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What qualifies as a “Startup” for the purpose of Government schemes?

An entity (Private Limited Company or Registered Partnership Firm or Limited Liability Partnership) shall be considered a “Startup” – a) Up to 7 years from the date of its incorporation/ registration; however, in the case of Startups in the biotechnology sector, the period shall be up to 10 years from the date of its Incorporation/ registration. b) If its turnover for any of the financial years has not exceeded INR 25 crore c) It is working towards innovation, development, deployment or commercialization of new products, processes or services, or if it is a scalable business model with high potential of employment generation or wealth creation. The entity should not have been formed by splitting up or reconstruction of a business already in existence. A proprietorship or a public limited company is not eligible as startup. A one person company, being a private limited company is entitled to be recognized as a 'startup'.

For how long would recognition as a “Startup” be valid?

An entity would cease to be a 'startup' upon expiry of: a) Up to 7 years from the date of its incorporation/ registration; however, in the case of Startups in the biotechnology sector, the period shall be up to 10 years from the date of its Incorporation/ registration; OR b) If its turnover for any of the financial years has exceeded INR 25 crore Startups would be required to intimate DIPP of any such cases within a period of 21 days.

While registration, if I mark the response to “Do you want to avail Tax benefits” as “No”, would I b

Yes. In such cases, option to opt for such benefits may be indicated at a later stage as well.

Can an existing entity register itself as a “Startup” on the Startup Rajasthan Portal?

Yes, an existing entity can get itself recognized for various benefits by visiting the Startup Rajasthan Portal.

Would a certificate be provided for successful registration? If Yes, would I be able to download it?

Yes. On successful registration, you would be able to download a system generated verifiable certificate of recognition.

If the application for startup registration gets rejected due to missing documents. After receiving

If the application of the Startup Applicant has been rejected, he may edit his application by visiting the link and upload the recommendation letter. If the application has received Startup Recognition Certificate, he is required to submit through mail the recommendation letter.

What guidance can I get from Startup Rajasthan if I have an innovative idea that I want to pursue as

DIPP has launched Learning & Development module for budding entrepreneurs, the learning Program is a 4- weeks free program for early stage entrepreneurs across the country. This online program is aimed at teaching new and existing entrepreneurs on how to start a new business and how to scale an existing one.

What guidance can I get from Startup Rajasthan if I have an innovative idea that I want to pursue as

DIPP has launched Learning & Development module for budding entrepreneurs, the learning Program is a 4- weeks free program for early stage entrepreneurs across the country. This online program is aimed at teaching new and existing entrepreneurs on how to start a new business and how to scale an existing one.

Is partnership firm eligible for benefits under Startup Rajasthan scheme?

Yes, a partnership firm is eligible for all the benefits except tax incentives which are provided to a recognised startups.

Would a One Person Company (OPC) be eligible to avail benefits under the Startup Rajasthan initiativ

Yes. One Person Companies are eligible to avail benefits under the Startup Rajasthan initiative.

Is a recognition from DIPP a prerequisite for advertising on Startup Rajasthan portal?

No, any startup is eligible to advertise on Startup Rajasthan Portal. Final discretion on advertisement will remain with DIPP.

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