How

Can I Close My Company

Start your company closing process online at just ₹19,999/- only.

Ebizfiling helps you step-by-step to close your company legally with MCA approval and expert guidance.

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How Can I Close My Company 

All You Need to Know

What Does It Mean to Close a Company?  

When a business stops operating, it must be formally shut down with approval from the Ministry of Corporate Affairs (MCA). The process of closing a company removes its name from official records, ensuring there are no further compliance requirements or legal liabilities.

If you are wondering how can I close my company, the answer depends on whether your company is active or inactive. The most common route is applying for voluntary removal of the company name under Section 248 of the Companies Act, 2013. It allows a company with no assets, liabilities, or operations for the last two financial years to apply for closure online.

Ebizfiling provides complete support; from eligibility check, document preparation, and form submission to MCA approval, so that you can legally close your company without confusion or penalty.

Legal-Closure-of-Your-Company-What-You-Need-to-Know

Who Can Apply to Close a Company in India?  

  • Businesses that are no longer operational or generating income

  • Private limited companies that have not filed returns for two years

  • Companies that have cleared all debts and liabilities

  • Startups that have not commenced business after incorporation

  • Companies wanting to avoid ongoing ROC and compliance penalties

Why Choose Ebizfiling for Company Closing in India?  

Ebizfiling manages the full process of how to close a company in India from start to finish. Our experts prepare documents, file forms, and follow up with the ROC until approval. We help you exit your business legally and ensure you don’t face any future compliance issues. Our expertise extends to services such as Strike off LLP, Strike off OPC and Dissolution of Firms. For guidance, you can call  09643203209 or email to us at info@ebizfiling.com.

Company Closure Charges

Choose Your Package

ESSENTIAL

19999/-

(All Inclusive)

  • Wind up a company with no transactions since incorporation
  • Preparation of Statement of Accounts
  • Preparation of Indemnity Bond
  • Preparation of Affidavits
  • Documents preparation

ENHANCED

22999/-

(All Inclusive)

  • Wind up a company with no transactions since incorporation
  • 2 Directors' DIR 3 KYC
  • Form 20A Filing for capital upto INR 1 Lakh
  • Preparation of Statement of Accounts
  • Preparation of Indemnity Bond
  • Preparation of Affidavits
  • Documents preparation

ULTIMATE

28999/-

(All Inclusive)

  • Wind up a company with no transactions since incorporation
  • 2 Directors' DIR 3 KYC
  • Form 20A Filing for capital upto INR 1 Lakh
  • 2 DSC Application Class III Individual 2 Year Validity
  • GST Cancellation Application
  • Preparation of Statement of Accounts
  • Preparation of Indemnity Bond
  • Preparation of Affidavits
  • Documents preparation
  • Filing of GSTR-10 (Final Return)

Benefits of Closing a Company Legally  

Financial Safety

It protects your personal and company assets from any future business-related claims or disputes.

Legal Protection

It permanently ends all legal responsibilities of the directors and safeguards them from future liabilities.

Avoid Future Penalties

It helps you stop unnecessary late filing charges and avoid yearly compliance fines imposed by the MCA.

Quick Online Process

It allows you to complete the entire process online through the MCA portal with minimal effort.

Clean Business Record

It keeps your company history clear and helps you register a new business without restrictions.

Peace of Mind

It provides a complete and lawful exit from your inactive company without facing unnecessary complications.

Documents Required to Close a Company in India  

Company Closure Documents

  • Company PAN card copy

  • Board resolution for company closing

  • Consent letter from all directors

  • Statement showing no assets or liabilities

  • Affidavit and declaration by directors

  • Digital Signature Certificate (DSC)

  • Address and ID proof of directors

  • Latest Income Tax filing proof (if any)

Stepwise Process on How Can I Close My Company  

1

Eligibility Check

2

Document Preparation

3

Online Filing

4

ROC Review

5

Approval & Confirmation

What Does Ebizfiling Do for Company Closing? 

  • Eligibility Review: Our experts carefully check whether your company qualifies for closure under Section 248 of the Companies Act, ensuring that all legal and financial requirements are met before starting the process.

  • Document Preparation: We prepare and verify every legal document required, including affidavits, indemnity bonds, and director resolutions, so your application is accurate and ready for MCA submission.

  • Application Filing: Ebizfiling handles the complete online filing process with the Ministry of Corporate Affairs using the company’s Digital Signature Certificate to ensure error-free submission.

  • ROC Coordination: We communicate directly with the Registrar of Companies (ROC) to respond to queries, submit clarifications, and make sure your application moves forward without unnecessary delays.

  • Status Tracking: Our team continuously tracks the progress of your application on the MCA portal and keeps you updated at every stage until final approval is granted.

  • Final Confirmation: Once the ROC approves your application, we provide you with the official proof of company closure, confirming that your company name has been legally removed from the MCA records.

FAQs

FAQs on How Can I Close My Company  

Get answers to all your queries

  • How can I close my company legally in India?

    To close your company legally, you must apply to the Ministry of Corporate Affairs (MCA) under Section 248 of the Companies Act. Once your application is verified and approved, the company’s name will be officially removed from the MCA records.

  • Can I close my company if it has pending loans or dues?

    No, a company with unpaid loans or liabilities cannot apply for closure. You must clear all debts and settle financial obligations before submitting the application to the MCA.

  • What is the first step to close a company in India?

    The first step is to check your company’s eligibility. If your company has been inactive for two years and has no assets or liabilities, it can apply for voluntary closure under Section 248.

  • How much time does it take to close a company?

    The process usually takes between 3 to 6 months, depending on document accuracy and the Registrar of Companies’ review speed. Ebizfiling ensures that all forms are correctly filed to avoid delays.

  • Do I need all directors’ consent to close my company?

    Yes, every director must provide written consent and sign the required affidavits and indemnity bonds before filing the application. Without unanimous consent, the MCA may reject the application.

  • Can a company that never started operations be closed?

    Yes, if your company never commenced business after incorporation, you can still apply for closure. You need to submit a declaration stating that the company has no assets, liabilities, or business transactions.

  • Is there any government fee for closing a company?

    Yes, a standard government filing fee of ₹10,000 is applicable when submitting the closure form to the MCA. Professional assistance may involve a small additional service charge.

  • Do I need to complete annual filings before applying for closure?

    Yes, pending annual returns or financial statements should be filed first. MCA requires all past compliance to be updated before approving the closure request.

  • Can I close my company online?

    Yes, the entire process is online. All forms and documents are filed through the MCA portal using the Digital Signature Certificate (DSC) of the directors.

  • Can I reopen my company after it’s closed?

    A closed company can only be reopened through a National Company Law Tribunal (NCLT) order within 20 years of closure, provided valid reasons are shown.

  • Is it mandatory to have a Chartered Accountant for this process?

    Yes, a Chartered Accountant must verify the financial statements showing nil assets and liabilities before you apply for company closure.

  • Do I need to cancel GST and PAN before closing my company?

    Yes, it’s important to cancel all tax registrations, such as GST, before filing the closure application to avoid future tax liabilities.

  • Can foreign-owned companies close in India?

    Yes, foreign-owned companies registered in India can also close by following the same MCA procedure, provided all compliances are complete.

  • Is professional assistance necessary to close a company?

    Yes, professional help ensures correct documentation, quick approval, and compliance with MCA requirements, preventing errors or rejection.

  • What happens after the company is officially closed?

    Once approved, the company name is struck off from MCA records, and it ceases to exist as a legal entity. You are no longer required to file returns or maintain accounts.

  • Can I close my company if it has no bank transactions?

    Yes, a company with no financial activity can apply for closure after providing a declaration of inactivity and nil assets and liabilities.

  • Do I need to inform my employees before closing the company?

    Yes, all employee dues and salaries must be cleared, and proper notice must be given before applying for company closure.

  • Is there a penalty for not closing an inactive company?

    Yes, the MCA may levy penalties for non-filing and non-compliance, and directors can face disqualification for failing to close inactive companies.

  • How can I track the status of my closure application?

    You can track your company closure status anytime on the MCA website under the “Company Master Data” section using your CIN.

  • Why should I choose Ebizfiling to close my company?

    Ebizfiling provides end-to-end support — from verifying eligibility and preparing documents to online filing and tracking approval — ensuring your company is legally closed without any confusion.

Reviews

  • Client Review & Ebizfiling

    Amrish Ganatra

    28 Nov 2017

    "Our Company being an Indian Subsidiary requires much compliance, but ebizfiling has provided us end to end services. They are very important part of our business. They handle all of the legal tasks in India. I highly recommend ebizfiling for non-residents thinking of starting a project in India."

  • Ebizfiling

    Chander Verma

    01 Oct 2019

    Ebiz Filling team did all filling conveniently, team is flexible, approachable. I highly recommend EbizFilling to startups like for all financial services.

  • Ebizfiling

    Amir Abbas Sayedrizvi

    05 Aug 2019

    Charges are very affordable and One of the fastest & bestest service I ever get and miss Snehal is too corporative and very dedicated I had recommended to all my colleagues even they also like thier services.

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