Register as Dormant Company

A Limited Company or Private Limited Company or One Person Company can register itself as a dormant company and avail certain exemptions from mandatory compliances. Dormant company status is mainly obtained for companies registered to hold an asset or intellectual property and have no significant accounting transactions. In this article, we look at the procedure for registering as a dormant company in India and its advantages.

What is a dormant company?

As per the Companies Act, 2013, the definition for a dormant company is:

"Where a company is formed and registered under this Act for a future project

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What is a private limited company India? What are the advantages and disadvantages of a private limited company? Private Limited Company Registration Comparison – One Person Company and Private Limited Company How do you name a Private Limited company? How to open a current account for a Private Limited Company? CIN Number of a Company: Everything You Need to Know

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