Startup India Recognization

Get your Startup India Recognition hassle-free with expert legal advisors, ensuring government benefits, compliance, and growth opportunities.
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Startup India Recognization

VS Legal

Startup India is an initiative of the Government of India to boost the Indian economy, encourage entrepreneurship and generate large-scale employment opportunities. The Government through this initiative aims to empower Startups to grow through innovation and design.

Through VS IPR & LEGAL ADVISORS avail various resources to manage & grow your Business plus a Start-up-India Recognization Certificate by Registering your Company / LLP / Registered partnership firm under Start-up-India.

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Benefits Of Startup India Scheme

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1

Fast Track Startup Patent Application and with up to 80% rebate in filing patents.

2

Relaxation on Early deposit money in Government Tender.

3

Tax Exemption on Investment Above Fair Market Value.

4

Self Certification under Labor and Environmental Laws.

5

Fund of Funds.

6

Resource free such as getting access to the Learning and Development Program. Govt Schemes, State Polices for Startups & pro-bono services.

7

50% Subsidy in Trademark Application.

8

Relaxation on Eligibility criteria in Government Tender and Various other public Procurement Norms.

9

Tax Exemption for Three Years.

10

You can get benefits on GEM portal the government.

11

Easy Winding Up of Company

12

Startup India Recognition Certificate.

ELIGIBILITY CRITERIA FOR STARTUP INDIA CERTIFICATE

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If it is incorporated as a private limited company or registered as a partnership firm or a limited liability partnership in India

Within a period of up to ten years from the date of its incorporation or registration, the entity shall remain valid and operational.

A business focused on innovation, improvement, or scalability with high potential for employment and wealth creation.

If its turnover in any financial year since incorporation or registration has never exceeded INR 100 Crores, it qualifies accordingly.

Note: An entity formed by splitting up or reconstructing a business already in existence shall not be considered a ‘Startup’.

Document requirements for Startup India Registration

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Conclusion

Thus, to boost job creation and entrepreneurship, the Government of India launched the Startup India Scheme. Under this scheme, the government intends to give a host of tax benefits, make compliance easy, fast-track IPR Processing and offer other sets of benefits. These benefits are offered so that entrepreneurs can focus on their core business and do not have any regulatory burden.