Startup India Initiative
A flagship initiative offering recognition, tax benefits, easier compliance and funding support to innovative Indian startups.
Overview
Startup India builds a strong ecosystem for nurturing innovation and startups in the country.
DPIIT-recognised startups get self-certification, tax benefits and simplified compliance.
The initiative also connects startups with funding through the Fund of Funds and the Startup India Seed Fund Scheme.
Eligibility Criteria
- The entity must be a private limited company, registered partnership or LLP.
- It should be less than 10 years old with annual turnover under ₹100 crore in any financial year.
- It must work towards innovation, development or improvement of products, processes or services.
Key Benefits
- Income-tax exemption for three consecutive years (subject to conditions) and angel-tax relief.
- Self-certification under labour and environment laws.
- Access to the Startup India Seed Fund and Fund of Funds, plus faster patent processing with fee rebates.
Required Documents
How to Apply
- 1Incorporate your business as a company, LLP or registered partnership.
- 2Register on the Startup India portal and create a profile.
- 3Apply for DPIIT recognition by submitting the required details.
- 4On approval, download your recognition certificate and apply for tax and other benefits.
Important Dates
| Initiative launched | January 2016 |
|---|---|
| Recognition validity | Up to 10 years from incorporation |
Frequently Asked Questions
Common questions about Startup India.
DPIIT-recognised startups can claim income-tax exemption for three consecutive financial years within their first ten years, subject to eligibility and approval.
An entity is considered a startup for up to 10 years from incorporation, provided its turnover stays under ₹100 crore in every financial year.
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