How much time does it take to a Section 8 company registration online?
How much time does it take to a Section 8 company registration online? Registering a Section 8 company online, also known as a not-for-profit company, involves several steps that can vary in duration depending on various factors. Section 8 companies are formed primarily for promoting art, science, commerce, social welfare, religion, charity, etc., without the intent to earn profits. The process for Section 8 company registration online in India is governed by the Companies Act, 2013, and administered by the Ministry of Corporate Affairs (MCA). Understanding Section 8 Companies Section 8 companies are characterized by their nonprofit objectives. They utilize their profits, if any, solely towards promoting their objectives and do not distribute dividends to their members. These companies must be registered under Section 8 of the Companies Act, 2013, and need to adhere to specific compliance requirements set forth by the MCA. Steps Involved in Section 8 Company Registration Online 1. Obt...