Breif
Dormant status allows a company to pause its business operations while remaining legally registered, with minimal compliance requirements.
Overview
A company can apply for dormant status with the ROC if it has no significant accounting transactions and intends to stay registered for future business or to hold assets. The process involves board resolution, preparation of statutory documents, and filing Form MSC-1 with the ROC. Once approved, the company enjoys lower compliance obligations while maintaining its legal existence.
Process
Step 1 - Prepare DSC of the Authorised Director (If not have)
Step 2 - Pass a board resolution approving the application for dormant status.
Step 3 – Prepare all required statutory documents, including affidavit and declaration.
Step 4 – Ensure the company has no pending liabilities or significant transactions.
Step 5 – File Form MSC-1 with the ROC along with necessary documents and fees.
Step 6 – ROC reviews and verifies the submitted application and documents.
Step 7 – Receive the official dormant status certificate from the ROC.
Step 8 – Maintain minimal compliance like filing annual returns while the company is dormant.
Checklist
Details & Documents Required for Getting Dormant Status
1. Company & Resolution Details
- Board resolution approving dormant status
- List of directors with PAN, address, and contact details
Company identification details (CIN, registered office address)
2. Documents from Directors
- PAN of all directors
- Identity proof: Aadhaar, Passport, Driving License, or Voter ID
- Recent passport-size photographs
- Contact details (mobile number and email)
Address proof (utility bill, bank statement, or government-issued document)
3. Other Supporting Documents
- Affidavit by directors confirming no significant accounting transactions
- Declaration of no pending liabilities
- Draft Form MSC-1 for ROC filing
- Previous ROC filings, if required
NOC from creditors or statutory authorities, if applicable
4. Post-Filing Compliance
- Maintain minimal annual compliance
- Keep statutory records updated while dormant
Reactivate company if planning to resume operations
Time Taken
Total Time: Approximately 7–10 working days from the date of receipt of all required documents.
- DSC Verification & Preparation: 1 day
- Drafting Board Resolution & Affidavit/Declaration: 1-2 days
- Online Filing with ROC (Form MSC-1): 1 day
- ROC Verification & Issuance of Dormant Status Certificate: 3 day
Deliverable
The following deliverables are included in the Biz Silver Plan. Deliverables for other packages may vary accordingly:
- Drafted board resolution approving dormant status
- Prepared affidavits and declarations by directors
- Completed Form MSC-1 for ROC filing
- ROC filing acknowledgment and receipt
- Official Dormant Status Certificate from ROC
Guidance on minimal post-approval compliance
Why Choose Us
Bizeneed makes obtaining dormant status fast, simple, and completely hassle-free. Our team of experts handles all ROC filings, board resolutions, affidavits, and statutory documentation accurately, ensuring compliance at every step. With Pan-India support, we complete the process within 7–10 working days and provide end-to-end guidance, including post-approval compliance. Choosing Bizeneed saves time, effort, and avoids costly errors, giving entrepreneurs peace of mind while their company remains legally protected.
FAQs
Dormant status allows a company to pause business operations while remaining legally registered with minimal compliance requirements.
Any company with no significant accounting transactions and no pending liabilities can apply through its board of directors.
It helps maintain legal existence, hold assets/IP, reduce compliance burden, and allows future business flexibility.
Yes, but it may attract penalties for non-filing of annual returns and financial statements.
The company must pass a board resolution, prepare statutory documents, and file Form MSC-1 with the ROC.
Typically, 7–10 working days from receipt of all required documents.
Yes, designated directors must use a Digital Signature Certificate for ROC filing.
Board resolution, affidavits, declarations, director PAN and ID proofs, and Form MSC-1.
Yes, if there are any pending liabilities or statutory obligations.
Yes, all directors must approve the board resolution and sign affidavits/declarations.
Yes, the ROC issues an official Dormant Status Certificate after verification.
Yes, the company can resume business by filing necessary forms and approvals with the ROC.
Yes, minimal filings like annual returns and maintaining statutory records are required while dormant.