Section 8 Company Registration

Effortlessly register your Section 8 Company with expert support.

Section 8 Company

Section 8 Company Registration

A Section 8 Company is an organization registered as a Non-Profit Organization (NPO). It aims to promote arts, commerce, charity, education, environmental protection, science, social welfare, sports, research, and religion. All profits or income are reinvested to support these objectives.

It functions like a limited company in terms of rights and obligations, but **cannot use** the words 'Section 8' or 'Limited' in its name.

What Is Included In Our Package?

  • DIN For 2 Partners.
  • Digital Signature For 2 Directors.
  • Name search and Approval.
Section 8 Company

Choose Section 8 Company because

The income of the Company must be used to promote only charitable objects and cannot pay any dividend to the members. The Central Government issues a certificate of incorporation and imposes restrictions and conditions. If these are not fulfilled, the company may be ordered to wind up. In cases of fraud, legal actions are taken against the officers of the company. Section 8 Company Registration can be done through TaxOSmart in Delhi NCR, Mumbai, Bengaluru, Chennai, and other Indian cities.

In India, a non-profit organisation can be created by registering a Society under the Societies Registration Act, registering a Trust, or incorporating a Section 8 Company under the Companies Act, 2013. This corresponds to the old Section 25 under the Companies Act, 1956 — hence the legacy name 'Section 25 Company'.

Documents Required for Section 8 Company Registration

  • Digital Signature Certificate (if you already have it)
  • Director Identification Number (if you already have it)
  • Memorandum of Association
  • Articles of Association
  • ID proof for members: (Aadhar Card, Passport, Voter ID)
  • Address Proof
Public Limited Registration

Advantages Of Section 8 Company Registration

No Minimum Share Capital Requirement

No Stamp Duty

Easy Transfer of Ownership

Clear Objectives for easy donations and loans

Tax Benefits

Easy to Manage

No need to use Section or Limited title

Steps to Incorporate Section 8 Company Registration

Application of DSC & DPIN:

First of all, the partners have to apply for Digitalsignature and DPIN. Digital signature is an online signature used of filing and DPIN refers to Directors PIN number issued by MCA. If the directors already have DSC and DPIN, then this step can be skipped.

Name Approval

You have to provides 3 different name options to MCA of which one will be selected. Names provided should ideally be unique and suggestive of company business.

Approval of other authorities

The Registrar of Companies may require the applicant to furnish the approval or concurrence of any department, regulatory body, appropriate authority, or Ministry of the Central or State Government(s) in relation to the work to be done.

Get Incorporation Certificate

It typically takes 15- 25 days to form a Private limited company and get the incorporation certificate. Incorporation certification is a proof that company has been created. It also includes your CIN number.

MOA & AOA submission

Once the licence is obtained, one needs to draft Memorandum of Association and Articles of Associate. But the object of the company must always be a charitable object. Both MOA and AOA are filed with the MCA with the subscription statement.

Apply for PAN, TAN and Bank account:

Then you need to apply for PAN and TAN. PAN and TAN are received in 7 working days. Post this, you can submit the Incorporation certificate, MOA, AOA and PAN with bank to open your bank account.

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