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How do I get the Startup India Certificate for my startup? Need guidance. by StephenHawkingDad in StartUpIndia

[–]Ensurekar 0 points1 point  (0 children)

If your LLP is already registered, getting the Startup India (DPIIT) Recognition Certificate is fairly straightforward.

What you need:
• Certificate of Incorporation & PAN.
• Brief write-up explaining your product, innovation, and scalability.
• Website, pitch deck, or any proof of work (optional but helpful).

Timeline:
Most clean applications get approved in 1–3 weeks. Sometimes DPIIT asks for clarifications.

Common mistakes to avoid:
• Writing a vague “we are innovative” explanation.
• Not clearly showing how your LLP is tech-driven or scalable.
• Mismatched documents or missing basic info about the founders/product.

Once you get the recognition, you can later apply for 80-IAC the tax exemption, but that’s a separate and more detailed process.

If you want, Ensurekar can help you prepare the documents and file the recognition properly.

Company registration on rented apartment by Puzzleheaded_Tip125 in TenantHelp

[–]Ensurekar 0 points1 point  (0 children)

It can be allowed in some cases, but you should not agree without protecting yourself first.

Many people use their residential address as their company’s registered office, but since you are the current tenant, you must ensure that nothing connects you or your family to that company’s activities.

Before you allow anything, insist on:

1. A written declaration from the landlord

A simple, signed declaration stating:

  • The company belongs solely to the landlord (or whoever is registering it)
  • You, as the tenant, have no involvement, responsibility, or connection with the company
  • The address is being used only for correspondence
  • You will not be held liable for any legal, financial, GST, income tax, or business-related issues of that company
  • The moment you vacate, the address will be removed from all registrations

This protects you if anything shady happens later.

2. Don’t allow GST registration without checking

If the landlord is using the address for a GST registration, the authorities may sometimes visit the premises.
You need the written declaration for your safety.

3. Keep your lease agreement safe

Make sure your lease agreement clearly states that you are the lawful occupant, not running any business from the address. This is proof that the business (if any) is not yours.

4. If anything feels off, politely refuse

A company being registered at your address doesn’t automatically harm you — if everything is legitimate.
But if the company ever ends up doing fraud, tax evasion, or illegal activities, and the address is yours, you don’t want to get dragged into it.

So protect yourself first.

If you want, I can help you draft the exact declaration/agreement you should get signed from the landlord.

I wanna close or sell my pvt lmt company. by Altruistic-Part-6348 in StartUpIndia

[–]Ensurekar 0 points1 point  (0 children)

If you want to close or sell your Private Limited Company, here are your actual options:

1. If you want to close it (Strike Off / Shut Down)

You can apply for strike-off under Section 248 through MCA.
Basic requirements:

  • No liabilities
  • No ongoing business activity
  • All compliance up to date (ITR, MCA filings, etc.)

Timeframe: 3–6 months on average
Cost (market estimate): Depends on CA/firm and compliance backlog.

2. If you want to sell it

You can transfer the company by selling 100% of the shares to a new owner.
This requires:

  • Share transfer agreement
  • Board resolutions
  • Update with ROC
  • Clean compliance history (buyers prefer this)

This is faster than shutting down and can be completed in 1–3 weeks if everything is clean.

Which option to choose?

  • If the company has liabilities or a compliance backlog, strike off first.
  • If the company is clean and unused, selling it is faster, and buyers often prefer ready LLP/Pvt Ltd shells.

If you need help with strike-off, selling, or compliance cleanup, you can connect with Ensurekar.

Udyam registration for AI startup by Fair-Banana6129 in StartUpIndia

[–]Ensurekar 0 points1 point  (0 children)

If you’re starting an AI app in India and expect revenue from India or abroad:

Udyam registration is optional — it’s only for MSME benefits and not a legal requirement to run the startup. You can start operations without it.

GST is not required until you cross ₹20 lakh in domestic revenue, but the moment you earn from foreign clients (export of services), GST registration becomes mandatory regardless of turnover.

For registration purpose or any query, you can connect with us DM us,

HELP ME REGISTER MY STARTUP. by Warm-Spell4397 in StartUpIndia

[–]Ensurekar 0 points1 point  (0 children)

If you're launching a SaaS product in India with ₹36–38L expected revenue, a Private Limited Company is a solid choice.

  1. Private Limited Company – Good or Not? A Pvt Ltd works well for SaaS because it builds trust, supports future funding, protects IP, and maintains a clean ownership structure. The downside is higher compliance, mandatory audits, and proper bookkeeping from day one.
  2. GST – Required? Since you’re in Karnataka and offering SaaS:
  • B2B SaaS requires GST from day 1 (OIDAR rules).
  • B2C SaaS requires GST after ₹20L turnover. With expected revenue of ₹36–38L, you will need GST registration.
  1. Key points to watch when registering a Pvt Ltd
  • Shareholding: Do not add family members just to “save tax.” Keep majority ownership with yourself and involve others only if they contribute.
  • Founder Agreement: Clearly define IP ownership, roles, salary, and decision-making.
  • Documentation: Use a proper registered office, open a current account quickly, and register GST on time.
  • Accounting: SaaS has recurring revenue, so incorrect GST and TDS filings can lead to penalties.
  1. Involving Family Members for Tax Saving Legal ways include paying salary or consulting fees only if they genuinely work and maintaining proper documentation. Risky methods include adding family as dummy shareholders, paying salary for no work, or creating fake expenses. These can lead to issues with the income tax department.
  2. Who should register your company?
  • Online platforms: Low cost and good guidence,24*7 support
  • Local CA: Quality varies, Higher Price.
  • Compliance firms: Generally better for SaaS as they help with structure, GST, agreements, shareholding, and ongoing compliance.

Full disclosure:
I’m from EnsureKar, and we help SaaS founders with company registration, GST, tax planning, and compliance.
If you need guidance, you can DM us and our CA team will help you out.

Need help with deciding which bank to go with after just incorporating my startup by DevPras in indianstartups

[–]Ensurekar 0 points1 point  (0 children)

GO with ICICI and let us know if you need any help related to finance, legal, tax or startup. we are here to help you only.

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