Options for foreign companies looking to exit India — voluntary winding up, strike off, and restructuring alternatives.
Accountify Editorial Desk
Finance Expert
Sometimes businesses need to exit a market. India offers multiple exit routes, each with different timelines and compliance requirements.
File petition with National Company Law Tribunal. Takes 12-18 months. Must settle all liabilities and get NOC from tax authorities.
Available for companies with no assets/liabilities and no operations for 2+ years. Takes 6-8 months. File STK-2 with ROC.
Sell shares to an Indian buyer or another foreign entity. Subject to FEMA pricing guidelines. Fastest exit route.
All repatriation must comply with FEMA regulations. File FC-TRS for share transfers. Obtain CA certificate for fair value.
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