For startups to grow and thrive in a country, they need government support. The Government of India has launched several startup-focused initiatives aimed at ensuring long-term economic growth and fostering innovation, thereby increasing employment opportunities in the country.
To qualify for tax incentives and facilitate compliance, companies must be recognized as a start-up by the Ministry of Industry Promotion and Domestic Trade (DPIIT) under the Startup India initiative. Startups certified by DIPP can access intellectual property rights (IPR) benefits, such as IPR acceleration, without additional authorization from the Interagency Council.
If you need legal advice or help registering your company or business, we can help. At Defineipr, we connect entrepreneurs with ,industry experts for insight and feedback.
