Registering a start-up business in India

March 9, 2023
DD Planet

Things have changed with time in India and the formalities required to run a business are becoming easier with each day gone.

For registering a start-up business that have solo owners, here are the tips:

1. Choose your company’s name that is available with the Ministry of Corporate Affairs (www.mca.gov.in) and is as per their rules. Visit ‘Company Services’ under ‘MCA services’
2. Get formal letter issued by ROC regarding company’s name availability
3. Write details of the proposed directors of your company
4. Get DIN (Director Identification Number) for all your directors
5. Get DSC (Digital Signature Certificate)
6. Apply for the company registration online with Ministry of Corporate Affairs by creating an account at their website www.mca.gov.in
7. Get the registration certificate of your start-up
8. Register your start-up with Start-up India at www.startupindia.gov.in
9. Get recognition from DPIIT by visiting dpiit.gov.in
10. You need to have proof of concept such as website link/ video/ pitch et cetera whereas patent and trademark details are optional.
11. There is no physical presence required. The whole registration process is online and the average duration of receiving registration is not more than 15 days as on date.
12. Depending on the type and size of the business you have, you may have to register for MSME or SSI at UDYAM (website: udyamregistration.gov.in), a Trademark, FSSAI and IEC (Import-Export) code et cetera.

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