There are a number of advantages of registering a Startup company. On January 16, 2016 the government of India launched the Startup India Initiative, to help boost the startup ecosystem.
1. They are provided with tax exemption for three years,
2. They have a startup patent application and IPR protection,
3. They are provided with self certification under Labor and Environmental Laws (no time-consuming compliances)
,4. They are provided with easy Winding Up of the Company process,
5. It is a simple process of registration which can be done through the mobile phone, as the Government has launched an app and website for easy registration.