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Important announcement for all the businesses in India. MHA approval for DIN and security clearance is now mandatory. Letu2019s understand all about the security check compulsory for DIN allotment.
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Start Your Business Call Experts 8881-069-069 Helps you start business hassle free www.e-startupindia.com
Start Your Business Call Experts 8881-069-069 Security Check Compulsory for Foreign Directors Important announcement for all the businesses in India. MHA approval for DIN and security clearance is now mandatory. Let’s understand all about the security check compulsory for DIN allotment. www.e-startupindia.com
Start Your Business Call Experts 8881-069-069 Mandatory Security Check for Chinese DIN Allottees In June 2022, the Indian government amended its several rules for appointment of directors. As a result, now onwards, people from countries sharing land borders with India (China, Pakistan, Bhutan, Myanmar, Afghanistan, Nepal, Bangladesh) must get security clearance from India’s Ministry of Home Affairs (MHA) before: Applying for a Director Identification Number (DIN) Being appointed as directors in Indian companies. www.e-startupindia.com
Start Your Business Call Experts 8881-069-069 Why do new directors need to get security clearance In order to protect national security, and deter potential threats, the Indian government has now made it mandatory to get security clearance for becoming a director in Indian companies. www.e-startupindia.com
Start Your Business Call Experts 8881-069-069 Do existing foreign directors need to get security clearance Existing directors from the foreign countries who are applying for DIN Renewal or seeking reappointment must get security clearance. New appointments of directors from these countries must get security clearance through an online application form. www.e-startupindia.com
Start Your Business Call Experts 8881-069-069 What is the process of getting security clearance for a new director appointment The first step is to register and log in to the Ministry of Corporate Affairs (MCA) portal. The next step is to go to E-SAHAJ SEWA (direct link) within the MCA portal. Then, you need to complete the application form with accurate details (passport, visa, citizenship). Lastly, submit the application, keep a copy for your records, and follow up if any technical issues arise. www.e-startupindia.com
Start Your Business Call Experts 8881-069-069 What’s the effect on your business Companies now need to mandatorily integrate this security measure step into incorporations and director appointment processes. Furthermore, they must understand how to use the E-Sahaj Portal. Lastly, the appointment of directors process may take longer and as a result planning and strategizing your incorporation process is essential. www.e-startupindia.com
Start Your Business Call Experts 8881-069-069 Conclusion In conclusion, the government is moving towards more strict corporate governance. Considering national security it is important for businesses to stay in compliant with rules and get security clearance for appointment of directors. With careful planning and right guidance from E-Startup experts, businesses can manage the appointment of directors without any hassle. www.e-startupindia.com
Start Your Business Call Experts 8881-069-069 If you need further assistance or have any doubts, our experts are here to help you. Call us: 8881-069-069. Download E-Startup Mobile App and Never miss the latest updates narrating to your business. www.e-startupindia.com
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