START-UP AND EARLY-STAGE ADVISORY

We live in an era of disruption with the rise of innovative start-ups transforming industries and bringing about a change in the economic landscape. New entrepreneurial companies are challenging established businesses and legacy brands by identifying unexplored niches in the marketplace and filling the gaps with agile, low-cost, and often digital solutions.

JKPP Startup Advisory Services can play an active, hands-on role to support the distinctive growth challenges disruptive businesses face at every stage of their business lifecycle. Our work can be structured on a project basis or as a part-time interim operating role.

STARTING OUT

Entity Formation and Statutory Compliance
Direct and Indirect Tax Advice and Compliance on Business Model
ESOPs Conceptualisation and Structuring Indirect Tax
DIPP Application and MSME Registration

FINANCING GROWTH

Advising on Capital Structures and Fund Raising Agreements
Advice on Seeking Equity and Debt Investments
Employee Incentive Plans and Employee Linked Tax Incentives
Advise on DIPP Angel Tax Exemption, FEMA and CSR

EXPANSION

Due Diligence Support
Setting up Internal Controls and Processes

VALUE REALISATION

Evaluate, value and structure an exit – full or partial sale

Frequently Asked Question

Can I start my own company in India?

If you intend to register a new company in India, you must submit an application to the Ministry of Corporate Affairs (MCA). For registration, you’ll need a Digital Signature Certificate(DSC), and Director Identity Number(DIN), among other things.

What is Pvt Ltd company?

Private limited company is a company which is privately held for small businesses. The liability of the members of a Private Limited Company is limited to the amount of shares respectively held by them. Shares of Private Limited Company cannot be publically traded.

What is Startup India scheme?

Startup India Scheme is an initiative by the Government of India for generation of employment and wealth creation. The goal of Startup India is the development and innovation of products and services and increasing the employment rate in India.

Who are eligible for startup India?

The Startup should be incorporated as a private limited company or registered as a partnership firm or a limited liability partnership. Turnover should be less than INR 100 Crores in any of the previous financial years. An entity shall be considered as a startup up to 10 years from the date of its incorporation.

Benefits to Startups by Indian Government

– Simple process – Reduction in cost – Easy access to funds – Tax holiday for 3 years – Apply for tenders – R & D facilities

– No time-consuming compliances

– Easy exit

– Meet other entrepreneurs

Deduction under Section 80-IAC?

Section 80-IAC allows a deduction to a start-up incorporated between 01-04-2016 and 31-03-2022, provided its turnover does not exceed Rs. 100 crores in the previous year for which deduction under section is claimed. The deduction can be claimed subject to fulfillment of certain conditions, such as the start-up should be engaged in innovation, development, or improvement of products or processes or services or a scalable business model with a high potential of employment generation or wealth creation.

The deduction can be claimed for 100% of profits and gains for three consecutive assessment years out of the ten years beginning from the year of incorporation. The amount deductible under this provision shall be computed, deeming that the eligible business is the only source of income of assessee during the previous year in which deduction is to be allowed.

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