Startupindia Scheme Benefits in Chennai, Tamil Nadu

Benefits of Startup India Scheme

1. Public Procurement ( Govt tender Apply) NoEMI and Relaxation in prior experience and other requirements

2. Income Tax Exemption for 3 year

3. Tax Exemption on Investment. Angel tax exemption.

4. Easy Winding Up of Company within 90 days under IBC code

5. Self Certification under Labour and Environmental Laws

6. 50% Fee rebate in Trademark Apply and 80% fee rebate in patent filing.

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Startup benefits in Government e Marketplace (GeM) is an online procurement platform for government ministries and departments, and the most widely used channel for public procurement in India.  MSMEs, DPIIT recognised startups and other private companies can register on GeM as sellers and sell their products and services directly to government entities.

GeM Startup Runway is a new initiative launched by GeM to allow startups to reach out to the universe of government buyers by offering innovative products that are unique in design, process and functionality.

Startupindia registration online portal startupindia.gov.in

Benefits for DPIIT Recognised Startups for GeM Registration

• Experience, Prior Turnover and Earnest Money Deposits
• The chance to work on trial orders with the Government, making them more likely to take chances on a new product.
• Buyers can rate your product or service on GeM. Given the large scope of public procurement, this can help you to finetune and adapt your product for scale.
• No more restrictive categories on GeM, meaning that new & innovative products to be published on the platform.