application on the Startup India portal
Drafting of supporting documents such as entity profile, declaration forms, and brief note on innovation and scalability
Coordination with DPIIT and assistance in responding to queries or clarifications
Assistance in obtaining the Certificate of Recognition from DPIIT
Advisory on post-recognition benefits such as:
Income Tax Exemption under Section 80-IAC
Exemption from Angel Tax under Section 56(2)(viib)
Self-certification for labour and environmental laws
Fast-track patent and trademark application processing
Guidance on fundraising, pitch preparation, and connecting with incubators (where applicable)
Maintenance of statutory compliance to retain Startup India recognition
The registration is carried out strictly in accordance with DPIIT guidelines and Startup India policies, ensuring alignment with the scheme’s framework and eligibility criteria.