Startup India registration is possible with the current scheme run by the government of India, which you can avail to see your ideas implemented into a successful startup. The idea about the startup can be put into effective usage with the aid of Startup India Scheme. The basic features of the scheme are as follows-

• ● Eligibility to apply for three years exemption from the tax filing returns in the first ten years of the business operation
• ● There is yet another scheme called FOF, Fund of Funds for the startups, you could avail from the fund pool of Rs 8,400 crore corpus.
• ● The Priority Tender and Procurement Scheme which entitles you to an exemption from the security deposit
• ● No labor law inspection for the startups in India which leaves with the owners of the startups to breathe easy and in freedom of running their business.
• ● You can be eligible for state funding
• ● Besides, be eligible for the bank loan

Eligibility conditions for the startups to avail the above benefits

• ● The startup has to be an LLP, limited liability partnership, or private limited company or in partnership
• ● The company must offer innovative solutions, services or products
• ● The startup should not be more than 10-year-old
• ● The turnover should not exceed Rs 100 crore in turnover
• ● The business model should generate employment
• ● The business model should be in a good position to generate wealth