But he doesn't have a name for the party yet.
At the 39th anniversary of his welfare association Kamal Haasan Narpani Iyakkam, the actor said he was not anxious about finances to run his party as he was confident that his fans will fund it.
According to reports says that a court in Varanasi will today hear a plea against Kamal Hassan, in which he moved by Lawyer Kamlesh Chandra Tripathi, who sought directions for the actor to refrain from making such comments.
Over the last week, he had walked right into a huge controversy with his remarks on violence by right-wing Hindu groups that earned him the wrath of the BJP.
Mohd Aamir Rashid, the president of Muslim Youths Association in Aligarh, has called Kamal Haasan an "anti-national". "Now since there is no space in jails they want to shoot us and kill us,". but in democracy, everyone has the right to express", Haasan told in a meeting of farmers in Chennai.
BJP leaders interpreted his stinging criticism to be the precursor to a leap into politics.
The mobile app will also be used to keep account of funds the actor receives from his fans.
"Such religious fanatics and radical minds issuing murder/assassination threats should be immediately arrested by the concerned authorities and stringent legal action is needed against these persons who threatened to kill Kamal Haasan", the Kerala CM said in a post on Facebook.
Kamal said November 7 is a day not to cut a cake and celebrate but a day to cut canals, obliquely referring to the flooding of several localities in the city due to recent rains.
It is widely speculated that the political party he forms could be an upgraded and organised version of this initiative.