The Main motive behind forming of a section 8 company is to promote science, sports, education, research, social welfare, religion, and environment protection. These organizations do not seek profit but overall development of the society. The section 8 company is described in Companies Act 2013 in the section 8. These are mostly trusts which is registered under the Central Government’s Ministry of Corporate Affairs and these organizations are mostly privileged under the Government. The profits generated here are mostly used in the motive of promotion of their objects. They specially keep the fact of using the funds for personal use. The Section 8 company registration,online procedure is looked after by the legal experts of Kanoonvala.
If you have a dream project of working for the society or the environment and want to form a trust that has the motive of working for the good of the people than you are at the right place. We offer the best solutions for all your queries because we have the best team of legal workers and they only ought to work for the customer’s satisfaction. Kanoonvala helps you to get Section 8 Company registration online by offering a fundamental expert help in regards to consolidation and business administration.
First step: Receiving Documents & Apply DIN & DSC
Second Step: MOA and AOA Drafting electronically in Spice MOA (INC-33) and Spice AOA (INC -34) 3-5 Days
Third Step- Submission of Spice Form INC-32 along with link Form Spice MOA (INC-33) and Spice AOA (INC-34)6 to 9 Days
Fourth Step - Certificate Of Incorporation, PAN & TAN 10 to 12 Days.
QusWhat is DSC?
AnsDSC stands for Digital Signature Certificate (DSC). It is a digital signature a person and it is usually used for filling the e-forms of company.
QusWhat are the criteria to become a director of Section 8 Company?
AnsThere are no special criteria to become the director of the Section 8 Company. It is just that the director should be at least 18 years of age.
QusHow many directors can there be in the Section 8 Company?
AnsThere can be minimum 2 directors in the Section 8 company.
QusWhile incorporation of Section 8 Company is there any need of promoter?
AnsThere is no need of any promoter at the time of incorporation.
QusHow many members can be there for setting up the company?
AnsThere should at least 2 members and the maximum numbers of member can be 200.
QusHow much capital one need in a Section 8 Company?
AnsThe minimum capital needed is 1,00,000 for the Section 8 Company