Startup India Registration in Bangalore

Startup India Registration in Bangalore – The startup ecosystem in Bangalore is vibrant and attracts several opportunistic entrepreneurs and investors. The city is easily one of India’s fastest-growing tech hubs, giving ample business opportunities to budding startup owners. The Startup India Registration is a government initiative to promote startups to make a thriving scenario for the startup ecosystem in India. Prakasha & Co. offers the best Startup India Registration in Bangalore for smooth registration without obstacles. Our startup registration consultants have extensive experience in offering registration consultancy to all interested businessmen and startup owners.

Connecting with Prakasha & Co. is an ideal choice to outsource the registration process and take care of all the steps. This process is essential for any upcoming entrepreneur to establish a distinct identity in the competitive market in Bangalore. By acquiring Startup India Registration in Bangalore you can gain access to various benefits and incentives while adhering to all the legal and financial obligations. Go through the blog to learn about the different aspects of startup registration and all the important documents needed to complete the registration process. 

Eligibility Criteria for the Startup India Registration

Startup Indian registration does not apply to all business entities. There are a few eligibility criteria that need to be fulfilled to apply for the Startup India Registration in Bangalore. Read the registration criteria below to ascertain whether you fall under the eligibility criteria or not. 

• The period of existence and operations of the business should not exceed the tenure of 10 years from the date of formation. 
• The startup should have a DPIIT Certificate of Recognition to certify whether a company is a Limited Liability Partnership (LLP), a Private Limited Company, or a Registered Partnership Firm. 
• The business should have an annual turnover of Rs. 100 crore for any of the fiscal years since its establishment. 
• The company should have an original entity and should not have emerged from some other already existing business identity. 
• The startup should have an innovative scalable entity and should be working for the development of a new product. 

Benefits of Startup India Registration in Bangalore 

It is a fact that acquiring Startup India Registration in Bangalore can help you adhere to all the legal and financial obligations. However, there are several additional advantages that you can enjoy on startup registration in India. Our startup registration consultant at Prakasha & Co. offers comprehensive financial mentoring to complete the registration process in Bangalore. 

You can avail several benefits by applying for the Startup India Registration in Bangalore. These benefits give startup owners financial and tax leverage, which could be challenging to deal with. Let’s discuss these benefits in detail to know how to leverage the startup scenario in Bangalore. 

Potential Tax Savings for Investors:  One of the key benefits of Startup India registration is the tax savings and other exemptions offered to the investors which also help in attracting more investors for the business. 

 Easy Application for Government Tenders: Acquiring startup registration allows you to easily apply for government tenders and get exemptions from the prior experience to turnover criteria. 

Readily Available Funds: The government has invested Rs. 10,000 crores for startup venture capital in India. Businesses that register for Startup India can easily avail funds and convenience banks and other financial bodies to invest in their venture. 

Quick Wind Up: The registration process allows to easily wind up the company. It only takes 90 days to wind up the company under IBC, 2016. 

Documents Required for the Startup India Company Registration in Bangalore 

Startup India registration is an elaborate process and requires several important documents for legal verification and other purposes. Each document verifies a legal obligation and allows for a smooth registration process. The startup consultants at Prakasha are well-versed with the documentation required for the Startup India Registration in Bangalore and help in timely submitting and arranging all the documents. The list of documents usually required for Startup India Company Registration in Bangalore is mentioned below: 

• Latest passport-size photos of all the Directors and Partners
• Details regarding the amount of investment and investors
• Details of IPR Registration
• Website or Mobile App link (if any)
• Growth Plan and Business Plan
• Udyam Registration or MSME Registration
• CoI or Certificate of Incorporation
• MoA (Memorandum of Association) & AOA (Articles of Association)
• List of all designated Directors and Partners
• Contact details of all the Directors or Partners
• A brief write-up on the working and potential of the business

Choose Prakasha & Co. for Startup India Registration in Bangalore

Prakasha & Co. is a reputed business consultancy firm in Bangalore. We are a team of Company Secretaries, CA, GST experts, and legal experts with years of experience in the industry. Our startup consultants work hard to offer you tailored and highly specific consultancy regarding the Startup India Registration in Bangalore. Our experts take care of all the legal and financial obligations and offer plenty of time to focus on other aspects of the business setup. The key benefits of collaborating with Prakasha & Co. are briefed below: 

• A team of legal experts to handle all the legal formalities
• Comprehensive assistance from the beginning till the end
• 24/7 assistance in all the queries 
• Positive google reviews and client feedback 
• Transparent pricing structure 

You can get in touch with the experts at Prakasha & Co. to get the best consultancy services for Startup India Registration in Bangalore. Associating with us is an ideal choice to save time wasted in completing the registration process. For more information contact us on the details below: 

Contact At!

Name: Prakasha & Co Address: 188/1, Sahakarnagar, Bangalore-92 

Phone: +91-7019 827 351 

Email: Prakashaandco@gmail.com