Closure of a Company- Compliances
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About This Package
Just as the Startup industry has witnessed rapid growth, the world of business also experiences ebbs and flows. There may come a time when you need to make the decision to close your company in India. When that moment arrives, our comprehensive package is the invaluable resource that can guide you through the process with ease.
Our package is meticulously designed to provide you with a step-by-step roadmap for closing a company in India. It caters to businesses of all sizes and industries, ensuring that the process aligns seamlessly with local regulations and guidelines, making it hassle-free and straightforward.
Within our company closure package, you'll find a range of services that cover various aspects of winding up a business, including legal compliance, asset distribution, and formalities with governmental bodies. We understand that this is a significant step, and we're committed to ensuring it's executed with precision. What sets our company closure package apart is the dedicated support we offer. We provide you with experienced professionals who specialize in the process of closing businesses in India.
Ideal For
- Registered Companies
- Change in Business Structure
- Insolvent Companies
Services Included
- Initial Consultation
- Company Closure Planning
- Legal Compliance Fulfillment
- Application for Company Closure
How It's Done
This plan is equipped with a dedicated expert for Company Closure who will initiate the process of Company Closure as Per Companies Act and will complete all the necessary formalities needed to complete the process.
25 days estimate
Purchase of Plan
Collection of Documents
Filing Application for Company Closure
Preparing Legal Draft
Debt Settlement & Asset Management
Document Requirements
Here are all the documents you need to provide for your Closure of a Company - Compliances
Articles of Dissolution or Closure
Board Resolution
Shareholder Resolution
Final Financial Statements
Tax Returns
Outstanding Debt Records
Inventory Records
Employee Records
Lease Agreements
Contracts and Agreements
Notice to Creditors
Insurance Policies
Banking and Financial Records
Minutes of Meetings
Employee Benefit Plans
Asset Sale Agreements
Business Licenses and Registrations
Dispute Resolution Records
Frequently Asked Questions
Get answers to common questions about Closure of a Company - Compliances
How to Close a Company?
For closure of a company there are two ways voluntary closure and closure by tribunal. For both the ways there is a need to appoint a liquidator.
What are the documents required for company closure?
For the purpose of company closure there is a requirement of a liquidator, statement of affairs of the company, financial statements of the winding company is required.
How much does it cost to close a Pvt Ltd company?
The total cost of company closure in India is ₹20,999 which includes Govt fee as well as professional fee.
What is the procedure of company closure in India?
According to the companies Act, 2013 the procedure of company closure is.
- Board Resolution
- Approval from shareholders and trade creditors
- Declaration of solvency
- Creation of report of assets and liabilities
- File application for company closure
- Resolution of dissolution of company
- Advertisement in the Newspaper
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