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Eligible Startups will get exemption from paying income tax for 3 consecutive financial years out of their first ten years since incorporation.
Exemption from prior experience or turnover and Security deposit for filing tenders Opportunity to list Startup products on Government e-marketplace for market visibility.
Investments into eligible Startups by Accredited Investors, Non-Residents, AIFs, closely held listed companies may also be exempted under Section 56 (2) (VIIB) of Income Tax Act, 1961.
No more Labour Law Inspection fear for Startups. Recognised Startups can self manage their PF, ESIC, Gratuity and Environmental Law Compliance through simple self-declaration.
Fast tracking of Startup Patent application, Upfront 50% discount on Trademark fees, 80% Rebate on Patent filing fees.
Recognised Startups can avail loans from Non-Resident Investors (External Commercial Borrowings-ECB) upto $ 3 million every financial year through simple RBI compliance mechanism.
For a period of 5 years from the date of its incorporation under the Companies (Acceptance of Deposits) Rules, 2014.
Many other Loan and Rebate Incentives are announced by different State Governments.
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