
Startup India: A Guide to Essential Registrations for Startups
India’s startup ecosystem is booming, and the Startup India initiative by the Government of India provides numerous benefits, including tax exemptions, funding support, and ease of doing business.
The Startup India initiative supports entrepreneurs with tax benefits, funding, and simplified regulations. To avail these advantages, startups must complete key registrations.
Essential Registrations for Startups
1. Business Structure Registration
- Private Limited Company (PLC): Best for funding and limited liability.
- Limited Liability Partnership (LLP): Ideal for flexibility and partnership businesses.
- One Person Company (OPC): Suitable for solo entrepreneurs.
- Sole Proprietorship: Simplest form but lacks legal separation.
2. Startup India Recognition
- Register on the Startup India Portal for tax exemptions, government schemes, and funding support.
3. GST Registration
- Mandatory if turnover exceeds ₹40 lakh (₹20 lakh for special category states).
4. PAN & TAN Registration
- Required for tax filings and TDS compliance.
5. MSME (Udyam) Registration
- Provides access to loans, subsidies, and government schemes.
6. Trademark & IP Registration
- Protects your brand, logo, and intellectual property rights.
7. Shops & Establishment Registration
- Mandatory for startups with a physical office or employees.
Author
Raushan Kumar
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