Companies under Section 8 are ideal for charitable organisations. It’s safe to compare them to associations and trusts. Depending on whether the proposed Section 8 firm is public or private, a minimum of two or seven promoters may be needed. Among the privileges afforded to a Section 8 Company is a reduced rate of fees and the ability to avoid certain legal requirements. Section 8 firms must follow the same steps as any other Indian company to incorporate, with the addition of applying for a central government licence under section 8 of the Companies Act, 2013.
Our fees for forming a Section 8 company
When it comes to Section 8 Company Registration services in India, PROUDFILER is the best option. As a first step in each engagement, we gather the necessary data and documentation. You’ll be paired with an engagement manager who can help you figure out what kind of registrations you need. The typical timeframe for completing a Section 8 Company Registration is 8-10 business days, although this might vary depending on the speed with which the relevant government agencies process the client’s submitted paperwork. After completing the required formalities, an application is made to open a checking account with the bank.
For more information, feel free to contact us at EMAIL: info@proudfiler.com or call us at +91-7275103913.