MCA1 min read
Small Company
A company other than a public company whose paid-up capital does not exceed ₹4 crore and turnover does not exceed ₹40 crore under Section 2(85) of Companies Act 2013. Small companies enjoy various relaxations in compliance requirements.
Last updated: 17 May 2026
Frequently Asked Questions (FAQs)🔗
Q1. What is Small Company in Indian corporate law?▼
A company other than a public company whose paid-up capital does not exceed ₹4 crore and turnover does not exceed ₹40 crore under Section 2(85) of Companies Act 2013. Small companies enjoy various relaxations in compliance requirements.
Q2. Why is Small Company important for compliance?▼
Small Company is governed by the Ministry of Corporate Affairs under the Companies Act, 2013. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.
Q3. Who should know about Small Company?▼
Small Company is relevant for company secretaries, compliance officers, chartered accountants, corporate lawyers, board members, and all professionals dealing with MCA regulatory matters in India.
Contextual Analysis & Regulatory Updates🔗
Read our latest analysis and critical updates on corporate circulars related to MCA:
Form MGT-7 and MGT-7A: The Complete Annual Return Guide — Due Dates, Filing Process on MCA V3, Fees, Penalties and 2026 Updates
Published: 16 September 2026
Corporate Laws (Amendment) Bill, 2026 — Complete Analysis of Companies Act & LLP Changes
Published: 5 May 2026
MCA Advisory: Beware of High-Return Promises by Non-Compliant Nidhi Companies (September 2026)
Published: 25 September 2026