Startup India

Every Startup Company with innovation & unique business ideas can apply for the Startup India Certificate issued by DPIIT.Startups will enjoy several privileges offered under Startup India Scheme.

WHAT IS THE STARTUP INDIA CERTIFICATE OF RECOGNITION?

With a view to boost the Indian economy and encourage entrepreneurship, the Government of India, under the administration of the Ministry of Commerce & Industry, had begun the Start-up India Stand-up India initiative in 2015 to uplift and grow the Indian start-ups.

WHO IS NOT ELIGIBLE FOR STARTUP INDIA RECOGNITION?

Sole Proprietorship

Firm constitute by the notary partnership deed

Once annual turnover exceeds INR 100 crores

Company is older than 10 years.

ELIGIBILITY CRITERIA FOR STARTUP INDIA CERTIFICATE

The Startup should be a

Private limited company or

Registered Partnership firm or

Limited liability partnership

The company should be newly incorporated and should not be formed by splitting up or reconstruction of an existing business.

Turnover should be less than INR 100 Crores in any of the previous financial years.

An entity shall be considered as a startup up to 10 years from the date of its incorporation

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.