Our company is highly esteemed in providing Company Incorporation Service to the clients. We are rendering this service in order to meet the varying and ever-growing requirements and demands of our customers. This service is executed under the strict command of trained and knowledgeable personnel.
An entity is considered as startup up to 5 years from the date of its incorporation/ registration
Its turnover for any of the financial years has not exceeded INR 25 crore
It is working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property
It is supported by a recommendation (innovative nature of the business), OR by an incubator funded by Gol, OR is funded by Gol, OR is granted a patent or trademark in association with nature of business
1. It should have a minimum paid-up share capital of Rs. 1 Lakh or more.
2. Restricts the right of the transfer of its share;
3. The number of members are limited to 50 which does not include:
a) members who are employees of the company; and
b) members who are ex-employees of the company and were members while in such employment and who have continued to be members after ceasing to be employees
4. Prohibits any invitation to the general public to subscribe for any shares or debentures of the company
5. Prohibits any invitation or acceptance of deposits from persons other than its members, directors or their relatives.
Single window clearance, and creation of App
10,000 Crore funds of funds
80% reduction in patent registration fee
90-day exit window
Exempted from capital gain tax
Tax exemption on profits for 3 years
Reduction in red tape New compliance system (self-check)
IPR (Intellectual Property Rights) protection
Memorandum of Association;
Articles of Association;
A declaration in Form 1 by a person named in the articles of the proposed company as a director, manager, or secretary of the company,;
Form DIR 12 for appointment of Directors with their consent letters
Form INC 22 providing information about the registered office
An entity is considered as startup up to 5 years from the date of its incorporation/ registration
Its turnover for any of the financial years has not exceeded INR 25 crore
It is working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property
It is supported by a recommendation (innovative nature of the business), OR by an incubator funded by Gol, OR is funded by Gol, OR is granted a patent or trademark in association with nature of business
CONDITIONS
1. It should have a minimum paid-up share capital of Rs. 1 Lakh or more.
2. Restricts the right of the transfer of its share;
3. The number of members are limited to 50 which does not include:
a) members who are employees of the company; and
b) members who are ex-employees of the company and were members while in such employment and who have continued to be members after ceasing to be employees
4. Prohibits any invitation to the general public to subscribe for any shares or debentures of the company
5. Prohibits any invitation or acceptance of deposits from persons other than its members, directors or their relatives.
Key points of the initiative:
Single window clearance, and creation of App
10,000 Crore funds of funds
80% reduction in patent registration fee
90-day exit window
Exempted from capital gain tax
Tax exemption on profits for 3 years
Reduction in red tape New compliance system (self-check)
IPR (Intellectual Property Rights) protection
An application for registration
Memorandum of Association;
Articles of Association;
A declaration in Form 1 by a person named in the articles of the proposed company as a director, manager, or secretary of the company,;
Form DIR 12 for appointment of Directors with their consent letters
Form INC 22 providing information about the registered office
