Startup India Recognition
1 | Self-Certification | Self-compliance under 3 environmental & 6 labour laws. |
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2 | Patent Application & IPR Protection | Fast track & up to 80% rebate in filing patents. |
3 | Income Tax Exemption (Not available for all cases) | For 3 consecutive years & exemptions on capital gains & investments above Fair Market Value. |
4 | Easier Public Procurement Norms | Get listed as seller to the government & benefit from exemptions on EMD & min requirements. |
5 | Free Credits | AWS, My Operator, Digital Ocean and Others. |
1 | Company Age | Should not be exceeding 10 years from the Date of Incorporation. |
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2 | Company Type | Private Limited Company, Registered Partnership Firm, Limited Liability Partnership. |
3 | Annual Turnover | Should have an annual turnover not exceeding Rs. 100 crores for any of the financial years since its Incorporation. |
4 | Original Entity | An entity should not have been formed by splitting up or reconstructing an already existing business. |
5 | Innovative & Scalable | Should work towards development or improvement of a product, process, or service and/or have a scalable business model with high potential for the creation of wealth & employment. |