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START-UP INDIA
BENEFITS
C A T C H T H E B A N D W A G O N S O O N
7 years have not lapsed from date of incorporation (
10 years for Biotechnology
Start Ups )
Either:
1.Company
2.Partnership Firm
3.Limited Liability Partnership
Turnover has not Exceeded 25
Crore
Entity not formed by splitting or
reconstruction of an existing business
Working towards innovation,
development or improvement of
products/processes/services, or it is a scalable business model with a high
potential of employment
generation/ wealth creation
Conditions to
Register As A Start-
Up
TIME FRAME UP TO WHICH YOU SHALL REMAIN A START UP
7 years
Other Sectors
10 years
Biotechnology Sector
Innovation or development or improvement of
PRODUCTS
Scalable Business Model
with a high potential of employment generation
Innovation or development or improvement of
PROCESSES
Scalable Business Model
with a high potential of
wealth creation.
Innovation or development or improvement of
SERVICES
SELF CERTIFICATION compliance under 9
environmental & labourlaws
STARTUP PATENT APPLICATION fast
track & up to 80% rebate in filling patents
PUBLIC PROCUREMENT fast track under the criteria
of "prior experience/turnover" for
startups in all Central Government
ministries/departments
TAX EXEMPTIONS
on Income tax for 3 years
TAX EXEMPTIONS
on capital gains & on Investments above Fair Market Value
• Products or services or processes which do not have potential for commercialization, or
• Undifferentiated products or services or processes, or
• Products or services or processes with no or limited incremental value for customers or workflow.
Would not make a Startup eligible for tax benefits.
Please note that the mere act of developing:
Make an online application through the designated mobile app or at the portal established by DIPP.
Submit the online application along with the certificate of incorporation/registration and other required documents as required and necessary for the registration purpose.
Submit a brief write-up ( up to 250 words) about the nature of business highlighting how is it working towards innovation, development or improvement of products or processes or services, or its scalability in terms of employment generation or wealth creation.
To Register Now
Click Below:
http://www.taxorigin.com/application-
for-startup-recognition.html
For Further Enquires
Contact : 9723459572
Email: [email protected]
