Startup India Registration (DPIIT Recognition)

Startup India Registration (DPIIT Recognition)

Startup India Recognition is granted by the Department for Promotion of Industry and Internal Trade (DPIIT). Recognized startups get access to income tax exemptions, self-certification under labour laws, faster patent examinations, government tenders without prior experience, and access to government-backed funding schemes.

Key features of this structure:

• Company must be less than 10 years old from incorporation
• Annual turnover must be below Rs.100 crore in any financial year
• Must be working on innovation, improvement, or scalable model
• 3-year income tax holiday under Section 80-IAC (post approval)
• Faster patent examination (80% fee reduction)
• Self-certification for 9 labour laws and 3 environmental laws
• No requirement of prior experience for government tenders