<h1>Government reforms simplify corporate compliance and ease business for MSMEs and startups under new rules</h1> The government has implemented multiple reforms to simplify corporate compliance, reduce costs, and facilitate ease of doing business for MSMEs and startups. Key measures include permitting direct overseas listing of securities by Indian companies, introducing faceless online adjudication for corporate defaults, and streamlining mergers by delegating approval of certain cross-border mergers to regional directors instead of the National Company Law Tribunal. The establishment of centralized processing centers accelerates company registration, name reservation, and voluntary closure procedures for companies and LLPs. A consolidated web form integrates multiple registrations and zero incorporation fees apply for companies with limited capital or members. Startup recognition processes have been digitized with simplified documentation and nationwide support workshops. Amendments to company and LLP laws continue based on stakeholder inputs to promote efficiency and growth in the corporate sector.