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CA Chandan Shahi

Startups | Tax | Acc... • 1m

šŸ’” Not Every Registered Pvt Ltd/LLP/Firm is a Startup! šŸš€ Just because your business is registered as a Private Limited Company, LLP, or Partnership Firm doesn’t automatically make it a Startup. There’s a clear definition in the notification issued by Govt of India: āœ… Incorporated within the last 10 years āœ… Annual turnover below ₹100 crore in any financial year since incorporation āœ… Working towards innovation, development, or improvement of products, processes, or services OR a scalable business model with high potential for employment generation or wealth creation āŒ A business formed by splitting up or reconstruction of an existing business is NOT a startup. šŸ‘‰ Make sure your business meets these criteria before calling it a startup! šŸ”„ #StartupIndia #BusinessTips #Entrepreneurship

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