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    <title>MCA registers 1.55 lakh company incorporations in FY 2020-21, an increase of 27% year-on-year</title>
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    <description>MCA recorded significant year on year increases in company and LLP incorporations in FY 2020-21 and maintained CRC operations during lockdowns. The SPICe+ form (launched Feb 2020) integrated ten registration services-name reservation, company incorporation, DIN, EPFO, ESIC, PAN, TAN, selected state profession tax, bank account facilitation and optional GSTN-to streamline startups. The MCA also revised the Small Company definition, waived incorporation fees up to certain authorised capital, incentivised One Person Companies and de criminalised technical procedural violations to advance Ease of Doing Business.</description>
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