Startup India Registration

What is Startup India :

Startup India is an initiative of the Government of India, works to build a strong ecosystem that is supportive for the growth of startups across the country. In order to carry on a sustainable economic growth and generate large scale employment opportunities in the nation, the Government through this initiative aims to empower startups and make them grow through innovation and design.

Benefits of Startup India Registration :

1. Startup India Registration increases Recognition, Brand Value, Trustworthiness of Company.
2. Exemption from Income Tax for any 3 years out of 10 Years.
3. 80% Rebate in Government Fees of Trademarks, Copyright, Patents. 
4. Funding Opportunity & Other Govt. Schemes.

Eligibility Criteria of Startup India Registration :

1. Only Private Limited Company, Limited Liability Partnership(LLP) or Registered Partnership can Apply. Sole Proprietorship/ Unregistered Partnership can not Apply.
2. The company should be newly incorporated and should not be formed by splitting up or reconstruction of an existing business.
3. Turnover should be less than INR 100 Crores in any of the previous financial years.
4. An entity shall be considered as a startup up to 10 years from the date of its incorporation
5.  The business concept should be unique, driving towards innovation or bringing improvement of existing products, services and processes and A startup should have the potential to generate employment/ create wealth.