Startup India Scheme: How Company Registration Helps You Avail Benefits
The Startup India Scheme, launched by the Government of India in 2016, is a flagship initiative aimed at promoting entrepreneurship, innovation, and job creation across the country. One of the first and most crucial steps to avail benefits under this scheme is to register a company in Kerala or any other Indian state through the proper legal framework.
Why Registering a Company Matters
To be eligible under the Startup India Scheme, your business must be a registered entity—either a Private Limited Company, Limited Liability Partnership (LLP), or Partnership Firm. This legal recognition is essential to:
Access government incentives
Get funding support
Receive tax exemptions
Participate in startup incubator programs
Simplify compliance through self-certification
Without proper registration, a business cannot apply for DPIIT (Department for Promotion of Industry and Internal Trade) recognition, which is mandatory for Startup India benefits.
Key Benefits Under Startup India Scheme
3-Year Income Tax Holiday
Startups registered under the scheme can enjoy a 100% tax rebate on profits for three consecutive years within their first ten years of incorporation.
Easier Funding Access
With government-backed Fund of Funds for Startups (FFS), recognized startups have better chances of attracting investors and venture capital.
Faster Trademark and Patent Filing
Get up to 80% rebate on patent fees and faster processing of applications.
Self-Certification Compliance
Startups can self-certify under labor and environmental laws for the first few years, reducing legal hassles.
Government Tenders
Registered startups can apply for government tenders without prior experience or turnover requirements.
How to Register a Company in Kerala
The process to register a company in Kerala typically involves:
Choosing a company structure (Pvt Ltd, LLP, etc.)
Acquiring a Digital Signature Certificate (DSC)
Filing incorporation documents with the MCA
Obtaining PAN, TAN, and GST (if applicable)
Once registered, you can proceed to get your startup recognized by DPIIT and unlock the wide range of benefits the Startup India Scheme offers.
Conclusion
Whether you're launching a tech startup or a local service venture, choosing to register a company in Kerala is your gateway to government support, funding, and long-term sustainability. The Startup India Scheme is designed to fuel your business journey—don’t miss the chance to make the most of it.
🔗 Learn more about company registration in Kerala here
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