Small Company - Companies Act, 2013

Legal Compliances
1

What are the conditions of a Small Company?

2

Hey @Anamika_Sharma

According to Companies Act 2013, Small company means the company which satisfies the following conditions:-

  1. It has paid up share capital of not more than 50 lakhs or such higher amount as may be prescribed which shall not be more than 10 crores,
  2. It has annual turnover of not more than 2 crores or such higher amount as may be prescribed which shall not be more than 100 crores.

You can read more about Small Companies here:

Hope this helps!