Stay Home! Renew your compliance packages!

Last Updated at: April 08, 2020
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Stay Home! Renew your compliance packages!

As a valued user, we care for you and advise you to stay safe, stay healthy! Meanwhile, we would like to draw your attention towards a constructive scheme of the government. Enjoy a one-time waiver of additional filing fees for all delayed filings up to 30th September 2020. Thanks to Companies Fresh Start Scheme 2020 and revised LLP Settlement Scheme 2020!

We, Indians are firmly behind the Government, during this unprecedented lockdown. It seems the ‘fight’ will continue for a little longer than expected but we believe, the ‘victory’ is not too far away from us! 

Amidst all these, the entire business community is going through a roller-coaster ride, to say the least!  Nevertheless, the Government of India has initiated quite a few relief measures to assist troubled businesses and to keep them up and running. 

Get Annual compliances 

Scheme for law-abiding companies and LLPs

In one such recent measure, the Ministry of Corporate Affairs (MCA) has initiated Companies Fresh Start Scheme 2020 and revised LLP Settlement Scheme 2020 to help law-abiding companies and LLPs like you. These schemes offer an opportunity for these companies to make a fresh start and clear their defaults related to statutory filings. This is an initiative from the MCA to incentivize compliance and reduce the compliance burden of companies, in this ‘test of time’.

Waiver till 30th September 2020

Companies availing these schemes will be entitled to get a one-time waiver of additional filing fees for all delayed filings up to 30th September 2020. This will cover all filings in respect of any return, statement, document and so on, needed for complying with the MCA 21 registry. 

We suggest you renew your compliance packages

This new directive will be a big relief for existing LLPs and companies as they will be able to reduce their financial burden. This will also benefit the LLPs and companies who remained non-compliant for long – as they will not have to pay any additional fees against delayed filings, irrespective of the due dates.  

It’s Right Time for Compliance Filing

We believe you can only gain in this troubled time, by staying on the right side of regulations and staying away from long-standing defaults. It’s the perfect time for you to make the best use of these compliance incentives provided by the Government. 

As a valued user of Vakilsearch, you must have seen the efforts we make to keep your business remain fully compliant with regulations. We would like to continue our association and help you out while you fulfil your mandatory compliances. Just stay safe, stay indoors and hand over all your ‘compliance worries’ to our experienced team members. However, we will do all the due diligence to make the best use of this ‘breather’ and will make sure that you stay immune from penal provisions.  

 

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Stay Home! Renew your compliance packages!

734

As a valued user, we care for you and advise you to stay safe, stay healthy! Meanwhile, we would like to draw your attention towards a constructive scheme of the government. Enjoy a one-time waiver of additional filing fees for all delayed filings up to 30th September 2020. Thanks to Companies Fresh Start Scheme 2020 and revised LLP Settlement Scheme 2020!

We, Indians are firmly behind the Government, during this unprecedented lockdown. It seems the ‘fight’ will continue for a little longer than expected but we believe, the ‘victory’ is not too far away from us! 

Amidst all these, the entire business community is going through a roller-coaster ride, to say the least!  Nevertheless, the Government of India has initiated quite a few relief measures to assist troubled businesses and to keep them up and running. 

Get Annual compliances 

Scheme for law-abiding companies and LLPs

In one such recent measure, the Ministry of Corporate Affairs (MCA) has initiated Companies Fresh Start Scheme 2020 and revised LLP Settlement Scheme 2020 to help law-abiding companies and LLPs like you. These schemes offer an opportunity for these companies to make a fresh start and clear their defaults related to statutory filings. This is an initiative from the MCA to incentivize compliance and reduce the compliance burden of companies, in this ‘test of time’.

Waiver till 30th September 2020

Companies availing these schemes will be entitled to get a one-time waiver of additional filing fees for all delayed filings up to 30th September 2020. This will cover all filings in respect of any return, statement, document and so on, needed for complying with the MCA 21 registry. 

We suggest you renew your compliance packages

This new directive will be a big relief for existing LLPs and companies as they will be able to reduce their financial burden. This will also benefit the LLPs and companies who remained non-compliant for long – as they will not have to pay any additional fees against delayed filings, irrespective of the due dates.  

It’s Right Time for Compliance Filing

We believe you can only gain in this troubled time, by staying on the right side of regulations and staying away from long-standing defaults. It’s the perfect time for you to make the best use of these compliance incentives provided by the Government. 

As a valued user of Vakilsearch, you must have seen the efforts we make to keep your business remain fully compliant with regulations. We would like to continue our association and help you out while you fulfil your mandatory compliances. Just stay safe, stay indoors and hand over all your ‘compliance worries’ to our experienced team members. However, we will do all the due diligence to make the best use of this ‘breather’ and will make sure that you stay immune from penal provisions.  

 

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Senior Executive - Content in Vakilsearch | Former TEDxSKCET Licensee | Content Marketing | Psychology | Engineering (IT) | Google Developers Group (GDG) co-organizer | WTM Ambassador