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Government Benefit
Self-certification for compliance
Startups can self-certify compliance with labor laws, environment laws, and other regulations for up to 5 years.
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Understanding Self-certification for compliance
The Self-Certification for Compliance is a groundbreaking policy that allows startups to self-certify their compliance with various labor and environmental laws for up to 5 years instead of undergoing frequent government inspections. This drastically reduces compliance burden and allows your startup to focus on growth rather than regulatory compliance, making India an attractive destination for startup operations.
Estimated Benefit
₹2-5 Lakhs in reduced compliance audit costs; saved time and resources
Timeline
5 years from incorporation date
How to Apply
Ensure your startup maintains proper compliance internally. Upon DPIIT recognition, you can submit self-certification declarations to labor and environmental authorities indicating your compliance with relevant laws. Keep proper documentation to support your self-certification.
Eligibility Criteria
Your Startup Must...
- DPIIT-recognized startup
- Incorporated after 1st April 2016
- Not involved in sectors with special compliance needs
- Must maintain internal compliance records
Key Requirements
- DPIIT-recognized startup
- Incorporated after 1st April 2016
- Not involved in sectors with special compliance needs
Documents Required
Essential Documents
- DPIIT Startup Recognition Certificate
- Self-Certification Declaration form
- Internal Compliance Audit Report
- Workplace Safety Certificates
- Environmental Compliance Documentation
- Employee Attendance & Payroll Records
What This Means for Your Startup
- Reduced Tax Burden
- Lower Compliance Costs
- Enhanced Credibility
- Faster Growth Path
Key Highlights & Benefits
Valid for up to 5 years from incorporation
Direct benefit for your startup growth and compliance
Covers labor laws, environment laws, and workplace safety
Direct benefit for your startup growth and compliance
Reduces audit burden and frivolous inspections
Direct benefit for your startup growth and compliance
Cost savings on compliance audits
Direct benefit for your startup growth and compliance
Enables faster business operations
Direct benefit for your startup growth and compliance
Maintains regulatory framework compliance
Direct benefit for your startup growth and compliance