Close a Company
An inactive or dormant company can be wound up to avoid annual compliance formalities and penalty for non-compliance. MAANOF offers winding up of a private limited company from Rs.24899/-
Winding Up of a Company
A private limited company is an artificial judicial person and requires various compliances like appointment of Auditor, regular filing of income tax return, annual return filing and more. Failing to maintain compliance for a Company could result in fines and/or debarment of the Directors from incorporating another Company. Therefore, if a private limited company has become inactive and there are no transactions in the company, then it is best to wind up the Company. To enable inactive private limited companies to quickly close or wind up, the Ministry of Corporate Affairs has introduced Fast Track Exit Mode – an easier way gegto close inactive companies at a cheaper cost with lesser formalities. A defunct company which has not carried out any business activity or operations for last one year or since incorporation and having NIL assets & liability can apply for sticking-off of name under the Fast Track Exit Mode. MAANOF can help you wind up your Company quickly and easily.