|Company Name Search||Free|
|Consultancy on Registration and Name Availability||Free|
|2 DSC's||Rs 2000|
|Government Fees||Rs 8100|
|Documents Notarization Cost||Rs 500|
|PAN and TAN Fees||Rs 170|
|Professional Fees||Rs 10787|
|Goods & Service Tax||Rs 1942|
|Total Cost||Rs 24,999|
Section 8 Company is a non-profit organisation with the object to promote commerce, art, science, sports, education, research, social welfare, religion, charity, protection of the environment or any such other object. The profit can only be applied for the promotion of object of the company.
A minimum of 2 and a maximum of 200 directors are required to incorporate a Section 8 company.
Yes, any company who is already in existence can obtain the status of Section 8 Company by following the same procedure by some additional documentation.
Any individual above the age of 18 years or a company or an NRI can become the member of Section 8 Company.