What is the procedure to register a startup company in India
What is the procedure to register a startup company in India, business (also known as an enterprise, a company or a firm) is an organizational entity involved in the provision of goods and services to consumers.Businesses serve as a form of economic activity, and are prevalent in capitalist economies, where most of them are privately owned and provide goods and services allocated through a market to consumers and customers in exchange for other goods, services, money, or other forms of exchange that hold intrinsic economic value.
Businesses may also be social non-profit enterprises or state-owned public enterprises operated by governments with specific social and economic objectives. A business owned by multiple private individuals may form as an incorporated company or jointly organise as a partnership. Countries have different laws that may ascribe different rights to the various business entities.
Incorporate your business:
You must first incorporate your business as a Private Limited Company or a Partnership firm or a Limited Liability Partnership.You have to follow all the normal procedures for registration of any business like obtaining the certificate of Incorporation/Partnership registration, PAN, and other required complaisance.
Register with Startup India:
the business must be registered as a startup. The entire process is simple and online. fill up the form with details of your business and upload certain documents.
Documents to be uploaded (in PDF format only):
A letter of recommendation must be submitted along with the registration form. Any of the following will be valid- A recommendation or A letter of funding by Government of India or A patent filed and published in the Journal by the Indian Patent Office in areas affiliated with the nature of the business being promoted.
Immediately get recognition number:
On applying you will immediately get a recognition number for your startup. The certificate of recognition will be issued after the examination of all your documents.