12 AUG 2025 | New Delhi
The Government of India has introduced a series of reforms in 2024–25 aimed at simplifying corporate compliance, reducing costs, and enhancing ease of doing business, especially for Micro, Small, and Medium Enterprises (MSMEs) and startups.
Key initiatives include:
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Overseas Listing – Indian public companies can now list directly in permissible foreign jurisdictions, boosting global investor reach.
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Faceless Adjudication – Corporate default cases will now be handled online via video conferencing, eliminating the need for physical hearings.
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Faster Mergers – Mergers between foreign holding companies and Indian subsidiaries will require only Central Government approval, speeding up the process.
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C-PACE Expansion – The Centre for Processing Accelerated Corporate Exit will also handle LLP closures.
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Simplified Company Registration – The SPICe+ integrated form offers 11 services in a single application, including PAN, GST, bank account, and labour law registrations.
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Zero Fee Incorporation – Companies with up to ₹15 lakh authorized capital or 20 members without share capital can incorporate at no cost.
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Startup Recognition – The Startup India portal and National Single Window System now offer fully digital, self-certification-based recognition.
The government has also set up Central Registration Centres for companies and LLPs, integrated PAN/TAN allotment at incorporation, and operationalized the Central Processing Centre for faster e-form processing.
Minister of State for Corporate Affairs Harsh Malhotra said these reforms are based on stakeholder feedback and Company Law Committee recommendations, with further amendments planned under the Companies Act and LLP Act.
Source: PIB
