Friday 8 March 2019

An another step towards ease of business and Make in India – Amendment in incorporation Rules

Ministry of Corporate Affairs vide notification dated 6  March 2019 has amended the Incorporation Rules. The key highlights of this amendment are as follows :

1.  No incorporation fees (ROC fees) on the incorporation of the company if the Authorised capital is up to Rs.15 lakhs. (earlier it was up to Rs. 10 lakhs). It means that ROC fees on e-form INC-32 Spice will be Nil if the authorized capital is up to Rs. 15 lakhs. This amendment is effective from 18 March 2019


2.  In case of shifting of Registered Office from one state to another, a newspaper advertisement is to be given which has wide circulation. (Earlier widest circulation). This is effective from 6 March 2019

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