The Corporate Affairs Ministry in India has unveiled a proposal to ease company incorporation rules, as outlined in the draft Companies (Incorporation) Amendment Rules, 2026. The ministry aims to streamline processes by consolidating various forms required for incorporation into just two e-forms, significantly reducing the compliance burden for businesses. Additionally, four forms related to changes in company name and registered office will be merged into one, while seven forms for company conversions and approvals will also be consolidated. Stakeholder feedback is requested by May 9, 2026. Notably, the proposed amendments include raising the cap on the number of directors eligible for Director Identification Numbers from three to five, and simplifying KYC requirements for subscribers during incorporation. Furthermore, the ministry is looking to facilitate the conversion of Section 8 companies (non-profits) to share-limited companies, allowing these entities to raise capital while maintaining their non-profit status. The overall objective of these amendments is to simplify procedures, reduce duplicate filings, and enhance the use of electronic communication, aligning with other regulatory frameworks.