OSBS Accounting Solutions Private Limited

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close company and llp

Close Company and LLP

Simplify Business Closure with OSBS Accounting Solutions Private Limited

Closing a company or LLP is a legal process that involves settling liabilities, complying with regulatory requirements, and applying for formal strike-off from the Registrar of Companies (ROC). Whether due to inactivity, strategic restructuring, or business challenges, closing the entity properly is essential to avoid future liabilities or penalties.

At OSBS Accounting Solutions Private Limited, we offer professional assistance to help you close your company or LLP in a legally compliant, smooth, and timely manner.

When to Close a Company or LLP

  • Business has become inactive or non-operational

  • Company or LLP has no assets or liabilities

  • Strategic decision to wind up due to restructuring

  • Avoid continued compliance and maintenance costs

  • Closure due to merger, acquisition, or internal decisions

Key Methods of Closure

Strike-Off under Fast Track Exit Scheme (FTE): For companies or LLPs that are inactive and meet eligibility criteria.
Voluntary Winding Up: Applicable in cases with outstanding assets/liabilities to be settled.
ROC Filing: Filing relevant forms like STK-2 for companies or Form 24 for LLPs with the Registrar.
Clearances: Obtaining no-objection from relevant departments, if required.
Final Dissolution: Receiving confirmation of strike-off from the ROC.

Why is Proper Closure Important?

Avoid Future Liabilities: Prevents penalties, fines, or legal action from authorities.
Maintain Clean Compliance Record: Ensures better prospects for future ventures.
Relieves Operational Burden: Frees promoters from ongoing compliance obligations.
Clear ROC Status: Official closure avoids your company/LLP being shown as "active non-filing."

How OSBS Helps with Company or LLP Closure

Eligibility Check: Assessing whether your company or LLP qualifies for strike-off.
Complete Documentation: Drafting board resolutions, affidavits, indemnities, and closure applications.
Filing ROC Forms: Submitting STK-2 (for company) or Form 24 (for LLP) accurately and on time.
Legal Advice: Guidance throughout the closure process for a seamless experience.
Follow-up Support: Ensuring completion and acknowledgment of closure from authorities.

Why Choose OSBS for Closure Services?

Experienced Team: Experts in ROC, LLP, and company closure procedures.
End-to-End Handling: We manage all paperwork, filing, and compliance.
Timely Execution: Fast processing and closure without unnecessary delays.
Transparent Process: Clear guidance and communication at every step.

Close with Confidence – Trust OSBS for Legal and Hassle-Free Company or LLP Closure
Choose OSBS Accounting Solutions Private Limited to ensure your business closure is complete, compliant, and stress-free.