Finance, Legal

Zero fee for incorporation of all companies with authorized capital upto Rs.10 lakh

Zero fee for incorporation of all companies with authorized capital upto Rs.10 lakh

The Finance Ministry has notified the Companies (Registration offices and Fees) Amendment Rules, 2018 inter alia providing for zero fee for incorporation of all companies with authorized capital upto Rs.10 lakh.

The Notifications is the outcome of Government Process Re-engineering (GPR) initiatives for making the Incorporation Process Speedy, Smooth, Simple and reducing the number of procedures involved for starting a Business.

The amended rules shall come into effect from 26th January, 2018

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