Monday 4 July 2016

How to Calculate fee - Authorized Share Capital of the Company


How to Calculate fee - Authorized Share Capital of the Company

Nominal Share capital Other than OPCs and Small Companies
Fixed (A) For every 10,000 or part thereof (B)
Up to 1, 00, 000 5,000 N.A.
More than 1,00,000 up to 5,00,000 For 1,00,000 = 5,000                (+) (X/10,000)*400
More than 5,00,000 up to 10,00,000 For 5,00,000 = 21000               (+) (Y/10,000)*300
More than 10,00,000 up to 50,00,000 For 10,00,000 = 36000             (+) (Z/10,000)*300
More than 50,00,000 up to 1,00,00,000 For 50,00,000 = 1,56,000         (+) (A/10,000)*100
More than 1,00,00,000 For 1,00,00,000 = 2,06,000     (+) (B/10,000)*75
Where,  X =  TOTAL CAPITAL- 1,00,000
Y = TOTAL CAPITAL- 5,00,000
Z = TOTAL CAPITAL- 10,00,000
A = TOTAL CAPITAL- 50,00,000
B = TOTAL CAPITAL- 1,00,00,000
Eg:-
Increase in Authorised Capital From 5,00,000 to 45,00,000  from 20,00,000 to 1,20,00,000 
Cost upto First 10,00,000 36,000 First 1,00,00,000 206,000
For Next 35,00,000 105000 Next 20,00,000 15,000
Total For 45,00,000 141,000 Total for 1,00,00,000 221,000
Less: For 5,00,000 21,000 Less: For 20,00,000 66,000
Concerned Fee 120,000 155,000
 

Ravi Garg

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