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Startup Registration

49.00

A startup typically refers to a newly established business venture, usually in the technology sector, with the aim of developing a unique product, service, or business model that fills a gap in the market. Startups often operate in a fast-paced, innovative environment and are characterized by their potential for rapid growth and scalability. These companies often begin with a small team of founders and may rely on venture capital or other forms of investment to fuel their growth. Startups face high levels of uncertainty and risk but also offer the potential for substantial rewards if successful. They play a crucial role in driving innovation, creating jobs, and disrupting established industries.

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When an NRI (Non-Resident Indian) wishes to register a startup in India, they typically need the following documents and information:

  1. Identity and Address Proof of Directors/Partners:
    • Copy of the valid passport of all directors/partners.
    • Overseas residential address proof of directors/partners (utility bill, bank statement, etc.).
    • Passport size photographs of directors/partners.
  2. Digital Signature Certificates (DSC):
    • Digital signatures are required for all directors/partners. DSCs can be obtained from certified authorities.
  3. Director Identification Number (DIN) or Partner Identification Number (DPIN):
    • DIN or DPIN is mandatory for all directors/partners. If not already obtained, DIN or DPIN can be applied for simultaneously with the company registration process.
  4. Name Reservation Application:
    • Application for reserving a unique name for the startup. Multiple options can be provided in order of preference.
  5. Memorandum of Association (MoA) and Articles of Association (AoA):
    • Drafting MoA and AoA defining the objectives and rules governing the company respectively. These documents should be stamped and notarized.
  6. Registered Office Proof:
    • Proof of registered office address such as lease deed, rental agreement, or utility bill along with a No Objection Certificate (NOC) from the landlord.
  7. Consent of Directors/Partners:
    • Consent letters from all directors/partners to act as such in the startup.
  8. Business Plan:
    • A detailed business plan outlining the startup’s objectives, products/services, target market, revenue model, etc.
  9. Foreign Investment Approvals (if applicable):
    • Depending on the sector and nature of investment, approval from relevant authorities may be required for foreign investment.
  10. Other Documents:
    • Any other documents as required by the regulatory authorities or investors during the startup registration process.

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