SECTION 8 COMPANY REGISTRATION

Section 8 companies are suitable for non-profit organizations. They are similar to Trusts and Associations. As per the law, in case if the proposed Section 8 company is a private limited then minimum two promoters are required and in case of a public limited section 8 company, then a minimum of 7 persons must be the promoters of the company. A Section 8 Company is eligible for certain exemptions from provisions of law and a concessional rate of fees. The process of incorporation of a section 8 companies are similar to that of any other company registration in India with an additional requirement of seeking a prior license from the central government under section 8 of the companies act, 2013.

MYDBIZ is the market leader in Section 8 Company Registration services in India. Before we get started with the engagement, all the required information and documents are collected. An engagement manager would be assigned who will also advice you on the type of registrations to be obtained. The average time required to complete a Section 8 Company Registration is 8-10 working days depending on the government processing time and client document submission. Once the necessary registrations are obtained, an application is also submitted to the bank for current account opening.

For more information, feel free to contact us at info@mydbiz.com or call us at +91 9632 993 993.