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ARTICLE · 05 FEBRUARY 2018

No Fee For Incorporation

S.S. Rana & Co.
S.S. Rana & Co.
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The MCA, has notified that no incorporation fee will be applicable for the registration of One Person Companies and Small Companies whose nominal share capital is less than or equal to INR10,00,000.

IndiaCorporate/Commercial Law
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S.S. Rana & Co. Advocates
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Introduction:

The Ministry of Corporate Affairs (hereinafter referred as 'MCA'), has notified1 that no incorporation fee will be applicable for the registration of One Person Companies and Small Companies whose nominal share capital is less than or equal to INR10,00,000.

No incorporation fees:

MCA has confirmed that incorporation fees will not be applicable on filing of form INC-32 (SPICe) for incorporation of companies with a nominal capital of less than or equal to INR 10,00,000 or in respect of companies not having a share capital whose number of members as stated in the articles of association does not exceed twenty, with effect from January 26, 2018. Further, initiatives have been undertaken to simplify reservation of name of company and also for allocation of DIN.

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