Question 1

What is INC-20A and when is it due?

Accepted Answer

Kerala Startup Mission (KSUM) runs a Seed Fund Scheme offering soft-loan seed funding to eligible early-stage startups registered in Kerala. Threshold: Startup must be registered in Kerala as an LLP or Private Limited Company, hold an active KSUM Unique ID, hold DPIIT (Ministry of Corporate Affairs 'Active'/'Active Compliant') recognition, work on an innovative product/technology (service startups and pure trade/commerce SMEs generally do not qualify), directors preferably with CIBIL score above 750, and no outstanding dues/blacklisting with any government agency. Fee: INR 1500000 Statute: Kerala Startup Policy (administered by KSUM, a Government of Kerala society) Seed Fund terms: up to Rs. 15 lakh at 6% simple interest per annum, 12-month moratorium before repayment, then repayable over 36 monthly instalments; prepayment allowed without penalty. Funds may be used for product development, customer development, marketing and scale-up, but not for founder salaries, asset purchases, or patenting costs. KSUM also separately runs a Scale-up Seed Fund (debt/SAFE instruments) for more mature startups, not detailed here.

Question 2

Startup incentives — Andaman and Nicobar Islands

Accepted Answer

The Andaman and Nicobar Islands was the first union territory in India to adopt a startup policy of its own. The incentives are reimbursement-based, and the caps are noticeably smaller than a mainland state's. Threshold: A DPIIT-recognised startup in the Andaman and Nicobar Islands. Fee basis: reimbursement and subsidy ceilings per startup under the Andaman and Nicobar Innovation Policy; most heads are a 50 per cent reimbursement of actual cost up to the cap shown Slabs: Marketing and publicity assistance: one-time (maximum) — INR 300000; State GST reimbursement: annual reimbursement of state GST paid on sales of goods for 3 years (maximum per startup per year) — INR 300000; Power subsidy: 50 per cent for a period of 3 years (limit per annum) — INR 500000; Digital technology subsidy: 50 per cent of capital expenditure on computers, related hardware and relevant software (ceiling per startup) — INR 100000; Lease rental / co-working: 50 per cent of monthly rent of the incubator or co-working space, for a period not exceeding one year (maximum per month) — INR 5000 Statute: Andaman and Nicobar Innovation Policy Every figure was read on startupindia.gov.in, DPIIT's own portal, on its Andaman and Nicobar Islands state policy page. All five monetary heads the page publishes are reproduced. ONE HEAD CARRIES NO FIGURE AND NONE HAS BEEN INVENTED: patent cost reimbursement is described only as covering the cost of filing and prosecution of a national or international patent, trademark or copyright application, with no percentage and no ceiling stated, so none is recorded. WATCH THE LEASE RENTAL CAP - Rs 5,000 is a cap on the MONTHLY subsidy, not an annual or total figure, and it runs for no more than one year; it is the smallest number in this record and the easiest to misread as generous. The rest of the A&N research remains blocked: the administration's own hosts are unreachable (labour.and.nic.in has an expired certificate and redirects plain HTTP back to itself, anpcc.and.nic.in fails DNS, and andssw1.and.nic.in returns 403 at the root with its /swc/ department tree gone), which is why this record is sourced from the central portal rather than a local one.

Question 3

Stamp duty on incorporation — Andhra Pradesh

Accepted Answer

Applies to Memorandum of Association and Articles of Association filed for company incorporation in Andhra Pradesh. Threshold: Applies to MoA/AoA presented for registration; separate rates apply depending on whether the MoA is accompanied by the AoA and whether the AoA carries share capital. Fee basis: differs by document type and whether the MoA is filed with or without AoA / whether the AoA carries share capital Slabs: MoA accompanied by AoA — stamp duty — INR 500; MoA accompanied by AoA — registration fee — INR 1000; MoA accompanied by AoA — user charges — INR 100; MoA NOT accompanied by AoA — stamp duty (0.15% of nominal share capital; minimum ₹1,000, maximum ₹5,00,000) — INR null; MoA NOT accompanied by AoA — registration fee — INR 500; MoA NOT accompanied by AoA — user charges — INR 100; AoA without share capital — stamp duty — INR 1000; AoA without share capital — registration fee — INR 1000; AoA without share capital — user charges — INR 100; AoA with share capital — stamp duty (0.15% of nominal share capital; minimum ₹1,000, maximum ₹5,00,000) — INR null; AoA with share capital — registration fee — INR 500; AoA with share capital — user charges — INR 100 Statute: Stamp (Andhra Pradesh Amendment) Act, 1922, Schedule 1-A (see section 3, first proviso), Articles 11 and 34; with the Registration Act, 1908 The department's own 21-page 'STAMP ACT SCHEDULE / SCHEDULE 1-A / Stamp duty on certain instruments under the Stamp (Andhra Pradesh Amendment) Act, 1922' was downloaded from registration.ap.gov.in and read article by article. It states, in terms: Articles of Association of a company - where the company has no share capital, One Thousand Rupees; where the company has authorised or increased share capital, 0.15% of such authorised share capital subject to a minimum of One Thousand Rupees and a maximum of Five Lakh Rupees. Memorandum of Association of a company - if accompanied by articles of association under section 26 of the Companies Act 1956, Five hundred rupees; if not so accompanied, the same duty as under article 11 according to the share capital of the company. Every figure already recorded here is confirmed. Schedule 1-A contains NO article for a partnership instrument or an LLP agreement, so no partnership or LLP figure is recorded; LLP-specific services sit.rs.ap.gov.in/firmsHome, which was not checked in either session.

What is INC-20A and when is it due?

Startup incentives — Kerala

Startup incentives — Andaman and Nicobar Islands

Stamp duty on incorporation — Andhra Pradesh

Startup incentives — Arunachal Pradesh

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