Govt Eases Corporate Compliance for Firms and Start-Ups
ECONOMY & POLICY

Govt Eases Corporate Compliance for Firms and Start-Ups

The Government of India has introduced a series of reforms in 2024–25 to simplify corporate compliance, reduce costs, and improve ease of doing business for companies, including Micro, Small, and Medium Enterprises (MSMEs) and start-ups.

Key Measures Introduced
  • Direct overseas listing: Indian public companies can now directly list securities in approved foreign jurisdictions, broadening investor access and providing alternative capital sources.
  • Director KYC updates: Amendments allow additional opportunities to update mobile numbers and email addresses in the official KYC database.
  • Faceless adjudication: Penalty proceedings have shifted to an online, video-conference-based process, removing the need for physical hearings.
  • Faster cross-border mergers: Mergers of foreign-incorporated holding companies with wholly owned Indian subsidiaries now require only Central Government approval, replacing National Company Law Tribunal (NCLT) clearance.
  • Expanded C-PACE operations: The Centre for Processing Accelerated Corporate Exit now handles voluntary company closures and Limited Liability Partnership (LLP) strike-offs.
Streamlined Business Registration
  • The integrated SPICe+ and AGILE PRO-S web form offers eleven services for starting a business, from name reservation to tax and social security registrations.
  • Zero incorporation fees now apply to companies with authorised capital up to Rs 1.5 million or up to 20 members with no share capital.
  • A Central Registration Centre (CRC) processes company and LLP incorporation, while the LLP incorporation form FiLLiP is now linked to the tax system for PAN/TAN allotment.
  • A Central Processing Centre (CPC) launched in February 2024 enables faster, centralised processing of electronic forms under the Companies Act.

Boost for Start-Ups
  • The start-up recognition process is fully digital via the Startup India portal and National Single Window System, with self-certification and simplified documentation.
  • A recognition handbook, online tutorials, and state-level workshops support entrepreneurs.
The Ministry of Corporate Affairs continues to amend the Companies Act, LLP Act, and associated rules based on stakeholder feedback and Company Law Committee recommendations.

The Government of India has introduced a series of reforms in 2024–25 to simplify corporate compliance, reduce costs, and improve ease of doing business for companies, including Micro, Small, and Medium Enterprises (MSMEs) and start-ups.Key Measures IntroducedDirect overseas listing: Indian public companies can now directly list securities in approved foreign jurisdictions, broadening investor access and providing alternative capital sources.Director KYC updates: Amendments allow additional opportunities to update mobile numbers and email addresses in the official KYC database.Faceless adjudication: Penalty proceedings have shifted to an online, video-conference-based process, removing the need for physical hearings.Faster cross-border mergers: Mergers of foreign-incorporated holding companies with wholly owned Indian subsidiaries now require only Central Government approval, replacing National Company Law Tribunal (NCLT) clearance.Expanded C-PACE operations: The Centre for Processing Accelerated Corporate Exit now handles voluntary company closures and Limited Liability Partnership (LLP) strike-offs.Streamlined Business RegistrationThe integrated SPICe+ and AGILE PRO-S web form offers eleven services for starting a business, from name reservation to tax and social security registrations.Zero incorporation fees now apply to companies with authorised capital up to Rs 1.5 million or up to 20 members with no share capital.A Central Registration Centre (CRC) processes company and LLP incorporation, while the LLP incorporation form FiLLiP is now linked to the tax system for PAN/TAN allotment.A Central Processing Centre (CPC) launched in February 2024 enables faster, centralised processing of electronic forms under the Companies Act.Boost for Start-UpsThe start-up recognition process is fully digital via the Startup India portal and National Single Window System, with self-certification and simplified documentation.A recognition handbook, online tutorials, and state-level workshops support entrepreneurs.The Ministry of Corporate Affairs continues to amend the Companies Act, LLP Act, and associated rules based on stakeholder feedback and Company Law Committee recommendations.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement