Section 8 Microfinance company Registration Service

Listing ID #5128674

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Business Type Service Provider

Preferred Buyer From : All over the world

A section 8 company which earlier was known as section 25 company is a legal form for non profit organizations (NPO) or Non Governmental organizations (NGO). A company status is always highly....

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Service Details

A section 8 company which earlier was known as section 25 company is a legal form for non profit organizations (NPO) or Non Governmental organizations (NGO). A company status is always highly recognized in compare to trust or society, therefore Section 8 Companies have higher credibility among st Government departments, Donors and other stakeholder.
Main features of section “8” Company

Charitable Objects: A section 8 Company has in its objects the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other charitable objects.
Profit for Promotion of objects: Section 8 company will apply its profits (if any) in promoting its objects.
No Dividends: Section 8 Companies are prohibited to declare and/or pay any dividend to its members.

Loan Limits For MFIs

Borrower with a rural household annual income not exceeding Rs. 1,00,000 or urban and semi-urban household income not exceeding Rs. 1,60,000 will be eligible ;
Loan amount will not exceed Rs. 60,000 in the first cycle and Rs. 1,00,000 in subsequent cycles;
Total indebtedness of the borrower will not exceed Rs. 1,00,000
Tenure of the loan not to be less than 24 months for loan amount in excess of Rs. 30,000 with prepayment without penalty;
Loan to be extended without collateral

Micro Finance Section 8 Company Package

45,000
3 DSC
3 DIN
Company Name Reservation
MOA and AOA Drafting
PAN & TAN
Filing Documentation
Incorporation Certificates
Corporate Identification Number (CIN)
Certification Fees
Government Fees
Logo Designing
Letter Head Designing

Company Details

ICOREG Consulting Private Limited feels delighted to present itself as a young and enterprising organization from Delhi (India) that excels in providing advisory services for registrations, licenses, and other corporate kinds of affairs in India. We are recognized as a dependable organization, offering business license services, business registration services, company registration services, income tax filing services, MSME services, NGO registration services, and trademark and copyright registration services. We are an organization full of energy, technical know-how, and the right skill sets to help clients with effective solutions for registration, licensing, taxation, and compliance. We are known for our profession business approach as well as ethical business dealings.

ICOREG Consulting Private Limited is a company that was established in the year 2019, and Mr. Sunny Gupta (Executive Director) laid its foundation stone with an aim to cater to the service industry’s needs with resourcefulness. We bring forth solutions that serve the purpose of many corporate clients as well as individuals.

Why Us
We strive hard for providing maximum satisfaction to our clients by offering the best range of registration, compliance, taxation, licensing and other services as per their precise needs. Below mentioned are the key aspects for which we are highly appreciated in the market:

Years of experience
Attention to detailing
Use of profound knowledge
Affordable service charges
A long list of satisfied clients

Clientele
We have an impressive track record of fulfilling clients’ needs with services that comply with international quality standards. Owing to our professional approach and refined services, we have been able to include some of the prestigious names in our client list.