The Startup India initiative, introduced by the Government of
India, aims to foster entrepreneurship and innovation by offering startups
financial, operational, and legal benefits. A crucial step for startups to
access these benefits is obtaining DPIIT Recognition from the Department for
Promotion of Industry and Internal Trade (DPIIT). Once the application for DPIIT
Registration is submitted, tracking its status is essential to ensure
timely approval and utilization of the benefits. This article explains how to
track your DPIIT recognition application and explores related registrations
that enhance startup operations.
Understanding DPIIT Recognition
DPIIT Recognition is granted to startups that meet the
eligibility criteria outlined under the Startup
India Registration process. This recognition enables startups to avail of
benefits such as:
• Income tax exemptions under Section 80 IAC.
• Easier access to government tenders.
• Reduced costs for trademark and patent applications.
• Exemption from capital gains tax.
Upon approval, the startup receives the Startup
India Certificate of Recognition, which serves as formal proof of
recognition and eligibility for these benefits.
Why is Tracking Your DPIIT Application Important?
The approval process for DPIIT Recognition involves reviewing
the submitted documents and business details. Tracking the application helps
startups:
• Stay updated on the progress of their application.
• Address any deficiencies or requests for additional
information from DPIIT promptly.
• Download the Startup India Certificate immediately upon
approval to start leveraging benefits.
Steps to Track Your DPIIT Recognition Application
Tracking the status of your application on the Startup India
portal is straightforward. Follow these steps to monitor the progress:
1. Visit the Startup India Portal: Go to the official website at
www.startupindia.gov.in. Ensure you have the login credentials used during the
application process.
2. Log In to Your Account: Click on the “Login” option and enter your registered
email ID and password. This takes you to your personalized dashboard.
3. Access the DPIIT Recognition Section: Once on the dashboard, direct to the
section labeled “DPIIT
Recognition” or “My Applications”. This section contains a list of all
applications submitted under your account.
4. Check Application Status: Locate your DPIIT application and
view its status. The portal categorizes application statuses into:
• Submitted: The application has been successfully submitted and is under
review.
• In Process: DPIIT has begun the review, and additional clarifications or
documents may be required.
• Approved: The recognition has been granted, and the certificate is
ready for download.
• Rejected: The application has been declined, with reasons provided.
5. Download the Startup India Certificate: If your application is approved, a
link to download the Startup India Certificate of Recognition will appear on
the dashboard. Save this certificate as it serves as proof of your startup’s
DPIIT recognition.
Common Reasons for Delays in DPIIT Recognition
While the process is streamlined, certain issues can delay
approval:
• Incomplete or inaccurate submission of documents.
• Lack of clarity in the business plan or pitch deck.
• Failure to meet the eligibility criteria set under the
Startup India scheme.
To avoid delays, ensure your application is complete and
aligns with the eligibility requirements.
DPIIT Recognition for Related Registrations
Once your startup receives DPIIT recognition, you can explore
additional registrations to enhance operational efficiency and legal
compliance.
1. IEC Code and IEC Registration: Startups involved in import-export
activities require an Import Export
Code (IEC). This registration, done through the Directorate General of
Foreign Trade (DGFT), enables businesses to trade internationally.
DPIIT-recognized startups may find the process easier and can use their
recognition to establish credibility with global partners.
2. LLP Registration: For startups choosing the Limited Liability Partnership (LLP)
structure, registering as an LLP offers
flexibility and limited liability protection. DPIIT-recognized LLPs can also
benefit from tax exemptions and reduced compliance costs.
3. CSR-1 Registration: Startups engaged in Corporate Social Responsibility (CSR)
activities must obtain CSR-1 Registration
to receive contributions from companies mandated to perform CSR. This
registration allows startups to showcase their social impact and attract
funding for CSR-related projects.
Additional Resources on the Startup India Portal
The Startup India portal offers several tools to assist
startups in the application process and beyond:
• Knowledge Bank: Guides on DPIIT registration, IEC registration, and LLP incorporation.
• Templates and Checklists: Resources for preparing business
plans, pitch decks, and legal documents.
• Helpdesk Support: A dedicated support team for resolving queries related to
application status.
Tracking DPIIT Application: Best Practices
To ensure a smooth tracking experience, keep the following
tips in mind:
• Regular Monitoring: Log in periodically to check updates on your application
status.
• Document Readiness: Maintain copies of all documents submitted during the
application process for quick reference.
• Prompt Action: Address requests for additional information or clarifications
from DPIIT without delay.
CSR Racing and CSR Activities: Opportunities for Startups
For startups interested in CSR initiatives, DPIIT recognition
provides opportunities to engage in impactful activities. CSR Racing, for
instance, focuses on innovative projects that combine corporate objectives with
social welfare. With DPIIT recognition and CSR-1 registration, startups can
collaborate with established companies to implement large-scale CSR projects.
Conclusion
Tracking the status of your DPIIT Recognition application is a critical step in leveraging the benefits of the Startup India initiative. The online process through the Startup India portal ensures transparency and accessibility, enabling entrepreneurs to stay informed and act promptly. Additionally, securing related registrations such as IEC code, LLP registration, and CSR-1 registration can further enhance a startup’s operations and growth prospects.