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Shifting Of Registered Office From One State To Another
The registered office is the official address of a company to which all letters, notices, documents, and reminders are sent by statutory / government authorities, customers, banks etc. Every company incorporated under the Companies Act must mandatorily have its registered office in India.
Often, the registered office of a company is situated where the operations are based and the majority of stakeholders and the Board of Directors reside. Companies may in certain instances want to shift their Registered Office from one state to another. The reasons for shifting the registered office from one state to another state may be as mentioned below:
- To relocate to a place where business opportunities are immense
- For administrative reasons
- Due to a merger or amalgamation between two companies
- For economic cost-benefit
Shifting the registered office of a company from one state to another is a cumbersome process starting from Board and Shareholder approval, approval of Regulatory Authorities viz., Registrar of Companies (Roc) and Regional Director (RD) and intimation to all statutory authorities. Necessary changes have to be made in the official communication documents like letter heads, rubber stamps, common seal etc.
We, at SimplyBiz, offer comprehensive advisory and compliance support under the Companies Act and other establishment-related laws for shifting Registered Office from One State to another. We start with understanding the reasons/objective for shifting of registered office and review the existing compliance status under the Companies Act. We then come up with a detailed action plan with timelines, extend advisory/clarification support from time to time, undertake the preparation of the application and relevant documents, support in issuing advertisements in the newspapers, advising on the requirements of the list of creditor and sending out of notices to them, representing the company before the regulators like Registrar of Companies (RoC), Regional Director (RD) and Reserve Bank of India if required), attending the hearing and obtaining the order etc., We also ensure the intimation of the change of registered office to various statutory authorities relating to TAN, PAN, ESI, EPF, GST, etc.
We have handled several such assignments for unlisted companies in various sectors.
Please reach us at hi@simplybiz.in with your requirements and we shall be happy to help.
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