Startups can enjoy many benefits under the Startup India Initiative. These benefits can only be accessed if an entity has been recognized by the DPIIT to be a startup. Startups can self-certify compliance with six labor laws and three environmental laws. This is allowed for a total period of five years from the date of incorporation/registration of the entity. Startups have a three year tax exemption, as well as the best intellectual property services and resources that are designed to help them protect and market their IPRs.