What is cost for Closure of Private Limited Company?

What is cost for Closure of Private Limited Company?

If you want to close your Private Limited Company, is should be at-least a year old and the creditors of the company should be willing to let you close the company. Then, you can close your company through Fast track scheme. A Private Limited Company, which said to have perpetual succession sometimes faces crucial situation such as low profit, loss, labour problem, no market for the product etc. In such conditions you can avail the Fast Track Scheme, introduced by the Ministry of Corporate Affairs. A Fast Track scheme is the easy route for the Directors to close their company without much legal complications and time consuming. Instead of going for Winding-up of Company, which you need to appoint or Court would appoint an Official Liquidator and the process, would go on for months. In order to avoid all these lengthy legal formalities, you can use the option of Fast Track Exit Scheme to close your Private Limited Company.

Cost of Service

Professional Fee Rs.4999/-

Affiliate Fee Rs.0/-

Government Fees Rs.5000/-

Total Fees Rs.9,999/-

Documents Required

Preparation of the below given documents will be made.

  • Affidavits form Directors
  • Indemnity Bond
  • Board Resolution
  • Statement of Accounts

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