WHY CHOOSE US FOR SECTION 8 COMPANY REGISTRATION?
Expertise: we
take pride in being pioneers of swift and efficient section 8 company
registration processing. our dedicated team has a proven track record of
delivering results within 6 hours, saving you time and eliminating unnecessary
delays.
Professional
Prowess: we’re not just experts our team’s comprehensive knowledge
of section 8 company registration regulations and meticulous attention to
detail guarantee accurate and precise submissions every time.
seamless
process: with us, the journey towards section 8 company registration
compliance is hassle-free. our simplified steps ensure that you can focus on
your culinary creativity while we handle the paperwork intricacies on your
behalf.
Document
Delivery: no more waiting! once your registration is complete, we promptly
deliver your section 8 company registration certificate documents
directly to your inbox.
SECTION 8 COMPANY REGISTRATION INTRODUCTION
A Section 8
Company is a type of non-profit organization in India that is registered
under Section 8 of the Companies Act, 2013. The primary purpose of a Section 8
Company is to promote social objectives, such as education, art, science,
charity, religion, and any other useful purpose.
BENEFIT OF SECTION 8 COMPANY REGISTRATION
1. Limited Liability
2. Tax Benefits
3. Credibility and
Trust
4. No Minimum Capital
Requirement
5. Ability to Raise
Funds
6. Legal Recognition
7. Flexibility in
Operations
8. Ability to Issue
Debentures
9. Perpetual
Succession
10. Professional
Management
WHO CAN OBTAINED SECTION 8 COMPANY REGISTRATION?
Any person or an
association of persons intending to register a limited liability company for
objects specified below can opt to apply for registration of Section 8
Company. (c) the company intends to prohibit the payment of any dividend to its
members.
SECTION 8 COMPANY REGISTRATION PROCESS
· The
registration process for a Section 8 Company in India involves several steps to
ensure compliance with the Companies Act, 2013. Here’s a detailed breakdown of
the process:
· Obtain
Digital Signature Certificate (DSC)
· Obtain
Director Identification Number (DIN)
· Name
Reservation
· Draft
Memorandum and Articles of Association (MoA & AoA)
· Apply
for Section 8 Company Registration
· File
the Application with the Registrar of Companies (R.o.C)
· Approval
from the Central Government (if required)
· Certificate
of Incorporation
· Apply
for PAN and TAN
· Open
a Bank Account
TIMLINE FOR COMPLITION
Estimated Timeline:
6-12 weeks on working days
Conclusion
Creating a Section 8
company is a commendable end ever for those looking to contribute to societal
betterment without the primary motive of profit. While the formation and
operational processes involve certain regulatory requirements, the benefits of
such a structure—such as limited liability, funding opportunities, and tax
exemptions—far outweigh the challenges. For individuals and groups passionate
about making a difference, a Section 8 company serves as a powerful vehicle for
achieving their vision and objectives in a structured and legally recognized
manner.
A non-profit company formed for promoting social, charitable, or educational purposes without distributing profits to members.
A non-profit company formed for promoting social, charitable, or educational purposes without distributing profits to members.
Any individual or group of individuals with at least two members and two directors can form a Section 8 Company.
To promote social causes like charity, education, health, art, culture, environment, etc., without distributing profits.
No, there is no minimum capital requirement for a Section 8 Company.
Tax exemptions, limited liability, and higher credibility for social causes.
Obtain DSC, DIN, apply for a name, prepare MoA and AoA, and submit documents to the Registrar of Companies (RoC).
Identity and address proofs of directors, MoA, AoA, office address proof, and NOC (if applicable).
Yes, but the profit must be used exclusively for the company’s objectives and cannot be distributed to members.
Section 8 Companies can apply for tax exemptions under sections 12A and 80G of the Income Tax Act.
Yes, it can be converted into a Private Limited or Public Limited company, following the proper procedures.
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