Startup India Registration, formally known as DPIIT Recognition (Department for Promotion of Industry and Internal Trade), is a government initiative that grants eligible startups access to tax exemptions, easier compliance, funding support, and other benefits. It is aimed at encouraging entrepreneurship and innovation among young, growth-oriented Indian businesses.
Eligibility: the entity must be a Private Limited Company, LLP, or registered Partnership Firm, not older than 10 years from incorporation, with annual turnover not exceeding Rs. 100 crore in any financial year, working towards innovation or a scalable business model, and not formed by splitting up or reconstructing an existing business.
DPIIT recognition typically takes 2-4 weeks. Note that the 80-IAC tax exemption requires a separate application to the Inter-Ministerial Board after recognition.
Answers to the questions we hear most often about Startup India registration in Delhi NCR.
Digitax Consultancy was founded on April 1, 2011, by Vishwa Jeet Dwivedi and Amit Kumar Jha, two visionaries with a passion for simplifying financial services.
