Expert assistance for closing Private Limited Companies & LLPs legally
Company Closure – Hassle-Free Winding Up of Business Entities
When a business is no longer operational, it is crucial to legally wind up the company or LLP to avoid penalties, compliance burdens, and unnecessary tax obligations. Simply stopping operations does not dissolve a company or LLP—it must be formally closed through MCA-approved procedures.
✅ Complete assistance for company & LLP winding up
✅ Fast & legally compliant closure process
✅ Avoid penalties & future liabilities
✅ 100% online, hassle-free process
At BizSetups, we provide end-to-end company closure services, ensuring that businesses can exit legally and without any future liabilities. Whether you need to wind up a Private Limited Company or an LLP, our 100% online process makes it seamless and stress-free.
Legally dissolve your company or LLP & avoid penalties
Why Choose Our Company Closure Services?
✅ Complete assistance for company & LLP winding up
✅ Fast & legally compliant closure process
✅ Avoid penalties & future liabilities
✅ 100% online, hassle-free process
Shut down a Private Limited or Public Limited Company without liabilities
Winding Up a Company – Legally Dissolve Your Business
Winding up a Private Limited or Public Limited Company requires MCA approval, debt clearance, and shareholder approval. It is important to legally dissolve the company to avoid compliance burdens.
Types of Company Winding Up
✅ Voluntary Winding Up – When shareholders decide to close the company.
✅ Compulsory Winding Up – Ordered by a court due to non-compliance, insolvency, or legal actions.
✅ Fast-Track Exit (FTE) Mode – Simplified closure for companies with no liabilities.
Company Winding Up Process
✅ Step 1: Board & Shareholder Resolution for company closure.
✅ Step 2: Settle outstanding debts, liabilities & tax dues.
✅ Step 3: File STK-2 Form with MCA for company strike-off.
✅ Step 4: MCA reviews & approves company dissolution.
Legally dissolve your LLP & remove compliance liabilities
Winding Up an LLP – Close Your Limited Liability Partnership
An LLP must be formally wound up to stop compliance filings, tax obligations, and annual return filings. Simply stopping business activities does not close an LLP legally.
Types of LLP Winding Up
✅ Voluntary LLP Winding Up – Partners decide to shut down operations.
✅ Compulsory LLP Winding Up – Ordered due to regulatory non-compliance.
✅ Strike-Off Mode for LLPs – Simplified closure for inactive LLPs.
LLP Winding Up Process
✅ Step 1: Partners pass a resolution for LLP closure.
✅ Step 2: Clear outstanding debts & tax liabilities.
✅ Step 3: File LLP Form 24 with MCA for strike-off.
✅ Step 4: MCA processes and approves LLP closure.
Legally compliant & hassle-free winding up services
Why Choose BizSetups for Company Closure?
Shutting down a company or LLP without following the proper legal procedure can result in penalties, compliance burdens, and liability issues. At BizSetups, we ensure a smooth company closure process, handling all legal filings, clearances, and MCA approvals.
✅ 100% Online & Paperless – No office visits required
✅ MCA & Legal Experts – Professional handling of company closures
✅ Quick Processing – Get your company closed within 30-90 working days
✅ Dedicated Support – Personalized assistance for legal closure
Answers to your most common company closure queries
Frequently Asked Questions (FAQ)
How long does it take to wind up a company in India?
Ans: The company winding-up process typically takes 3-6 months, depending on pending liabilities & approvals.
Can I close my company if I have unpaid dues?
Ans: No, before applying for winding up, all outstanding dues, taxes, and liabilities must be cleared.
What happens if I don’t formally wind up my company?
Ans: Companies that fail to file annual compliance reports & taxes continue to accrue penalties, and directors may be disqualified.
Can an LLP be closed if it has no business activity?
Ans: Yes, an LLP with no business activity can be struck off through Form 24, provided there are no outstanding liabilities
What is the difference between voluntary winding up and compulsory winding up?
Ans:
- Voluntary Winding Up – Decided by the shareholders/partners.
- Compulsory Winding Up – Ordered by a court due to legal actions or non-compliance.
→ Get Started with Your Company Closure Today!
Close your company efficiently with expert assistance today!