{"id":8299,"date":"2020-04-02T11:04:19","date_gmt":"2020-04-02T11:04:19","guid":{"rendered":"https:\/\/www.octagona.com\/?p=8299"},"modified":"2022-11-28T10:08:21","modified_gmt":"2022-11-28T10:08:21","slug":"india-and-companies-companies-fresh-start-scheme-2020","status":"publish","type":"post","link":"https:\/\/octagona.com\/en\/india-e-aziende-companies-fresh-start-scheme-2020\/","title":{"rendered":"INDIA and COMPANIES : \u2018\u2019COMPANIES FRESH START SCHEME 2020\u2019\u2019"},"content":{"rendered":"

INTRODUCTION<\/strong><\/p>\r\n\r\n\r\n\r\n

In view of the Covid-19 pandemic and with the aim of providing companies with a unique opportunity, the Indian Ministry of Corporate AffairsMCA<\/strong>) unveiled on March 30, 2020, a new plan called Companies Fresh Start Scheme 2020 (CFSS-2020<\/em>)<\/strong> regarding delays in the submission of corporate documentation and to authorize any non-compliance in registrations, regardless of duration, in order to create a true \u201cnew beginning\u201d as a fully compliant entity.<\/p>\r\n\r\n\r\n\r\n

KEY POINTS OF THE \u2018FRESH START SCHEME 2020\u2019<\/strong><\/p>\r\n\r\n\r\n\r\n

The new regulation came into effect on April 1st and will remain in effect until September 30, 2020.<\/p>\r\n\r\n\r\n\r\n

The Fresh Start Scheme guarantees l’immunit\u00e0<\/strong> to companies with regard to the deposit of additional taxes and to criminal actions or proceedings for any delays associated with the late filing of documents. It also ensures the reduction of compliance<\/em> During this unprecedented period caused by COVID-19.<\/p>\r\n\r\n\r\n\r\n

Companies can file all pending payments, declarations, or documents with the Registrar of Companies (RoC) at no additional cost<\/strong>, regardless of the due date. This means that any defaulting company must pay the normal prescribed taxes for each return filed late, but no additional fees will be due.<\/p>\r\n\r\n\r\n\r\n

Questa immunit\u00e0 non sar\u00e0 concessa per le successive violazioni della legge. Ci\u00f2 significa che il vantaggio nell’ambito di questo regime pu\u00f2 essere utilizzato per gli inadempimenti dalle Societ\u00e0 preesistenti alla data del 31 marzo 2020 ma non forniscono immunit\u00e0 per gli inadempimenti emersi successivamente, vale a dire dal 1\u00b0 Aprile 2020 in poi.<\/p>\r\n\r\n\r\n\r\n

COME USUFRUIRE DEI VANTAGGI NELL’AMBITO DI QUESTO REGIME:<\/strong><\/p>\r\n\r\n\r\n\r\n

Requests for immunity under the CFSS-2020 regime can be submitted electronically by completing the relevant e-Form CFSS-2020. Consequently, the scheme requires businesses to default to writing off all outstanding documents up to September 30, 2020.<\/p>\r\n\r\n\r\n\r\n

Subsequently, companies will have to submit the electronic form. CFSS-2020<\/strong> Within 6 months after the end of the Plan<\/em><\/strong> CFSS-2020, quindi entro il 31 Marzo 2021. L\u2019organo competente, all\u2019atto di deposito, provveder\u00e0 al rilascio di un \u2018\u2019Certificato di Immunit\u00e0\u2019\u2019 per i documenti depositati. L’immunit\u00e0 ai sensi del regime CFSS-2020 non \u00e8 per\u00f2 applicabile ad alcuni casi specifici.<\/p>\r\n\r\n\r\n\r\n

NON-APPLICABILITY OF THE REGIME<\/strong><\/p>\r\n\r\n\r\n\r\n

The CFSS-2020 scheme<\/strong> not applicable in the following cases<\/strong>:<\/p>\r\n\r\n\r\n\r\n

To increase the authorized share capital and all related expense forms.<\/p>\r\n\r\n\r\n\r\n

For companies that have applied for deregistration from the business register.<\/p>\r\n\r\n\r\n\r\n

For companies that have applied for \u201cdormant company\u201d status. Any inactive company will be allowed to continue to remain on the Ministry's register (MCA) if minimum compliance requirements are met.<\/p>\r\n\r\n\r\n\r\n

Per le societ\u00e0 nei cui confronti sia stata avviata un’azione di scioglimento.<\/p>\r\n\r\n\r\n\r\n

For companies that have merged through a scheme of arrangement or compromise under the law.<\/p>\r\n\r\n\r\n\r\n

For \u201cshell\u201d companies.<\/p>\r\n\r\n\r\n\r\n

IMPORTANT NOTE:
Upon the conclusion of the CFSS-2020 plan, the competent authorities will take the necessary actions in accordance with their respective legal provisions against all companies that continue to be non-compliant with the submission of documents and have not availed themselves of the extraordinary regime of the CFSS-2020 plan.<\/p>\r\n\r\n\r\n\r\n

Vi ricordiamo che la Task Force di Octagona in veste di Knowledge Partner dell’Ambasciata Indiana \u00e8 disponibile per fornire supporto gratuito, informazioni dettagliate e consulenza a tutte le aziende italiane che dovessero averne necessit\u00e0.<\/strong><\/p>\r\n\r\n\r\n\r\n

Regarding this matter, you can contact:<\/p>\r\n\r\n\r\n\r\n

Alexander Fichera<\/strong> | a.fichera@octagona.com<\/em> | +39.328.2123458<\/strong>
Monica Sessi<\/strong> | m.sessi@octagona.com<\/em> | +39.340.3422473<\/strong>
Brando Bruschi<\/strong> | b.bruschi@octagona.com<\/em> | +39.348.9653664<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

INTRODUZIONE In vista della pandemia di Covid-19 ed allo scopo di fornire alle aziende un\u2019opportunit\u00e0 unica nel suo genere, il Ministero del Corporate Affairs indiano (MCA) ha presentato il 30 Marzo 2020 un nuovo piano denominato Companies Fresh Start Scheme 2020 (CFSS-2020) riguardante i ritardi nella presentazione della modulistica societaria e per autorizzare qualsiasi inadempimento […]<\/p>\n

Read More…<\/a><\/p>\n","protected":false},"author":3,"featured_media":11434,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-8299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internazionalizzazione-imprese"],"acf":[],"yoast_head":"\nIndia e Aziende:" companies fresh start scheme" | Octagona Srl<\/title>\n<meta name=\"description\" content=\"India - disposizioni piano straordinario covid19 aziende internazionalizzazione tasse aiuti regolarizzazione CONSULENZA aziende italiane\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/octagona.com\/en\/india-and-companies-companies-fresh-start-scheme-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India e Aziende:" companies fresh start scheme" | Octagona Srl\" \/>\n<meta property=\"og:description\" content=\"India - 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