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Frequently asked Questions
Incorporate as a Private Limited Company, LLP or Partnership, then apply for DPIIT recognition on the NSWS portal with required documents. Novam Legal handles the process seamlessly.
The Seed Fund Scheme offers up to ₹20 lakhs for proof of concept, prototyping or trials, disbursed in milestone-based instalments tied to development stages.
सीड फंड योजना प्रूफ ऑफ कॉन्सेप्ट, प्रोटोटाइपिंग या ट्रायल के लिए ₹20 लाख तक का अनुदान देती है, जो विकास चरणों से जुड़े मील के पत्थर आधारित किस्तों में वितरित होता है।
Private Limited Companies, LLPs or Partnerships under 10 years old with turnover below ₹100 crore, offering innovative, scalable solutions, are eligible.
DPIIT recognition under NSWS certifies startups for benefits like tax exemptions, funding access and simplified compliance, issued by the Department for Promotion of Industry and Internal Trade.
Pradhan Mantri MUDRA Yojana (PMMY) offers loans up to ₹10 lakh for non-corporate, non-farm micro/small enterprises, including startups, to support growth.
Recognized startups can claim a 100% tax holiday on profits for 3 years within 7 years under Section 80-IAC, if turnover is below ₹25 crore annually.
Yes, angel investors with a net worth of ₹2 crore or specific income criteria (e.g., ₹25 lakh/year) can invest in startups for equity, per SEBI rules.
ncorporate your entity, register on the NSWS portal, submit documents (e.g., incorporation certificate, innovation proof) and await DPIIT approval.
No government fee applies for DPIIT registration.
Include incorporation certificate, innovation proof (e.g., pitch deck), PAN, MoA/AoA or deed, director/partner details and recommendation letter (if needed). Organization DSC is mandatorily required.
Benefits include 3-year tax holidays, 80% IPR fee reductions, access to ₹10,000 crore Fund of Funds, simplified compliance and faster procurement/exit.
Visit www.nsws.gov.in create an account, fill the DPIIT form, upload documents and submit. Novam Legal ensures a smooth online process.
To be eligible for Startup India (DPIIT) registration, your company must be incorporated as a private limited company, LLP or partnership under 10 years old with turnover below Rs. 100 crore and your business must be innovative and scalable.
It’s a DPIIT-issued certificate recognizing your startup, unlocking tax exemptions, funding and other government benefits under the NSWS scheme.
Yes, registration connects you to the ₹10,000 crore Fund of Funds, seed grants up to ₹20 lakh and investor/incubator networks
Visit www.nsws.gov.in .gov.in, sign in with your registered email and password to manage applications, documents and benefits.
With complete documents, DPIIT approval typically takes 5-10 working days. Novam Legal expedites the process for faster recognition.
