Small company - urgent
This query is : Resolved
16 April 2015
I am incorporating company having paidup capital of 30 lakhs only. under small companies registration and paid the MOA fees for small company. subsequently my turn over has crossed 2 crores and my company was not considered as small company. in this case, whether i have to pay the additional MOA fees applicable to normal companies. if yes, what is the procedure to pay that excess fees.
20 April 2015
No, you do not need to pay additional fees because while incorporation, it was small company. By virtue of change in turnover, it became non-small company. Hence you do not need to pay it now.
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