Running a business but need a break? Instead of shutting down, keep your company legally active without the burden of full compliance! Dormant Status lets you put your company on hold while protecting its identity, brand, and assets for future use.
What is Dormant Company Status?
A Dormant Company is one that is temporarily inactive but wishes to remain registered with the Ministry of Corporate Affairs (MCA). Under Section 455 of the Companies Act, 2013, businesses that aren’t conducting operations or transactions can apply for Dormant Status, ensuring:
- No Need for Costly Compliance - Reduces filing & regulatory burdens.
- Protection of Company Name & Assets - Prevents others from claiming your brand.
- Seamless Business Revival - Resume operations anytime without fresh incorporation.
- Avoid Heavy Penalties - Stay legally compliant while inactive. today!
Our Dormant Status Filing Services
At Statutory Steps, we make Dormant Status filing simple, quick, and hassle-free.
Filing of e-Form MSC-1 - Application for Dormant Company Status
We assist in preparing & filing MSC-1, the official application to register your company as Dormant.
Eligibility Check:
- No active business transactions (except essential payments like fees & taxes).
- No pending statutory dues, disputes, or defaults.
- Approval from a majority of directors & shareholders.
Annual Compliance for Dormant Companies (MSC-3 Filing)
Even in dormant mode, compliance is key! We ensure smooth filing of MSC-3, the annual return required for Dormant Companies to stay legally registered.
Revival of Dormant Companies (MSC-4 Filing) - Resume Business Anytime!
Ready to reactivate your company? We help you seamlessly convert back to Active Status by filing MSC-4, ensuring:
- Restoration of full-fledged business operations.
- Updating financial records & compliance filings.
- Reactivation without forming a new company.