Rajasthan Stamp Duty Exemption (Sunrise) — 75% Waiver, 25% Refund — Eligibility Criteria

Sunrise Enterprises operating in Rajasthan are the intended applicants. In practice this means a newly established business — in manufacturing or a service sector — that brings an innovative product or process and shows strong growth potential, as the Rajasthan Investment Promotion Scheme 2024 defines the term.

• The enterprise must be registered and operating within the state of Rajasthan.
• Its activity should align with the state's industrial policy objectives.
• New and newly established ventures sit at the centre of the scheme, though an older business may still qualify if it satisfies the Sunrise definition — for instance through the age of its incorporation or through a significant expansion or diversification.
• The precise Sunrise criteria are laid out in the detailed scheme guidelines, and applicants should check those definitions before filing.

Since the benefit is tied to a stamp duty transaction, the applicant also needs a qualifying transaction on which the exemption or reimbursement is claimed.

Rajasthan Stamp Duty Exemption (Sunrise) — 75% Waiver, 25% Refund is open to startups at any stage. The programme is targeted at startups registered in Rajasthan. Applicants should be registered as private limited, llp and opc.