STARTUP SERVICES
More time to focus on business and right direction in legal and accounting.
We act as SPOC for companies entering India and for Indian Start-ups and provide them end-to-end support in their initial phase till they become self-sufficient.
- Selecting the right form of entity viz proprietorship, Partnership, Company and LLP and incorporation.
- Drafting of Partnership deed, LLP agreement, MOA & AOA etc
- Obtaining Regulatory approvals from FIPB, RBI, SIA and ROC.
- Foreign Direct Investment Company/LLP Registration for foreign Individuals, Incorporation of Subsidiaries).
- Foreign Company New offices- Liaison Office, Branch Office, Project Office.
- Application for Registration of DIN/DPIN, PAN, TAN, GST, PF, ESI, PT, IEC & MSME/ Udyog Aadhaar.
- Setting up the Accounting systems and Book Keeping services, Annual Financials, Compliance Support (GST Return Filing, TDS Return Filing, Income Tax Return Filing ,ROC Filing of AOC-4 & MGT-7,DIR-3 KYC ,DPT-3 Filing, etc.,)
- Fund raising – Assistance in private equity, venture capital or bank loans
- Valuation of Start ups business and unlisted shares
we have short listed the most commonly asked questions by the companies regarding start up India Registration and benefits of Registration, We are sure the following FAQs will answer most of your questions
How can my business become eligible to get benefits under the Start-up India Initiative?
If you fulfill following conditions, you are eligible to apply under the scheme subject to government qualifiers:
- The Startup should be incorporated as a private limited company or registered as a partnership firm or a limited liability partnership.
- Turnover should be less then INR 100 Crore in any of the previous financial year.
- An entity shall be considered as a startup up to 10 years from the date of its incorporation.
- The startup should should be working towards innovations/ improvement of product, services and processes and should have the potential to generate employment/ create wealth. An entity formed by splitting up or reconstruction of an existing business shall not be considered as "startup"
To avail the benefits under this initiative, the start-up entity should be registered as one of the below:
- Private Limited Company
- One Person Company (OPC)
- Registered Partnership firm
- Limited Liability Partnership Firm (LLP
What are the benefits under Start-up India Initiative?
The scheme has brought a bunch of benefits for the start-up to launch in a cost effective manner, procure funds, get their intellectual rights protected at subsidised rates among others. The key benefits under Start-up India initiative are:
- Tax benefits
- Relaxation in Income Tax for first three years
- Exemption on Capital Gain
- Intellectual Property rights protection
- Fast track processing and 80% rebate on Start-up Patent Registration
- Simplified process
- Simplified route to incorporate business and getting other government registration via dedicated web portal and mobile app
- Arrangement of self-certificate-based compliance
- No inspection during the first 3 years
- Easy exit policy
- Mentorship by industry experts & ease in procurement of funds
- Academic Partnership & Incubators support in Research & Analysis
We at S V R Y & Co., Bangalore help the Start-ups from incorporation to till they become self-sufficient in the areas like book keeping, Compliances, Start-up India initiative registration ., etc. In case you need these services, we would be glad to assist you. Please write to enquiry@svryca.com