Company registration : Rental agreement or NOC?
This query is : Resolved
28 November 2024
If the office of the proposed company is owned by a director, and no rent is to be received, is rental agreement mandatory for company registration? Or NOC is enough?
If NOC is enough, should the property be mentioned as 'owned' instead of 'hired/rented' in Agile pro?
If NOC is enough, should the property be mentioned as 'owned' instead of 'hired/rented' in Agile pro?
28 November 2024
For company registration where the office is owned by a director and no rent is charged, obtaining an NOC along with proof of ownership should generally meet regulatory requirements.
Owner of the property being director, it is not owned by company; so select 'hired/rented'.
Owner of the property being director, it is not owned by company; so select 'hired/rented'.
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