Ease of Business: Now a Reality



News

  • New companies will be able to start their business  by filing just one integrated company incorporation form, starting May 1st 2015,  against eight separate forms earlier
  • The new form, called INC-29, will be available on the Ministry of Corporate Affairs website.

Benefits

  • This is part of the government’s drive to improve India’s ranking on the globally tracked parameter of ease of doing business.
  •  The government wants to reduce the time taken to register a company in India to one day.
  • To make compliance and reporting easier and convenient for corporates.

About Sindhu S

Leave a Reply

Your email address will not be published. Required fields are marked *