Keep your company legally alive while reducing compliance costs.
Why It Matters
A company that is not carrying on business operations or has no significant transactions can apply for the status of a Dormant Company with the Registrar of Companies (ROC).
Benefits include:
- Reduced compliance burden - fewer filings and audits compared to active companies
- Preserves corporate identity - company name & legal existence remain protected
- Cost savings - eliminates penalties for non-filing while inactive
- Easy revival - dormant companies can be reactivated whenever business restarts
Without applying for dormant status, inactive companies still need to file annual returns and financial statements, attracting ?100 per day late fee if missed.
Our Services
- Eligibility Check - Verify company's qualification for dormant status (no active transactions, no public deposits, etc.)
- Board & Shareholder Resolutions - Drafting required approvals for dormancy application
- ROC Filing (Form MSC-1) - Application to MCA for obtaining dormant status
- Certification & Approval - Liaising with ROC for Dormant Company Certificate
- Annual Compliance for Dormant Companies - Filing Form MSC-3 (annual return for dormant companies)
- Revival Services - Support for reactivating company (Form MSC-4 & MSC-5) when business resumes
Why Choose FinnovateAI?
- End-to-End Compliance Handling - From eligibility check to ROC approval
- CA + CS-Led Team - Legal accuracy, ensuring no rejection from MCA
- Penalty-Free Transition - Avoids heavy late fees for non-filing
- Cost-Effective - Maintain your corporate entity with minimal annual filings
- Revival Support - Seamless reactivation when business operations restart
Our Process
- Consultation & Eligibility Review - Ensure company qualifies as dormant
- Resolutions & Documentation - Draft board & shareholder approvals
- Filing of Form MSC-1 - Submit application with MCA
- ROC Approval - Issuance of Dormant Company Certificate
- Post-Dormancy Compliance - Filing MSC-3 annually to maintain status
Who Needs It?
- Startups waiting for funding or regulatory approvals
- SMEs not currently active but planning future relaunch
- Companies with unused names/IP that wish to retain corporate status
- Promoter-led entities on hold for restructuring or M&A