Closing a One Person Company

Closing a One Person Company Registration

  • INR 8,000 /-
  • All Inclusive, No hidden Charges

Basic Plan

One Person Company is a business entity run by a sole owner with the benefit of limited liability. It has a separate entity from the member.
Every One Person Company must nominate a member for the Directorial position in the MOA / AOA, in case of absence of the prime Director.






Requirements for closing One Person Company:
Closing of One Person Company is either voluntary or by the tribunal. Any One Person Company, which has been inoperative for more than a year from its date of incorporation, can apply for closing of the Company.

It is necessary to file closing application with the Registrar as it needs to be updated and the Company is free from all legal compliances and officially closed.The filing of the application to the Registrar should be done within 30 days of signing the agreement of assets and liabilities.


Step-1
Application for closing One Person Company

Step-2
Board Resolution for closure

Step-3
Director's Affidavit

Step-4
Indemnity Bond & Statement of Assets and Liabilities

Yes, it is necessary to file closing application with the Registrar as it needs to be updated and the Company is free from all legal compliances and officially closed.

The form has to filled and filed with Registrar office within 30 days from the date of signing of the Statement of Assets and Liabilities.