Startup India Recognition at a glance

Startup means an entity, incorporated and registered in india 

• As a Private Limited Company or Limited Liability Partnership or Registered as a Partnership Firm.
• With an annual turnover not exceeding Rs. 100 crore for any of the financial years since incorporation/registration.
• Working towards innovation, development or improvement or of products or processes or services, or if it is a scalable business model with a high potential of employment generation or wealth creation.
• An entity formed by splitting up or reconstruction of an existing business shall not be considered a ‘Startup’.
• Shall not be more than  10 years old for Startup recognition OR not incorporated before April 2016 to claim Tax Exemption certificate.

An entity shall cease to be a Startup,

• On completion of 10 years from the date of incorporation/registration.
• If its turnover for any previous year exceeds Rs. 100 crore

Benefit of Startup Registration

• Tax Exemption
• Govt Funding Opportunity
• Participate in various Govt Scheme
• IPR Govt Fees Concession
• Self Certification
• Easy Winding up
• GEM Portal Seller Registration and Bid