Startup India - eligible entities

For recognition as a Startup by the Government of India authorities, an entity’s structure should be one of the following:

(i)                 Private limited company;

(ii)               Limited Liability Partnership;

(iii)               Registered Partnership.

A Company can be formed under the Companies Act, 2013.

Limited Liability Partnerships (LLPs) are governed by the Limited Liability Partnership Act, 2008 

Partnerships other than LLPs are governed by Indian Partnership Act, 1932.

We will examine distinct features of these entities and incorporation / registration process in next few articles.

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About the author :

Bhumesh Verma is a Corporate Lawyer with over 2 decades of experience in advising domestic and international clients, with a place in “The A-List – India’s Top 100 Lawyers” by India Business Law Journal. He keeps writing frequently on FDI, M&A and other corporate matters. He can be reached at bhumesh.verma@corpcommlegal.com