Counsel

I have broken down my answer into 3 parts. ' Par A: To Qualify for Startup India Stand up India plan As per the framework laid down by the Government, a “startup” is defined as follows: An entity (i.e. a private limited company / limited liability partnership or a registered partnership firm) incorporated/ registered in India shall be considered as a “startup” if 1. It has been in existence for less than 5 years from the date of its incorporation/ registration (You are qualified here) 2. If its turnover for any of the financial years has not exceeded INR 250,000,000 (You are qualified here) 3. It is working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property. (Need more information from you) 4. it aims to develop and commercialize (a) a new product or service; or (b) significantly improves an existing product, service or process that will create and add value for customers or the workflow. To go about registering in the scheme: recognitions shall be through a Startup India portal or mobile app. Note: However, in order to obtain tax and IPR related benefits, a Startup shall be required to be certified as a business which involves innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property by the Inter-Ministerial Board of Certification, which comprises of the Joint Secretary, Department of Industrial Policy and Promotion, representative of Department of Science and Technology, and representative of Department of Biotechnology. For the purposes of making applications for being recognized as a startup and for availing certification from the Inter – Ministerial Board, entities will be required to submit a simple application with any of following documents: For the purposes of making applications for being recognized as a startup and for availing certification from the Inter – Ministerial Board, entities will be required to submit a simple application with any of following documents: 1. The format specified by DIPP, from any Incubator established in a postgraduate college in India; or 2. A letter of support by any incubator which is funded by GOI; or 3. A recommendation in a format specified by DIPP, from any Incubator recognized by Government of India; or 4. A letter of funding of not less than 20 per cent in equity by any Incubation Fund/ Angel Fund/ Private Equity Fund/ Accelerator/ Angel Network duly registered with SEBI that endorses innovative nature of the business; or 5. A letter of funding by Government of India or any State Government as part of any specified scheme to promote innovation; or 6. A patent filed and published in the Journal by the Indian Patent Office in areas affiliated with the nature of the business being promoted. Part B: Before Business Incorporation Decide on the type of entity that you want to register your startup as since your startup idea belongs to transport sector, and I believe, you will have social commerce at the place, in that case, you will be liable for sector-specific regulations and compliance as well. I would suggest you, to register the firm as a LLP or Pvt Ltd company. Part C: To get Certificate of Incorporation The Registrar of Companies (“RoC”) in each state is the nodal authority for registration of companies. Steps that are involved (Company Secretary will handle these): 1. Digital Signature Certificate and Director's Identification Number for the directors 2. Name Application 3. Memorandum of Association and Articles of Association 4. Affidavit and Declaration by first Subscribers and Directors. 5. Proof for Registered Office Address. – Rental Agreement / Sale Deed. 6. Copies of a utility bill of the registered office address that are not older than 2 months. 7. If the proposed company name is a filed or registered trademark, then NOC from the trademark applicant or owner must be attached. Documents that will be required: 1. PAN card of the director 2. Identity proofs of other directors 3. Residential proof 4. Voter's Id/ Aadhar card/ Drivers license of the director. With all the above in place, you should be good to go ahead.