Startup India Registration in Bangalore
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
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Nitesh P2023-07-31Best place to file ur GST n IT returns .. They respond quickly, communicate well and get ur work done as per ur needs in a very short time ..Raghavendran V2023-07-27Best place for Income tax filingShruti Pb2023-07-17Of all the CA, CS teams I have interacted with, they are the most prompt and organized. I have taken their services for almost 3 years now for various things like income tax queries, income tax filing, networth certificates, and compliance certificates. They always display a clear understanding of the law and are also able to explain it to you in layman terms. Overall a very resourceful and courteous team. Thank you for the support!Suvadhana B2023-03-13Best company secretary I bangalore ever seen such quick quality serviceHeenarustam Sayal2023-03-12Prakasha & Co has been a lifesaver for me when it comes to my tax dispute and filings with IT office. They are always very responsive and helpful whenever I have any questions or issues, I recently had an issue with my sister business GST filings, and they were able to quickly identify the issue and help me resolve it. They really go above and beyond to make sure their clients are taken care of.moh Samn2023-02-17''The team at Prakasha& Co made sure my company was compliant with all the legal requirements. Their attention to detail and timely response was truly remarkable."Rizwan RS2023-02-17"I was impressed with the level of customer service provided by Prakasha& Co. They were always available to answer my questions and provide guidance throughout the company registration process."
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