OBTAINING STATUS OF DORMANT COMPANY
Dormant Status allows a company to maintain its registration and corporate identity while it is inactive, without the burden of full annual compliance.
Key Features:
• Asset Protection
• Minimum Compliance Requirements
• Easy Reactivation
• Low cost
Legal Procedure Includes:
• Board resolution
• Shareholder approval (Special Resolution)
• Filing of application (Form MSC-1)
• Certificate of Status issued by ROC
• Maintenance of minimum director
• Annual filing of "Return of Dormant Company"
Our Services Include:
• Assessment of eligibility for MSC-1
• Drafting Board and Shareholder resolutions
• Preparation of Statement of Affairs
• Filing the application for Dormant status
• Advisory on annual maintenance of status
• Liaison with the Registrar of Companies (ROC)
Maintaining a dormant status is a strategic way to preserve a corporate entity without the burden of full compliance.
We ensure your application is seamless and meets all statutory criteria.