What’s the cost of ROC Compliance Sec 8 NPO
— Mithun
What’s the cost of ROC Compliance Sec 8 NPO
— Mithun
The ROC costs for a Section 8 company vary significantly based on the consultant’s expertise, the city of operation, and the entity’s functional complexity. Based on my experience with small-scale firms, you can expect the following averages:
Incorporation: Approximately ₹30,000 (one-time setup).
Annual Compliance: Ranges between ₹20,000 and ₹30,000 (including audit and filings).
Regional Variation: Location plays a major role; for instance, consulting fees in Ahmedabad tend to be much more competitive compared to hubs like Bangalore.
How much cost Sec 8 company strick off. ROC updated
For voluntary strike off of name from ROC, the official fee for Form STK-2 is Rs.10,000/-. Necessary procedural compliances for removal of names will have to be fulfilled. Other costs like dues for overdue filings, professional support etc will be extra.
CS Sharad Bhargava
| Component | Estimated Cost (INR) | Notes |
|---|---|---|
| 1. Government Fees | ₹15,000 - ₹25,000 | |
| Form STK-2 | ₹10,000 | Fixed statutory fee for strike-off application. |
| Form INC-18 | ₹2,000 - ₹5,000+ | Fee for RD application; varies based on authorized capital. |
| Form MGT-14/INC-20 | ₹300 - ₹600 each | Filing fees for resolutions and orders. |
| 2. Professional Fees | ₹40,000 - ₹80,000+ | Varies by firm/city (e.g., Bengaluru rates). |
| Conversion Services | ₹25,000 - ₹50,000 | Includes drafting Explanatory Statements, Valuation Reports, and RD liaison. |
| Strike Off Services | ₹10,000 - ₹20,000 | For drafting Indemnity Bonds (STK-3), Affidavits (STK-4), and STK-2 filing. |
| 3. Incidental Costs | ₹10,000 - ₹45,000 | |
| Newspaper Ads | ₹5,000 - ₹40,000 | Mandatory for Phase I. Costs depend heavily on the choice of newspaper (e.g., Times of India vs. local dailies). |
| Stamp Duty/Notary | ₹2,000 - ₹3,000 | For Affidavits and Indemnity Bonds (rates vary by state). |
| TOTAL ESTIMATE | ₹65,000 - ₹1,50,000 | Total “Out of Pocket” Expense |
You should also consider regular compliance cost for 2 years of inactive criteria if you are starting the process now.