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ADVANTAGES OF CLOSING COMPANY UNDER FAST TRACK

Avoid Compliance

Fast track exit used can be used close a company that is not active and avoid compliance responsibilities.


Avoid Fines

A company that doesn't file its compliance on time incurs fines and penalty including debarment of the Directors from starting another Company.
Hence, it is better to officially wind up a company that is inactive and avoid potential fines or liabilities in the future.

• Low Cost

• Easy to Close

• Fast to Close

• Avoid court processes

• Legal action is halted

• Outstanding debts are written off

• Protection from Personal Liabilities to directors

SIMPLE & TRANSPARENT PRICING

"If you are not satisfied for any reason, we will refund your money minus the Government fees.
No questions asked"

Business Package


All inclusive fees

Wind up a company under Fast Track Exit Mode with only two Directors and no transactions since incorporation.

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Executive Package


All inclusive fees

Wind up a company under Fast Track Exit Mode with up to four Directors and transactions of less than Rs.10 lakhs.

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Premium Package


All inclusive fees

Wind up a company under Fast Track Exit Mode with up to four Directors and transactions of less than Rs.50 lakhs.

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WHY CHOOSE Venture Care?

  • 24/7 Support
  • SAME DAY FILING
  • MONEY BACK GUARANTEE
  • FREE EXPERT CONSULTANCY
  • ALL INDIA ONLINE SERVICE
  • GET A CALL BACK IN 30 MINS
  • COMPLETE ONLINE ASSISTANCE
  • ONE-STOP SOLUTION FOR ALL YOUR BUSINESS NEEDS
  • FAQs

    • What is Fast Track Exit mode in case of company/OPC?

      Fast Track Exit mode is an easy mode of closing non-operating companies at a cheaper cost with lesser formalities under section 560.

    • Which Companies can apply under fast track exit mode?

      Not carrying over any business activity or operation:
      • Since incorporation or is not carrying over any business activity or operation for last one year before making application.
      • Having Nil assets & liability.
      • Which has ‘active’ status or identified as the ‘dormant’ Company by the Ministry.

    • Which Companies cannot apply under fast track exit mode?

      1. Section 25/8 Companies
      2. Company having secured loan
      3. Company having management dispute
      4. Companies not having active / dormant status on MCA portal
      5. Company having dues of Income tax / sales tax / central excise / banks / financial institutions / CG / SG / other local authorities

    • Which documents are required to be attached to the e-form FTE?

      1. Statement of Accounts
      2. Copy of Board Resolution
      3. Indemnity Bond
      4. Affidavit duly notarizes and signed

    • What is the effective date of closure of Company?

      The Applicant Company under fast track exit mode shall stand dissolved from the date of publication of the notice in Official Gazette.

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