Pearl Business Services

Startups are founded by one or more entrepreneurs who wants to develop a product or services. The following are the key indicators of start-ups

1. A startup is an entity that's in the initial stage of business.

2. Until the business gets off ground, a startup is often financed by its founders and may attempt to attract outside investments.

3. Source of funding for startups may from family & friends, venture capitalist and family funding

4. Startups must also consider where they will do business and their legal structure

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There are lot of considerations requires for building a startup in which we Pearl Business Services partner our self with entrepreneurs. Some of them are listed below:

1. Selection and formation of legal structure that perfectly fit the entity

2. All the required statutory registration based on the selected legal structure

3. Funding arrangements 

4. Bookkeeping and Accounting

5. Tax and other legal compliances

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Discover Our Expertise:

Backed by a team of experienced professionals, our strategic services meet the needs of all types and sizes of startups - and deliver lasting changes with measurable growth. Please get in touch with us today to learn how Pearl Business Services can help your future success.

ELIGIBLE START-UPS

For a start up to be qualify for 'eligible start-up’, it must full fill the following conditions.

• It is a company or a limited liability partnership.

• It is engaged in the 'eligible business’.

• It is incorporated on or after 01-04-2016 but before 01-04-2021.

• Its total turnover of its businesses does not exceed Rupees Twenty-Five crores during the financial year for which the exemption under this section claimed.

• It holds the certificate of eligible business from the Inter-Ministerial Board of Certification (IMB) as noted in the official gazette by the central government.

 

ELIGIBLE BUISNESS

'Eligible Business' means business carried out by an eligible start-up engaged in

• Innovation, development, or improvement of production or,

• Innovation, development, or improvement of services or,

• Innovation, development, or improvement of processor,

Scalable business model

1. Approvals need by Start-up entity for claiming Taxation benefit.

2. Tax Efficiency of different Start-p entity form - Firms, LLPs & Partnership Cos.

3. Tax Holiday to start-ups U/s 80IAC.

4. Funding Blues of Private Limited Start-up companies.

5. Tax implication of funding a start-up by investing in its money from sale of residential property invested in start-up - section 54GB.

6. Exemption from 'Angel Tax' to private limited companies start-ups

7. Computation of FMV of shares issued when angel tax exemption is not applicable.

8. Condition for carry forward or set off losses of start-up PLC U/s 79.

9. Mandatory acceptance of payments through prescribed electronic modes if turnover exceeds Rs 50 Crs - Section 269SU

Taxation of capital gains on sale of shares by investors exiting start-ups