Startup Company Registration Services

Starting a startup in Bangalore, widely recognized as India's technology capital, can be an exhilarating experience for you and your entrepreneurial sensibilities. With the growing technology ecosystem and many global technology firms selling their products in the market, Bangalore creates a great opportunity for entrepreneurs. It does not matter if you are a new tech company, family-run business, or a solopreneur, we have you covered for how to efficiently and effortlessly register your startup.

The Right Company Structure

Selecting your company structure is among the most important initial decision you will make, and this decision will impact your growth and expansion should your company grow. There are four primary types of business registration for you to consider in Bangalore:

Private Limited Company

  • Entrepreneurs with partners and raising capital;

  • High growth companies, most likely tech companies;

  • Foreign entities establishing an operational presence in India.

Limited Liability Partnership (LLP)

  • Family-owned companies;

  • Traditional trading companies;

  • Companies that do not have funding immediately.

One Person Company (OPC)

  • Sole founders raising capital;

  • Entrepreneurs who wish to potentially invite co-founders later on.

Proprietorship

  • The simplest structure for a start-up;

  • Experimenting with an idea as an entrepreneur.

Why Register Your Startup in Bangalore?

Bangalore is called the Silicon Valley of India because of its fast growth, state-of-the-art infrastructure, and an outstanding startup ecosystem. Furthermore, Bangalore has a strong hold of the best talent from across India meaning there is an ideal set up to create innovative businesses.

Necessary Documents for Startup Registration

For Identity Proof

  • Permanent Account Number (PAN) Card
  • Aadhaar Card / Passport / Driving License / Voter Identity Card

For Address Proof

  • Telephone Bill / Mobile Bill
  • Electricity Bill / Water Bill

  • Bank Statement/Pass Book (last transaction must not be more than 2 months old)

For Registered Office Address

  • Address Proof (Electricity Bill, Telephone Bill, Gas Bill, or Water Bill, not older than 2 months)
  • No-Objection Letter from the Owner of the Address.

Additional Requirements

  • Passport size photographs of all the Shareholders and Directors (3 photographs each) will be required for DIN/DSC application.

 

Eligibility Criteria for Startup India Registration

To be eligible for Startup India benefits, your entity must satisfy some criteria. The business must have been registered within the last 10 years. The entity must be registered as private limited company, partnership firm or limited liability partnership (LLP)

Your startup cannot be having an annual turnover greater than Rs 100 crores in any financial year after its incorporation for the dynamic nature of financial Platform. Lastly, your startup would have to show scalable business plans with wealth creation opportunities and job creation opportunities, which reinforces that it has a solid and growth plan.

Benefits of Startup India Registration

Registering your startup under Startup India offers numerous advantages:

Self-Certification

Self-certification of compliance for six labor laws and three environmental laws.

Halved Inspections

Inspections only on the basis of credible complaints.

Tax Implications

Exemption from income tax for any three consecutive years in the first ten years (which shall be subject to approval).

Ease of Winding Up

A simplified winding process under available Insolvency and Bankruptcy Code, 2016.

IPR Rebate

Rebates and fast tracing of approvals on copyrights, patents, and trademarks.

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