Company Compliance · Panaji, Goa
Obtain dormant company status in Goa under Section 455 — filing Form MSC-1 to have an inactive company declared dormant, and the annual MSC-3 to maintain it — cutting your compliance burden while keeping the company alive for future use.
Overview
If a company is not carrying on business — perhaps formed for a future project, holding an asset, or simply between ventures — it can apply for dormant status under Section 455 rather than be wound up. A dormant company keeps its existence and name but enjoys a much lighter compliance regime.
Status is obtained by filing Form MSC-1 after a board and members' resolution, and maintained by filing an annual return in Form MSC-3. It is ideal when you want to preserve the company for later revival. We obtain and maintain the status, and can later restore it to active, as an alternative to winding up.
What's covered
Preserve the company, cut the compliance.
Get a fixed-fee quote →Confirming the company qualifies as dormant.
Passing the board and members' resolutions.
Applying for dormant status in Form MSC-1.
Filing the annual return to maintain dormant status.
Restoring the company to active status when needed.
Weighing dormancy against strike-off.
Our process
We confirm the company can be dormant.
We pass resolutions and file MSC-1.
We secure the dormant status.
We file the annual MSC-3.
Frequently asked questions
Dormant status, under Section 455, is a recognised inactive status for a company that is not carrying on business or has no significant accounting transactions. A dormant company retains its legal existence and name but is subject to a much lighter compliance regime.
Dormant status suits a company you want to preserve — for a future project, to hold a name or asset, or between ventures — without the full compliance cost of an active company or the finality of winding up. It keeps the company readily available to revive.
The company passes a board and members' resolution and files an application in Form MSC-1 with the ROC. Once granted, the company is entered on the register of dormant companies. We handle the resolutions and the MSC-1 filing.
A dormant company must file an annual return in Form MSC-3 to retain its status, and observe minimum requirements such as holding the required board meetings. The burden is far lighter than for an active company, and we maintain it for you.
Yes. A dormant company can be restored to active status by filing the prescribed application when it is ready to resume business. This flexibility is a key advantage of dormancy over strike-off, and we handle the reactivation.
A company can remain dormant for a number of years as permitted, provided it files its annual MSC-3 and meets the conditions, after which it must either become active or face removal. We track this and advise as the period progresses.
Book a free consultation and share your company's situation. We confirm eligibility, file MSC-1 and maintain the status with MSC-3, on a transparent fee.
Related services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll obtain and maintain your company's dormant status — no obligation.