Covid Lockdown was initiated on 25th march, 2020 by the Indian Government. And the unlock process has started from the 1st June, 2020.

Take the example of New Company registration in India. If we check the statistics of 2020 and compare them with the previous year, we can notice the impact.

- The numbers of new registered companies has been decreased in 2020
The overall numbers of newly registered Companies have been decreased in 2020 as compared to the total numbers of new registered companies in 2019.

As per the Ministry of the Corporate Affairs (MCA) India, a total of 16,500 new companies got their registration in July, 2020. It was a record breaking number in 7 years.

In April, 2020 a total of 3209 new companies got their registration. There were 10,383 new companies registered in April, 2019. In May, 2020 there was 4835 new companies registered. But in June, the total numbers has been increased to 10,955. We can see a sharp decline in registering new companies in 2020 as compared with the previous year.

- Industry Leaders are Confident for the Future
But the industry leaders are still confident about the overall industry growth in India. We talked to the industry leader, One Click Business Solutions. They provide Private Company registration services in India.

- Directly from the Industry Leader
According to the One Click Business Solutions, the Covid pandemic situation has obviously impacted the overall business scenario. But it won’t be long to get over with this outline. People are desperate to take significant measures to get growth in their profession/businesses.

The Company provides new Company Registration services for the below mentioned area:-
1. Private Limited Company Registration
2. Public Limited Company Registration
3. NBFC Company Registration
4. Microfinance Company Registration
5. Nidhi Company Registration
6. Section 8 Company Registration
7. Cooperative Society Registration

The Director of One Click Business Solutions said – “We have seen a sharp decline in new company registration process in the LockDown period. But after the unlock procedure started, we got into the business almost as usual. Since unlock progress started in May, 2020 to till December, 2020, we were able to register 100+ different types of new Companies. Although the numbers have been decreased in 2020 as compared with the previous year, we are hopeful that it will be back on track very soon.”

One Click Business Solutions is a leading company that provides new company registration services in India. They have been into this industry since 2008 and made significant progress in this field. The company was able to expand their Company Registration service business across India. They have their branch in some of the top cities in here.