Incorporation of Indian Companies, LLPs witness mega surge
Channel: My Growing India
Date: 2023-09-26

A record 102,611 companies and LLP firms incorporated between April and August, up 11.5% from a year before, says latest data compiled by the Ministry of Corporate Affairs (MCA).  About 2.44 million company forms were filed on the latest version of the ministry's corporate filing portal until September 10 in this financial year, against 2.29 million a year before, the data showed. Around 306,000 LLP forms were filed on the MCA21 (Version 3 or V3) portal until September 10, up from about 233,000 a year ago.
• Higher incorporation comes even as some company secretaries and chartered accountants continue to flag technical glitches involving the V3 portal since its rollout for companies on January 23.

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