10/7/2019

Small company and its exemptions under Companies Act, 2013

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Small company is a special status given to companies registered under Indian Companies Act, 2013 due to its scope of business, measured in terms of capital and turnover. The companies enjoying the status of small company enjoy certain benefits in form of exemption from applicability of provisions. To claim the status of the small company, it does not need to register a company in India; rather a company already registered and fulfilling provided conditions is known as a small company.

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Tags: Company Registration / small company and its exemptions / small company registration / business registration / register a company in India

 

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