Running a startup comes with its fair share of challenges—managing funds, building a team, finding customers… and yes, paying taxes. But did you know there’s a way your startup can avoid paying any income tax for 3 years?
Yes, you read that right.
If your startup is officially recognized by DPIIT (Department for Promotion of Industry and Internal Trade), you can apply for something called the 80-IAC tax exemption. Once approved, your startup won’t have to pay income tax for three consecutive financial years within its first 10 years of operation.
Why it matters:
- 🪙 More money to reinvest in your product, team, or marketing
- 💼 Looks great to investors, since it shows you’re taking smart financial steps
- 💸 Reduces financial pressure, especially in the early stages
Getting this certificate is a one-time effort but gives long-term benefits.
Need help applying?
If all this sounds confusing or time-consuming, you don’t have to figure it out alone. LaunchBiz Certification, a team under Finportal, helps startups get this tax exemption smoothly and quickly.
You can reach out to them directly:
📧 launchbiz.in@gmail.com
📞 +91 8004 895635
Take that small step today and let your startup grow without the extra tax load.