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Section 8 Microcredit Company Registration - Muds Management

Muds Services:<br>1. Complete assistance during company formation<br>2. End-to-end assistance in the application with RBI<br>3. Market research and lending model planning<br>4. Compilation of various documents & filing of online application for registration<br>5. Generation of the Business plan and compliance support post-registration<br>https://muds.co.in/section-8-microcredit-company-registration/

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Section 8 Microcredit Company Registration - Muds Management

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  1. SECTION 8MICROCREDIT COMPANY REGISTRATION MUDS Management Pvt. Ltd.

  2. MUDS Services 2 3 4 5 1 End-to-end assistance in application with RBI Generation of the Business plan and compliance support post-registration Complete assistance during company formation Market research and lending model planning Compilation of various documents & filing of online application for registration MUDS Management Pvt. Ltd.

  3. Benefits of Section 8 Company Registration 1 2 Tax Benefits No Minimum Capital Requirement 3 4 No Payment of Stamp Duty Exemptions for Donors 5 6 Credibility Separate Legal Entity MUDS Management Pvt. Ltd.

  4. Documents Required forSection 8 Company Registration MUDS Management Pvt. Ltd. 01 02 03 DINs of directors of the Company. Digital signatures certificates of the Directors. Certificate of company’s name registered with RoC.

  5. Documents Required forSection 8 Company Registration MUDS Management Pvt. Ltd. 04 05 06 Copy of Article of Association. Memorandum of Association. Copy of resolution by company’s board stating its objectives.

  6. Documents Required forSection 8 Company Registration MUDS Management Pvt. Ltd. 07 08 09 Company’s business plan for the next three years. Details of the directors and promoters. Any other relevant documents as required.

  7. Eligibility Criteria forSection 8 Company Registration Different Entities Are Eligible Must Have Business Plan Promoters Must Fulfill Compliances No Remuneration for Administrators An Indian Citizen as Director Use Surplus Donation for Objective Objectives of the Company MUDS Management Pvt. Ltd. 01 07 02 06 03 05 04

  8. Procedure for Section 8 Company Registration Prepare DSC of Directors 01 Choose appropriate name 06 02 Submit Financial Documents Apply to MCA's Regional Director 05 03 Submit necessary documents 04 Application on MCA Portal MUDS Management Pvt. Ltd.

  9. Compliances to be Followed Section 8 Company 01 02 03 04 The company must conduct at least two board meeting per year. Preparation of annual financial statements of the company. Annual maintenance of book of accounts. Mandatory audit of financial accounts and statements of the company.

  10. Compliances to be Followed Section 8 Company 05 06 07 08 Income tax return filing for non-exempted income. Filing financial statement in AOC 4 form. An annual return must be filed with other e-filing forms. Additional compliances to be fulfilled if the company is registered under Section 12A and 80G.

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