Startup Advisory
Quick Answer
Startup Advisory India services help entrepreneurs and early-stage companies navigate the legal and regulatory landscape of starting and running a business in India. Our consultation covers entity formation, intellectual property protection, compliance with the Companies Act, 2013, and other applicable laws.
Startup Advisory — detailed explanation below
Governing Act — Startup Advisory India
The primary legislation governing startups in India is the Companies Act, 2013, which regulates incorporation, governance, and compliance. Additionally, the Startup India Initiative (2016) provides a framework for recognition, tax exemptions, and easier compliance. Other relevant laws include the Income Tax Act, 1961 (for tax benefits), Foreign Exchange Management Act, 1999 (for foreign investment), and the Intellectual Property Rights laws (for patents, trademarks, copyrights).
Government Department & Website for Startup Advisory India
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry is the nodal department for startup recognition and policy. The official portal for startup registration and compliance is startupindia.gov.in. For company incorporation, the Ministry of Corporate Affairs (MCA) portal at mca.gov.in is used.
Startup Advisory India Application Process
The process for startup advisory typically involves: (1) Entity Formation – choosing the right business structure (private limited, LLP, partnership, etc.) and incorporating it under the Companies Act or LLP Act. (2) Startup Recognition – applying for DPIIT recognition to avail tax benefits and other incentives. (3) Compliance Setup – obtaining necessary registrations (GST, MSME, professional tax, etc.) and drafting legal documents (founders' agreement, employment contracts, IP assignment). (4) Funding Advisory – structuring equity/debt, drafting term sheets, and complying with FEMA for foreign investment. Our consultation guides you through each step.
Key Forms Required for Startup Advisory India
Key forms include: SPICe+ (for company incorporation), INC-9 (declaration by subscribers), DIR-12 (director appointment), INC-22 (registered office address), GST REG-01 (GST registration), Form A (MSME registration), and Startup Recognition Form on the startup India portal. For IP, forms depend on the type (e.g., Form-1 for patent, TM-A for trademark).
Eligibility Criteria for Startup Advisory India
To be recognized as a startup under DPIIT, an entity must: (a) be incorporated as a private limited company, LLP, or registered partnership; (b) be up to 10 years from incorporation; (c) have annual turnover not exceeding ₹100 crore in any financial year; (d) work towards innovation, development, or improvement of products/processes/services; and (e) not be formed by splitting or reconstructing an existing business. Our advisory helps you assess eligibility and prepare the application.
Timeline for Startup Advisory India
The timeline for startup advisory depends on the complexity of services. Company incorporation typically takes 7-15 working days after document submission. Startup recognition by DPIIT is usually processed within 2-3 weeks. Compliance setup (GST, MSME, etc.) can be completed in parallel. For funding advisory, timelines vary based on investor negotiations and due diligence. We provide a structured roadmap during consultation.
Fees for Startup Advisory India
Government fees for startup-related registrations are as follows:
| Service | Fee (INR) |
|---|---|
| Company Incorporation (SPICe+) | ₹500 (stamp duty varies by state) |
| DPIIT Startup Recognition | Nil |
| GST Registration | Nil |
| MSME Registration | Nil |
| Trademark Application (per class) | ₹9,000 (individual/startup) |
| Patent Application (individual) | ₹1,600 (e-filing) |
Note: Professional fees for advisory services are separate and depend on the scope of work.
Frequently Asked Questions
What is Startup Advisory India and who needs it?
Startup Advisory India refers to legal and business consultation services for entrepreneurs starting a business in India. It is needed by founders who want to incorporate a company, obtain startup recognition, ensure compliance, or raise funding.
How can a Startup Advisory India consultation help with company registration?
A consultation guides you through choosing the right business structure, preparing incorporation documents (SPICe+), and filing with the MCA. It ensures compliance with the Companies Act, 2013 and avoids common errors.
What are the benefits of DPIIT startup recognition under Startup Advisory India?
DPIIT recognition provides tax exemptions under Section 80-IAC of the Income Tax Act, 1961, access to the Fund of Funds, easier IP registration, and self-certification under labour and environmental laws.
Does Startup Advisory India cover intellectual property protection?
Yes, our advisory includes trademark, patent, and copyright registration strategies. We help you file applications and protect your brand and innovations.
What documents are needed for a Startup Advisory India consultation?
Typically, you need your business idea summary, identity and address proofs of founders, proposed company name, and any existing agreements. Our team will provide a checklist during booking.
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