India is home to the third-largest start-up community in the world and there is a rapid growth of unicorn startups in india. We have been partnering with startups in India for over 15 years, throughout their lifecycle – while starting-up, scaling and expanding.

The journey from Start-up to the business giant is a hard and challenging battle. Most startups need to spend time focusing on idea development and distinguishing themselves from their competitors in the market. Finalizing the documents to bring these ideas to successful fruition, even though absolutely imperative and an advantage, often gets postponed. Legal help for Startups in their business formation and to cover statutory compliances results in laying a solid base and hassle-free operations which provides entrepreneurs/ founders/ promoters to focus on the more vital needs such as hiring, funding and finance and other processes to enable growth. Get your startup on the right track with our specialized startup services, tailored to meet your unique business needs.

We assist startups right from the incorporation of the company, it’s registration and recognition as a Start-up, taking care of mandatory compliances, helping them procure funding, drafting and vetting their contracts, filing their statutory compliances, making applications for IPR, taking care of their taxation and audits as well as designing exit strategies for start-ups when required.

RRG provide legal, structural and regulatory solutions specifically catering to entrepreneurs and startups to guide them through all phases of their growth process, including incorporation, structuring, compliances, funding options, employee stock options, amongst others.

We provide startups and aspiring entrepreneus with best solutions for their basic queries like:

What kind of entity to incorporate? Which real estate option for setting up would be most feasible at this stage? what sort of vesting schedule makes sense? what clauses in an agreement could make me lose control of my own company? Which investor will enable success? What are the other legal rights that will prove to be an advantage for my shareholders at a later stage?

At RRG, our advice for startups in India work begins even before the stage of incorporation, where we advise our clients on what could be appropriate for their specific needs and situation. We have an array of innovative thinkers, entrepreneurs and pathbreakers as clients, in varied fields such as education, health, logistics, food, technology, hospitality and others, which have led to our expansive  knowledge base that enable our expert startup lawyers in India to advice startups to make decisions that will lead to successful and effective results.

Startup India Registration Scheme by Government of India

The Department for Promotion of Industry and Internal Trade under the Startup India Scheme introduced the Startup India registration to promote innovation within businesses.

Formerly known as DIPP registration, Startup India Registration scheme brings out that startups can leverage by registering their business as a DPIIT recognised startup. This scheme is envisioned at transforming India into a job-provider rather than a job seeker. Only an entity which is registered as a Private Limited Company or a Limited Liability Partnership (LLP) or a Registered Partnership Firm can opt for startup India Registration. All businesses opting to apply must be innovative, bringing an improvement in existing products or services, and capable of generating wealth and employment. The entity registered under the Startup India Scheme can apply for an exemption of income tax under section 80 IAC of the Income Tax Act. Such an entity can avail tax exemption for 3 consecutive financial years out of first 10 years from the date of incorporation. Also, Recognised Startups can avail loans from Non-Resident Investors (External Commercial Borrowings-ECB) upto $ 3 million every financial year through simple RBI compliance mechanism.

RRG assists companies in their India strategy with the following services:

• Market study and strategic analysis
• Structuring an entity
• Business plan building
• Funding options and opportunities
• Company formation and government approvals
• Registration under Startup India Scheme
• Applying for Trademark, Patents etc.
• Memorandum and articles of association
• Registration with multiple direct and indirect tax authorities
• Other registrations required for employers, for manufacturers, for service providers, etc.
• Provident fund / pension registrations, ESIC, Shops & Establishments Act registrations, etc.
• Employee stock options advice
• Tax planning and scenario analysis
• Ongoing accounting and payroll support

For a more detailed understanding of our services as well as standard service packages for entrepreneurs, reach out to us at admin@rrgco.in