Section 8 Company


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Rs. Onwards *All Inclusive (Fees & Taxes)*

Name Approval (One Time)**
Requirement of Minimum Paid-up capital/Zero Capital
Company Incorporation Certificate
MOA+AOA, Share Certificate
DSC & DIN, PAN/TAN, Bank Account Opening Assistance

Section 8 Company

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1

APPLY FOR DSC

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2

PROCESS FOR NAME APPROVAL

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3

PREPARATION OF DRAFTS & DOCUMENTS (MOA,AOA Etc.)

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4

FILE DOCUMENTS WITH ROC

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5

RECEIVE INCORPORATION CERTIFICATE, PAN TAN

Requirements

The primary purpose of registering a company as a Section 8 Company is to promote non-profit objectives such as trade, commerce, arts, charity, education, religion, environment protection, social welfare, sports research, etc.

To incorporate a Section 8 Company, a minimum of two directors are required. Also, there is no requirement of minimum paid-up capital in the case of Section 8 Company.

In India, a non-profit organization can be registered under the Registrar of societies or as a Non-profit company under Section 8 of Companies Act 2013.

 

Documents

Individual

Pan Card

Aadhar Card

Passport Size  Photo 

Director’s Address Proof/Bank Statement

 

 

Place Of Business

Latest electricity bill/Utility Bill

Proof of ownership (rent agreement/ lease deed)

 

 

Basic Features of Section 8 Company

Charitable objectives

Section 8 companies do not aim to make profits. Their objectives are purely charitable in nature. They aim to further causes like science, culture, research, sports, religion, etc.

No minimum share capital

Section 8 companies, unlike all other companies, do not require a prescribed minimum paid-up share capital.

Limited liability

Members of these companies can only have limited liability. Their liabilities cannot be unlimited in any case.

Government license

Such companies can function only if they have the Central Government’s license. The Government can revoke this license as well.

Privileges

 objectives, the Companies Act Since these companies possess charitable has accorded several benefits and exemptions to them.

Firms as members

Apart from individuals and associations of persons, Section 8 also allows firms to be members of these companies.

Important Notes

An Individual or HUF or limited Company is eligible to start a Section- 8 company registration in India.

Two or more person who will act as a shareholder or Director of the company should fulfill all the requirements and compliances of the Section 8 Company registration.

At least one of the directors shall be a resident of India. However, a firm may be a member of the company registered under this section.