Start-up Businesses

Under the Start-up India Action Plan, start-ups that meet the definition as prescribed under G.S.R. notification 127 (E) are eligible to apply for recognition under the program.

Eligibility Criteria for Start-up Recognition:

• The Start-up should be incorporated as a private limited company or registered as a partnership firm or a limited liability partnership

• Turnover should be less than INR 100 Crores in any of the previous financial years
• An entity shall be considered as a start-up up to 10 years from the date of its incorporation
• The Start-up 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 reconstruction of an existing business shall not be considered a “Start-up”

The Start-ups have to provide support documents, at the time of application.

Start-ups in India looking for the right financial guidance and assistance are welcomed to contact us. We provide you with all the necessary information needed to start-up your business such as deciding the simplest tax structure, bookkeeping and payroll.

Our accountants with their financial knowledge and analytics will help you create smart decisions with relatively lower risks. With Team BNW start-up businesses won’t have to worry about Company matters, accounts, tax returns, tax planning, and financial matters.

For more details, please contact Team BNWT