Over the past two years, several key reforms have been implemented to simplify company procedures, accelerate dispute resolution, expand capital-raising avenues, and streamline regulatory filings. These steps align with the vision of boosting entrepreneurship, promoting investments, and strengthening India’s position as a global business hub.

A key reform was the allowance of direct overseas listing of Indian public companies in designated foreign jurisdictions, providing easier access to global investors and alternative funding channels. The director KYC process has also been eased, allowing directors additional chances to update their mobile number and email details for better accuracy.

To reduce litigation hurdles, faceless adjudication of penalties has been introduced, enabling hearings via video conferencing instead of physical appearances. Similarly, cross-border merger rules have been simplified by allowing mergers of foreign holding companies with Indian subsidiaries through Regional Director approval instead of NCLT, making the process faster and less costly.

On the exit side, the Centre for Processing Accelerated Corporate Exit (C-PACE) has been strengthened to centrally handle strike-off requests for both companies and LLPs, improving timelines and transparency.

Alongside these reforms, the Government has launched several initiatives to simplify corporate procedures. The SPICe+ integrated form, supported by AGILE PRO-S, now provides 11 services at the time of incorporation, while a zero-fee policy applies to companies with capital up to ₹15 lakh or up to 20 members without share capital. The Central Registration Centre (CRC) and Central Processing Centre (CPC) now provide centralised, faster clearances, while the FiLLiP form for LLPs is linked with PAN/TAN allotment at incorporation.

For startups, the recognition process has been fully digitised through the Startup India portal and NSWS with self-certification, guidance handbooks, and workshops in partnership with state nodal agencies and incubators.

Together, these reforms and initiatives significantly cut costs, reduce delays, and bring greater transparency, making India’s corporate environment more business-friendly.