Can I apply for a company name online?
Yes, you can use the RUN service at the MCA portal to reserve company names online.
Yes, you can use the RUN service at the MCA portal to reserve company names online.
The section 8 company must have at least two shareholders/directors. Note: Every company must have at least one director who spends at least 180 days in India during the financial year.
What is the minimum capital required at the time of registration?
There is no minimum paid-up capital required to register a section 8 company.
Should I be physically present at the time of the registration process?
No, all processes are online. You have to share required documents and details for company registration process.
How many days does it take to register a company?
With the assistance of Knap Advisory, you may obtain business approval in as little as 5 days from the date of name approval.
What is the cost required to run a Section 8 Company?
It is totally dependent on the scale of business. Get connected to our expert team 93119-72982 or 95994-06069.
Can a NRIs or Foreigner be the director of the company?
Yes, a foreigner or NRI can become a director of a section 8 corporation. They must obtain DIN from Indian ROC.
Can I register a Section 8 Company on my home address?
Yes, you can register your business with a home address. You must submit a NOC.
Can I register my family member as a director of the company?
Yes, under the Companies Act of 2013, you can appoint a family member as a director or partner
Who can be director of the Company?
Anyone above the age of 18 can become a company's director.
Can I become both director and shareholder in my company?
Yes, you can be a director as well as a shareholder in your firm.
What are the factors considered while choosing the company name?
There are three factors considered while applying for a company name—
● Name should not be matched with the existing one.
● Name should not be registered as a trademark.
● It should not be prohibited under Emblems and Names act.
How many persons can become directors of the Company?
A maximum of 15 directors can be selected as directors. In an exception, you can appoint more than 15 directors if 3/4 of the shareholders agree.
What do you mean by DIN and DSC?
Directors Identification Number (DIN) is a unique 8-digit number assigned by the central government to the directors of the companies.
Digital Signature Certificates (DSC) are a computerized format of one's identity to access services or information and to sign documents digitally.
What is Authorised Capital of the company?
Maximum amount of shares a company can issue. It is advised not to keep needless high authorised capital in your company as it can be changed in future.
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