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Start-up Registration Certificate
START-UP DPIIT RECOGNITION
To reduce the regulatory burden on Startups, thereby allowing them to focus on their core business and keep compliance costs low.
We offer specialized services for Non-Banking Financial Companies (NBFCs) to ensure seamless regulatory compliance and proper documentation. Our team provides end-to-end support from registration to ongoing compliance, helping you stay aligned with RBI and MCA requirements.
BENEFITS
- Startups shall be allowed to be self-certify compliance for 6 Labour Laws and 3 Environmental Laws through a simple online procedure.
- In the case of labour laws, no inspections will be conducted for a period of 5 years. Startups may be inspected only on receipt of credible and verifiable complaint of violation, filed in writing and approved by at least one level senior to the inspecting officer.
- In the case of environment laws, startups which fall under the ‘white category’ (as defined by the Central Pollution Control Board (CPCB)) would be able to self-certify compliance and only random checks would be carried out in such cases
- Government e Marketplace (GeM) is an online procurement platform and the largest marketplace for Government Departments to procure products and services. DPIIT Recognized Startups can register on GeM as sellers and sell their products and services directly to Government entities. This is a great opportunity for startups to work on trial orders with the Government.
- In order to promote startups, the Government shall exempt Startups in the manufacturing sector from the criteria of “prior experience/ turnover” without any compromise on the stated quality standards or technical parameters. The Startups will also have to demonstrate requisite capability to execute the project as per the requirements and should have their own manufacturing facility in India.
- DPIIT recognised startups have been exempted from submitting Earnest Money Deposit (EMD) or bid security while filling government tenders.
- Patent applications filed by startups shall be fast-tracked for examination so that their value can be realised sooner and Central Government shall bear the entire fees of the facilitators for any number of patents, trademarks or designs that a Startup may file, and the Start-ups shall bear the cost of only the statutory fees payable.
- This recognition helps startups to get access to various benefits such as tax exemptions, patentfiling assistance, and easier access to funding.
1. NBFC Incorporation of Companies
- Assistance with periodic filings such as:
- Annual Return for NBFCs
- Quarterly returns
- Event Based Return
- Drafting of Policies and procedures in compliance with RBI Guidelines
- Advising Companies to run their lending or Investment Business in accordance with the Threshold limits prescribe in RBI Guidelines
- Compliance with Fair Practices Code, KYC/AML guidelines, and board-approved policies.
- RBI correspondence and audit support.
Contact Us To Get Started