Startup India Registration
NARESH POKALA & COMPANY · Hyderabad
Startup India (DPIIT) Registration in Hyderabad
Startup India recognition is granted by the Department for Promotion of Industry and Internal Trade (DPIIT). A recognised startup can access government benefits, easier compliance and funding schemes. Naresh Pokala & Company helps founders in Hyderabad check eligibility, prepare a strong application and get recognised.
Who Is Eligible?
- The business is a Private Limited Company, an LLP or a registered partnership firm.
- It is less than 10 years old from the date of incorporation or registration.
- Its turnover has not exceeded ₹100 crore in any financial year since incorporation.
- It works on innovation or improvement of products, processes or services, or has a scalable business model with potential for jobs or wealth creation.
- It was not formed by splitting up or reconstructing an existing business.
Benefits of DPIIT Recognition
- Eligibility to apply for an income tax exemption on profits for three consecutive years, subject to approval by the Inter-Ministerial Board
- Self-certification under certain labour and environmental laws
- Fast-tracked patent and trademark applications with fee concessions
- Relaxed eligibility in many government tenders
- Access to government funding schemes and the Startup India network
Documents and Details Required
- Certificate of incorporation or registration
- PAN of the entity
- Details of directors or partners
- A short write-up on the product or service, the problem it solves and how it is innovative or scalable
- Website, pitch deck or product details, if available
Our Process
- Eligibility check and advice on the right business structure
- Company or LLP registration, if not already done
- Drafting the innovation write-up for the application
- Filing the application on the Startup India portal
- Follow-up until the recognition certificate is issued
Frequently Asked Questions
Can a proprietorship get Startup India recognition?
No. Only Private Limited Companies, LLPs and registered partnership firms are eligible.
Does recognition automatically give a tax exemption?
No. The tax exemption needs a separate application and approval from the Inter-Ministerial Board.
Get Recognised Today
Talk to Naresh Pokala & Company, Chartered Accountants, LB Nagar, Hyderabad. WhatsApp us on 73068 10570.