Registering a startup with the Department for Promotion of Industry and Internal Trade (DPIIT) is a completely online process. There is no need to visit different government offices for registration. The startup registration process can be completed through the NSWS portal. NSWS full form is National Single Window System. It is a unified online portal launched by the Government of India just a few years back in 2021. It helps startups identify, apply for and track various approvals and registrations from one place.
It also allows startups to apply for DPIIT Startup Recognition without visiting multiple government websites. In this blog, we will explain what the NSWS portal is, its key features, and how you can use it for startup registration in India.
NSWS portal full form is National Single Window System portal. According to the Press Information Bureau (PIB), "The National Single Window System was soft launched to the public on the 22nd of September 2021 by the Union Minister Shri Piyush Goyal.” This portal is basically a digital platform designed to help investors and entrepreneurs easily identify, apply for and track the various government approvals, licenses and registrations required to start and operate a business in India.
The portal brings together approval services from a total of 32 Central Government Departments and 34 State Governments. This means businesses can apply for many required approvals through one platform instead of visiting multiple government websites. Startups mainly use NSWS to apply for DPIIT Startup Recognition, state-level licenses, and various central government approvals through a single digital system.
The benefits of the NSWS portal are so many that it is difficult to list them all in one place. Truly, it is a boon for startups and entrepreneurs who want to start and grow their businesses without dealing with unnecessary complications. Some of the major benefits of the NSWS for startups are as follows:
One of the primary benefits is that it acts as a single platform where startups can identify the approvals they need, submit applications and track their progress. As a result, there is absolutely no need to visit multiple government websites. Everything can be accessed from one place. This makes the entire process much simpler and a lot more convenient for the users.
Startups can use the Know Your Approvals (KYA) tool available on the portal. Using it, they can quickly find out which Central and State Government approvals are required on the basis of business activity as well as location.
Multiple licenses and registrations like GST registration, labour-related approvals and environmental clearances can be applied for through this single portal. Using it, the startups can also track their application status on a real time basis and know exactly how far their application has progressed.
On the portal, the founders can upload documents once and use them across different government application forms. This feature helps to reduce repetitive paperwork and saves a lot of time and effort.
Using the portal, startups can also apply for and track the renewal of licenses through the same platform in a simplified manner as there is no need to visit different government offices or search through multiple websites and everything can be managed from one digital interface.
The portal provides direct access to apply for DPIIT Startup Recognition. This recognition is highly valuable for startups as it can provide access to government schemes, tax benefits, funding opportunities and easier winding-up procedures.
Startups recognized through NSWS can self-certify compliance under certain labour and environmental laws. In many cases, they may also be exempt from routine inspections for up to five years. This allows founders to spend more of their time on building their business and less of their time dealing with the regulatory formalities.
Related Post: Which Business Structure is Best for Startups in India?
The full form of NSWS portal is National Single Window System portal. It was soft launched in 2021 by Union Minister Shri Piyush Goyal under the Ministry of Commerce and Industry, Government of India. The portal allows businesses as well as investors to discover required approvals, submit applications and track their status through a single online platform and does away with the requirement of visiting multiple websites. For startups, the portal is especially useful as it brings multiple services together in one place.
From applying for DPIIT Startup Recognition to tracking approvals and renewing licenses, everything can be managed quite smoothly thanks to this single digital platform. If you need professional assistance with startup registration or DPIIT Startup Recognition, you can get in touch with Registrationwala's startup registration consultants.
Q1. What is NSWS full form?
A. NSWS full form is National Single Window System.
Q2. Which Ministry launched the NSWS portal in 2021?
A. The Ministry of Commerce and Industry launched NSWS portal in 2021.
Q3. Can I download startup India certificate via NSWS portal?
A. Yes, you can download startup India certificate via the NSWS. The process is fairly easy.
Hey there, I'm Dushyant Sharma. With the extensive knowledge I've gained in past 8 years, I have been creating content on various subjects such as banking, insurance, telecom, and all the important registration and licensing processes for various companies. I'm here to help everyone with my expertise in these areas through my articles.
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