Startup Definition
Is Your Company A Startup?
Your company must meet the following criteria to be considered eligible for DPIIT startup recognition.
Company Age
Period of existence and operations should not be exceeding 10 years from the Date of Incorporation
Annual Turnover
Should have an annual turnover not exceeding ₹ 100 crores for any of the financial years since its Incorporation
Innovative & Scalable
Should work towards development or improvement of a product, process or service and/or have scalable business model with high potential for creation of wealth & employment
Company Type
Incorporated as a Private Limited Company, or Registered Partnership Firm or a Limited Liability Partnership, or One person company, or a Sole proprietorship.
Original Entity
Entity should not have been formed by splitting up or reconstructing an already existing business
Why Register?
DPIIT recognised startups can get the following benefits under the Startup India Initiative
- Self Certification
- Startup Patent Application & IPR Application
- Tax Exemption Under 801AC
- Section 56 Exemption
- Easy Winding Up Of Company
- Easier Public Procurement Norms