Call US

(/content/sih/en/home-page.html)

Home (/content/sih/en/home-page.html) > Startup Recognition & Tax Exemption (/content/sih/en/startupgov/startup-recognition-page.html)

Startup Recognition & Tax

Exemption

Startup Recognition:
Under the Startup India Action Plan, startups that meet the de nition as prescribed under G.S.R.
noti cation 127 (E) (https://www.startupindia.gov.in/content/dam/invest-india/Templates/public/198117.pdf)
are eligible to apply for recognition under the program. The Startups have to provide support
documents, at the time of application.

Eligibility Criteria for Startup Recognition:

a. The Startup should be incorporated as a private limited company or registered as a partnership
rm or a limited liability partnership
b. Turnover should be less than INR 100 Crores in any of the previous nancial years
c. An entity shall be considered as a startup up to 10 years from the date of its incorporation
d. The Startup should be working towards innovation/ improvement of existing products, services
and processes and should have the potential to generate employment/ create wealth. An entity
formed by splitting up or reconsutrctuon of an existing business shall not be considered a
"Startup"
For more details please refer to the attached noti cation here
(https://www.startupindia.gov.in/content/dam/invest-india/Templates/public/198117.pdf)
 
> Click here for submitting your application for recognition as a Startup (/content/sih/en/recognition-
page.html)

> Click here to retrieve and continue lling your saved application (/content/sih/en/recognition-page.html)

> Edit Application (/content/sih/en/recognition-page.html)

> Click here to view entities recognised by DIPP as Startups (/content/dam/invest-

india/Templates/public/Recognized%20Startups%20List_31072020.pdf)

Startup India: 80 IAC Tax exemption:

Post getting recognition a Startup may apply for Tax exemption under section 80 IAC of the
Income Tax Act. Post getting clearance for Tax exemption, the Startup can avail tax holiday for 3
consecutive nancial years out of its rst ten years since incorporation.

Eligibility Criteria for applying to Income Tax exemption (80IAC):

a. The entity should be a recognized Startup  
b. Only Private limited or a Limited Liability Partnership is eligible for Tax exemption under Section
80IAC
 80IAC
c. The Startup should have been incorporated after 1st April, 2016
Refer to the attached noti cation for details here
(http://dipp.nic.in/sites/default/ les/Startup_Noti cation11April2018_0.pdf)
 
> Apply for Income Tax Exemption under Section 80IAC of the Income Tax Act
(/content/sih/en/form80iac.html)

> Application status (/content/sih/en/recognition-application-detail.html)

Startup India: Tax Exemption under Section 56 of

the Income Tax Act (Angel Tax)
Post getting recognition a Startup may apply for Angel Tax Exemption.

Eligibility Criteria for Tax Exemption under Section 56 of the Income Tax Act:
a. The entity should be a DPIIT recognized Startup
b. Aggregate amount of paid up share capital and share premium of the Startup after the
proposed issue of share, if any, does not exceed INR 25 Crore.
 
Refer to the attached noti cation for details here (https://www.startupindia.gov.in/content/dam/invest-
india/Templates/public/198117.pdf)
(The new Declaration form for Section 56 exemption will be made live shortly)
 
> Apply for Angel Tax Exemption for Investments above Fair Market Value under Section 56 of the Income Tax
Act (/content/sih/en/Form-56.html)

> Application status (/content/sih/en/recognition-application-detail.html)

> Validate Certi cate Number / Entity Name (/content/sih/en/startupgov/validate-startup-recognition.html)

Disclaimer
1. Department of Industrial Policy and Promotion, Ministry of Commerce and Industry has not
appointed any Agency/Representative/ Franchise for DPIIT Certi cate of Recognition for
Startups.
2. Application for Startup India Certi cate of Recognition should be led by the Startup on its own,
using own details/ mobile No. / email.
3. Ministry of Commerce and Industry does not charge any fee for DPIIT Certi cate of Recognition
for Startups.
4. Any charging of fees for Recognition for Startups is illegal and will invite appropriate legal
action.

TOP NEWS (/CONTENT/SIH/EN/NEWSFEED.HTML)

Sep 20, 2019 6:30:00 AM
Decoding Paytm ‘Blockbuster Loss Show’ in FY...
(https://entrackr.com/2019/09/decoding-paytm-blockbuster-loss-show-fy19/)

Sep 20, 2019 6:30:00 AM

Google setting up AI lab ‘Google Research In...
(https://entrackr.com/2019/09/google-launches-google-research-india-bengaluru/)