SILENTSTORE PRIVATE LIMITED

In their own words

It saves customers time and also products which are not accessible by the Tier-2 and Tier-3 city consumers, will be made available to them through our online platform Most of the startups are focused on gaining revenues and maximizing their profits by using various methods which is a good thing. At the initial stage, most of the startups are bootstrapping their organizations out of their hard-earned money. One of the ways to enhance your earnings is to reduce the cost. Government retain 30% of our income in form of tax which leads to increased cost. We can save this cost for three years by simply registering our startup with the Startup India initiative. Incorporating your business in Limited Liability Partnership or a Private Limited company or a Firm. You must follow the ordinary procedures as a certificate of incorporation, Pan card and other compliances related to the particular type of business. Registration must be after or in 1st April 2016.Registering for a startup is a very easy process. All you need to do is upload a form online with all requisite forms startup India website. The entire process is simplified and made online by the government. Any patent filed and published in patent journals available online or offline. Incubators who are established in post graduation colleges in India. Support letter from one of the startups who is funded through central or state Government authorities or any incubator which is duly recognized by the government of India. Letter of funding which should not be less than 20% in equity by angel or incubation fund. Incorporation certificate of the business: You must upload your certificate of the incorporation of your business. A description of the innovation you included in your product. After getting all the work done you need to go through one more step of getting an approval from the inter-ministry board. It totally depends upon the ministry that they will approve your application or not. Once they approve your application then you will able to register your startup with tax benefits. Startups recognized by DIPP can avail IPR related benefits without requiring any further license. After getting all the work done you need to go through one more step of getting an approval from the inter-ministry board. It totally depends upon the ministry that they will approve your application or not. Once they approve your application then you will able to register your startup with tax benefits.

Written by the company on its public Startup India profile. Not verified by us.