Udyogwardini | Startup India Registration

Empowering Entrepreneurs, Developing Startups and Upgrading Skills to make an Impactful Ecosystem since 1995.

startup meeting

Startup India is the Government of India's flagship program, with the goal of creating a robust ecosystem conducive to the growth of startup firms, hence driving sustainable economic growth and creating large-scale employment possibilities. Through this project, the government hopes to empower entrepreneurs to grow through innovation and design.

Numerous projects have been launched since the Hon'ble Prime Minister launched the initiative to contribute to his vision of changing India into a country of job creators rather than job seekers. These programs have accelerated the startup culture, with startups being recognized through the Startup India initiative and numerous entrepreneurs taking advantage of the perks of beginning a business in India.

Perks Of Being Recognized Entrepreneurs Through The Startup India Initiative

1

Self-Certification: Obtain self-certification and ensure compliance with three environmental and six labour laws.

2

Tax Exemption: Three consecutive years of income tax exemption, as well as tax exemption on capital and investments over fair market value.

3

Easy Company Winding Up: Within 90 days under the Insolvency and Bankruptcy Code, 2016

4

Patent Application & IPR Protection for Startups: Accelerated patent application with up to an 80% refund on patent filing fees

5

Easier Public Procurement Standards: Exemption from earnest money deposits, prior turnover restrictions, and experience requirements in government tenders

6

SIDBI Fund of Funds: Capital for startup investments via Alternative Investment Funds

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