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.
Company registration in India now possible in 3 working days