Startup Registration Services in Mandideep

The Raisen is a town and a municipality in having famous Industrial Area “ Mandideep” very nearby to the Bhopal Capital of MP .

We have our office at Indore where we deals in Whole State of the M.P. and Chattisgarh .

 Startup Registration Eligibility & Govt. of India Schemes in Mandideep

Prime Minister Narendra Modi launched the ambitious ‘Startup India’ Movement to boost digital entrepreneurship at the grassroots level. He spelt out the various salient features of the action plan .

In a major announcement, he said there will be income tax exemption to startups for the first three years. He also promised faster patent registrations and quicker exits for companies. norms will be relaxed for public procurement of startups.

Important Schemes of the Start-up-

  • Startup Intellectual Property Protection (SIPP)
  • Provide financial assistance to protect Patent , Trade Marks
  • Atal Innovation Mission (AIM)
  • Establishment of incubators to nourish
  • Entrepreneurship promotion through Self-Employment and Talent Utilization (SETU)

Eligibility for Start-up Registration

1.It must be an entity registered/incorporated as:-

  • Limited Liability Partnership – Limited Liability Partnership Act, 2008- LLP.
  • Registered Partnership firm -Partnership Act, 1932; or
  • Private Limited Company under the Companies Act.

2.Five years must not have elapsed from the date of incorporation /registration.

3.Annual turnover (as defined in the Companies Act, 2013) in any preceding financial year must not exceed Rs. 25 crore

4.Startup must be working towards innovation, development, deployment or commercialisation of new products, processes or services driven by technology or intellectual property.

5.The Start-up must aim to develop and commercialise:-

  • a new product or service or process; or
  • a significantly improved existing product or service.

6.The Start-up must not merely be engaged in:-

  • Developing products or s