The impact of COVID-19 has hit the entire world including the major economies like the European Union and the US. The fallout of this will surely have a major impact on the Indian economy. During this crucial COVID-19 phase, it is evident that many business activities have come to a halt in accordance with the added precautionary measures. While this has greatly impacted many industries and our daily lives, we would like to assure you that this pandemic will be tackled better and we will emerge stronger.
While taking care of our family’s health and safety is important to all of us, it is just as important to us at InCorp to take care of your company’s financial health and business interest. We are dedicated to helping you to reassess your business operations with a view to not just survive through these trying times but to seize the opportunity to flourish and also tap into the remedies available as the government unveils more soon.
The Ministry of Corporate Affairs took heed of the problems faced by Companies and LLPs and introduced the Companies Fresh Start Scheme 2020 to provide relief to law-abiding Companies and LLPs in the wake of COVID-19. In case you missed reading our update regarding the same, you can access it here –
COVID-19 – Companies Fresh Start Scheme – FAQs.
The guide below helps companies understand their exposure to COVID-19, how to avail the benefits from the scheme, and more importantly, position their business to be resilient and compliant.