How to apply your startup with Startup India scheme

How to apply your startup with Startup India scheme, Start-up India Stand Up India Scheme is a scheme supported by the Government of India.

How to apply your startup with Startup India scheme
How to apply your startup with Startup India scheme
How to apply your startup with Startup India scheme

How to apply your startup with Startup India scheme

Start-up India Stand Up India Scheme is a scheme supported by the Government of India. The scheme was started by the Government of India on 16 January 2016. The campaign for this scheme was first announced by our Prime Minister Narendra Modi during his speech on 15 August 2015 from the Red Fort in New Delhi.

The purpose of the government's launch of this scheme is to promote employment and business in the country. The purpose of this scheme is to provide easy loan facility to small industries and businessmen. This is to say that the government wants to create a favorable situation for small industries and businesses to move forward, under which the government will help in facilitating loans to entrepreneurs who want to start their own business.

How to apply your startup with Startup India scheme

The government is working to connect the youth of villages and small towns with this scheme through start-ups. The government aims to promote industrial development and self-employment in the country. The government believes that this scheme will provide a new power to the skills and ideas of the youth.

The best way to make any business successful is its best plan. When planned, you can apply at startup. For this, you have to apply online by visiting its site. It is also called online registration. As soon as someone uploads the application related information for the startup, its verification will be done in real time. But before that you have to follow these few things.

Special things related to this scheme ...

Give the form of business, collect the necessary documents
Describe how your business is in a private limited company or partnership firm or limited liability partnership. Documents required for incorporation / participation registration, PAN card, proof of residence, rent or deed of place of business, MOA and AOA of the company, trade license, director identification number (DIN) and digital signature certificate with GST registration ( DSC). Then it is necessary to have a current account in a nationalized bank in the name of the company. Then register the business you want to start as a startup.

The registration form is accompanied by a recommendation letter - in the format issued by DIPP, a recommendation letter (about business) from the incubator set up in the college. Or a letter of recommendation from a government-recognized incubator. Or a patent published in a business related journal. Participation certificate. Apart from this, a brief description of the business, what will be the product / services.

On applying, you get a verification code for your startup. After this, after checking the documents you will be issued a Permission Letter. Take care while uploading documents (do not upload wrong or fake documents) or minimum fine of Rs 25,000. May take.

Startups are exempted from income tax for 3 years. To take advantage of this, they have to be certified by the Inter-Ministerial Board (IMB). Only then you will be able to get income tax exemption.

Applicants for the start-up scheme can complete the application process through the online platform. To join this scheme, the applicant has to fulfill all the conditions related to it. After that, you can apply online through the following process:

1- First of all, go to the link of Start-up India Scheme website by clicking here.
2- After that, the required information has to be filled. Such as - Entity Details; Full Address (Office); Authorized Representative Details; Director (s) / Partner (s) Details; Information required |
3- After giving all these information, the documents have to be uploaded.
4- After uploading the document, read the terms and conditions of the scheme and fill in the captcha and submit it.
5- After the completion of this process, if the applicant's application proves to be true in all the parameters, then it will be accepted by the department concerned.