Business Exit Strategy & Closure Services
Every business has a lifecycle, and at times, the best strategic decision is to wind down operations in an orderly and compliant manner.
We provide end-to-end advisory and execution support to ensure a smooth, hassle-free business exit process.
Business Exit Strategy & Closure Services
Closing a business in India involves complying with multiple legal, financial, and regulatory requirements. We provide complete guidance and execution support to ensure a smooth, compliant, and hassle-free exit.
Our Exit Strategy Services include
Business Closure Advisory
Guidance on choosing the right closure method – voluntary liquidation, strike-off, or transfer of business.
Regulatory Compliance for Closure
Assistance with filing applications under Companies Act, LLP Act, or Partnership laws.
Settlement of Liabilities
Support in clearing statutory dues, employee settlements, and vendor obligations.
Tax & Legal Compliance
Income tax, GST, TDS, and other regulatory filings required before business closure.
ROC Filings & Documentation
Preparation and submission of necessary forms and resolutions with the Registrar of Companies.
FEMA & RBI Compliance
Advisory on repatriation of funds, FEMA closure filings, and RBI reporting for foreign companies.
Voluntary Liquidation Support
End-to-end assistance in appointing liquidators, asset disposal, and final settlement.
Exit for Foreign Companies
Closure of Liaison Office, Branch Office, or Subsidiary with RBI, ROC, and tax authorities.
Business Transfer / Sale Advisory
Strategic advice on selling or transferring business operations to investors or new management.
Why Choose Us?
- One-stop support for all financial, legal, and regulatory aspects of closure
- Compliance-focused approach to avoid future liabilities.
- Experience with foreign and domestic businesses, ensuring seamless exits.
- Confidential, structured, and transparent process from start to finish.
Ways to Close a Business in India
Depending on your business structure, we help you choose the right registration type:
1. Voluntary Strike-Off
• For companies or LLPs that are inactive or have not commenced business.
• Application under Section 248 of Companies Act, 2013.
• Simplified process for entities with no liabilities.
2. Voluntary Winding Up / Liquidation
• Initiated by shareholders/partners when the business is no longer viable.
• Appointment of a liquidator to sell assets, pay off liabilities, and distribute remaining funds.
• Governed by Insolvency & Bankruptcy Code (IBC), 2016.
3. Compulsory Winding Up (by Tribunal)
• Ordered by the National Company Law Tribunal (NCLT).
• Applicable for reasons like fraud, misconduct, or inability to pay debts.
• Involves detailed legal proceedings.
4. Exit Options for Foreign Companies in India
• Liaison Office Closure – Requires RBI & ROC approval, remittance of surplus funds abroad.
• Branch Office Closure – Settlement of liabilities, RBI reporting, and ROC filings.
• Subsidiary Company Closure – Via strike-off, liquidation, or transfer of shares.
5. Partnership / Sole Proprietorship Closure
• Settlement of liabilities and cancellation of tax/GST registrations.
• Voluntary closure through mutual consent.
Our Role in the Closure Process
- Advisory on selecting the right exit route (strike-off, liquidation, or tribunal-led winding up).
- Regulatory filings & documentation with MCA, RBI, Income Tax, and GST authorities.
- Settlement of liabilities with employees, creditors, and statutory departments.
- Repatriation & FEMA compliance for foreign companies.
- End-to-end execution for a smooth business exit.
