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On this Republic Day, government notified ZERO incorporation fees for small companies. Below is press release issued by Ministry of Corporate Affairs:
Above benefit is applicable to small companies fulfilling any of below criterias:
- Company having share capital upto 10 lakhs; or
- Company not having share capital with number of members is restricted to 20.
Please note that stamp duty charged by respective state government are still applicable.
Read also:
Company registration in India now possible in 3 working days
http://businesslauncher.in/blog/company-registration-in-india-now-possible-in-just-3-working-days
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