What is DPIIT Registration?
DPIIT (Department for Promotion of Industry and Internal Trade) recognition is a government certification for startups in India. It allows your business to enjoy special benefits under the Startup India initiative.
Who Can Apply?
The Startup should be incorporated as a private limited company or registered as a partnership firm or a limited liability partnership.
Turnover should be less than INR 100 Crores in any of the previous financial years.
An entity shall be considered as a startup up to 10 years from the date of its incorporation.
The Startup should be working towards innovation/improvement of existing products, services and processes and should have the potential to generate employment/create wealth. An entity formed by splitting up or reconstruction of an existing business shall not be considered a "Startup".
Benefits of DPIIT Registration
Tax Exemption
100% profit tax exemption for 3 consecutive years under Section 80-IAC
Easier Funding
Access to government-backed funds and schemes
IPR Benefits
Fast-track patents, trademarks, and reduced fees
Regulatory Relaxation
Exemptions from certain labor and compliance requirements
Government Tenders
Special privileges in government procurement
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