Q. How to appoint auditor under section 8 Company?

Auditor under section 8 company is being appointed within 30 days by the board of Directors and no Central Government approval is required.

Q. What is the minimum capital requirement for section 8 company?

There is no minimum capital requirement for Section 8 Company in India. If you are planning to register a section 8 Company, then you don’t need to worry about the capital required.

Q. Is there any CG approval required to Register a Section 8 companies in India?

Yes, to register the section 8 company in India, the central government approval is required. CG approval is applied before company registration. When the government is satisfied that registration is seek for some serious stuff and not for tax planning, then they proceed and grant the registration.

Q. For which purposes the section 8 company can be registered?

Section 8 company can be registered for many social factors like-Education, Poverty, Disease,Blood bank, Environment protection, Other objects for general public utility.

Q. What is IEC Number?

IEC Stands for Import Export Code. No export or import shall be made by any person without an Import Export Code (IEC) number unless specifically exempted.

Q. Is Pan Card is Essential Document?

Yes, having PAN is mandatory.If You are an Individual - Pan Card of Individual, If you are Firm or Company - Pan card of Firm/Company & Pan Card of Director/Partner

Q. How to Apply for IEC?

With Hubco you don't need to worry, just give us the scanned documents and two working days and you have your IEC Number in your hand.

Q. IEC is delivered in Physical format or Digital format?

Nowadays, IEC will only be issued in digital format by the DGFT. No Physical copies are sent to applicant address.

Q. Can 2 IEC be issued against one Pan?

No, only one IEC can be issued in a lifetime against one pan card.

Q. How can I get the Duplicate copy of IEC?

You need to login on DGFT website, and from there you can easily download the copy of the IEC allotted to you.