DIPP Registration: A Gateway to Startup India Benefits
DIPP Registration is a crucial step for startups in India looking to leverage the benefits of the Startup India Initiative. The Department for Promotion of Industry and Internal Trade (DPIIT), formerly known as DIPP, offers this recognition to eligible startups, granting them tax exemptions, easier compliance, and access to government schemes.
What is DIPP Registration?
DIPP Registration is the process through which startups gain recognition under Startup India. This initiative was launched by the Indian government to promote innovation, entrepreneurship, and job creation. By obtaining DPIIT recognition, startups can enjoy perks such as self-certification under labor laws, exemption from angel tax, and eligibility for government funding programs.
Who Can Apply for DIPP Registration?
To qualify, a startup must:
Be incorporated as a Private Limited Company, LLP, or Partnership Firm.
Have an annual turnover of less than ₹100 crore in any financial year.
Work towards innovation, product improvement, or scalable business models.
Registering under DIPP can significantly enhance a startup’s credibility and financial viability. In the next section, we’ll explore the step-by-step DIPP Registration process and its key benefits.