Business Closure Services
Winding down? Close your company, LLP or firm the correct legal way — avoiding future penalties, notices or unresolved liabilities.
Starting at ₹5,999*What Is Business Closure?
Simply ceasing operations does not end a company, LLP or firm's legal existence or its compliance obligations — annual filings and penalties keep accruing until the entity is formally closed. A company with no assets, liabilities or business activity can apply for voluntary strike-off using Form STK-2 under the Companies Act, 2013. An LLP is closed through Form 24 under the LLP Act, 2008, generally a simpler process. A partnership firm is closed by executing a dissolution deed among partners and closing associated registrations. In every case, pending returns, GST registration cancellation, and outstanding tax dues typically need to be cleared first, since the Registrar requires an updated compliance record before approving closure.
Who Should Use This Service
Companies with no ongoing operations and no assets or liabilities, eligible for strike-off.
LLPs no longer conducting business that want to formally wind up.
Partnership firms being dissolved by mutual consent of the partners.
Anyone who stopped operating informally and now wants to formally close and stop accruing penalties.
What's Included
Company Strike-Off (STK-2)
Voluntary closure for companies with no outstanding liabilities.
LLP Closure
Winding up an LLP through the appropriate MCA form.
Partnership Dissolution
Dissolution deed and closure of registrations for partnership firms.
Final Compliance Clearance
Pending returns, GST cancellation and tax dues cleared before closure.
Documents Required
Board/partner resolution — approving the closure.
Statement of accounts — showing nil assets and liabilities, certified where required.
Indemnity bond and affidavit — from directors/partners, as prescribed for strike-off.
Proof of pending returns filed — and GST/tax dues cleared.
How It Works
Eligibility Check
We confirm your entity qualifies for voluntary closure.
Clear Pending Compliance
Outstanding returns, dues and registrations are settled.
Closure Filing
The relevant strike-off/dissolution form is filed.
Confirmation
You receive confirmation once the entity is officially closed.
Timeline
Company strike-off typically takes 3–6 months from filing, depending on ROC processing time, the public notice period, and any objections raised. LLP closure and partnership dissolution are generally faster, often completed within 2–4 months once pending compliance is cleared.
Related Services
Common Mistakes to Avoid
Attempting a strike-off application while statutory dues, litigation or pending assessments remain unresolved.
Not completing all pending ROC annual filings before applying for closure — outstanding filings block the application.
Forgetting to intimate GST and income tax authorities separately after the entity is closed.
Leaving creditor and employee settlement documentation incomplete, which can surface as a liability later.
Frequently Asked Questions
Can I close a company with pending compliance?
Pending returns and dues generally need to be cleared or regularised before a strike-off application on Form STK-2 can be filed, since the ROC requires an updated compliance record.
How long does company closure take?
Typically 3–6 months from filing, depending on ROC processing time, the public notice period, and whether any objections are raised during that window.
What happens if I just stop operating without formally closing?
Your entity remains legally liable for ongoing annual compliance and penalties keep accruing — including director disqualification risk — until it is formally closed through the appropriate process.
What is Form STK-2?
Form STK-2 is the application for voluntary removal of a company's name from the Register of Companies, available to companies with no assets, liabilities or ongoing business operations.
How is LLP closure different from company closure?
LLP closure is filed through Form 24 with the ROC and generally has a simpler compliance clearance process than a company strike-off, though both require settling pending returns and dues first.
How long does company strike-off take?
A voluntary strike-off (Fast Track Exit) typically takes 4-6 months from application to the RoC's final notification, depending on how quickly objections, if any, are cleared.
What happens to pending liabilities after closure?
Directors and partners can remain personally liable for any debts or liabilities that existed before closure but weren't disclosed or settled during the process, so a clean closure requires settling all known dues first.