Register company in a day |
It usually takes five days to register a company in India, but for Wiziwig Learnings and Parnasa Mediworld it was a one-day affair.And it wasn`t just the two of them. Two other companies were also incorporated in a day, marking the successful launch of a pilot project by the ministry of corporate affairs in Delhi. Since the pilot launch, 28 company secretaries are huddled in the ministry of corporate affairs` conference room in the capital`s Shastri Bhawan along with a couple of officials and some executives from Infosys, trying to ensure that companies can be registered within a day. Over the next few weeks, as the system stabilizes, anyone would be able to register a company in a day as the government moves to centralised processing of incorporation proposals at a new centre in Manesar (near Gurgaon), instead of doing it with the Registrar of Companies (RoC). The World Bank`s Ease of Doing Business rankings estimated last year that, on an average, it took two-seven days to reserve the name for a company and another five days to complete the incorporation formalities.
|
|
|
|