Apply for Section 8 Company Online & Get Approved By Central Govt. Of India
Need Help with Registration of Section 8 Company?
Benefits of a Section 8 Company
- Tax Benefits: Section 8 Companies enjoy tax exemptions, meaning they pay less tax and have more funds for charitable activities.
- Limited Liability: Members and directors are protected from personal liability, so their assets are safe if the company faces financial issues.
- Trustworthiness: Being a Section 8 Company boosts trust among donors and stakeholders, as it shows a commitment to social good.
- Focus on Social Impact: These companies prioritize helping society over making profits, tackling issues like poverty, education, and healthcare.
- Access to Funding: Section 8 Companies can access funding and grants from various sources to support their initiatives.
- Operational Flexibility: While they have rules to follow, they can still adapt to changing needs and make decisions that benefit society.
- Stamp Duty Exemption: They don’t have to pay stamp duty on certain documents, reducing registration costs.
- Sustainability: By reinvesting earnings into their goals, Section 8 Companies can create lasting change and improve society’s well-being.
Eligibility to Apply for Section 8 Company
- Purpose: The company must aim to promote specific activities like education, charity, or environmental protection.
- Use of Funds: Any profits made must be reinvested in these activities.
- No Dividends: The company cannot distribute dividends to its members; funds must be used for its charitable goals.
Documents for LLP Registration
Colour Photograph of all Partners
PAN Card
Identity Proof
Voter ID / Drving License / Apssport / Adhaar Card.
Address Proof
Bank Statement / Electricity Bill/ Mobile Bill
Proof of Registered Office Address
Utility Bill as proof must not be older than two months.
How we can help in Registration Process
Fill our Application Form.
⟶1
We shall Call You for further Necessary Documents and details as and when required.
⟶2
We shall help in DSC application process
⟶3
Drafting of MOA and AOA, discussing the Proposed name of the company.
⟶4
Company Incorporation Forms will be filed for application of Company Name, DIN and Registration Certificate together.
⟶5
Bravo! You’ve registered your Section 8 Company.
👍
⟶7
FAQ
What is a Section 8 Company?
A company is referred to as Section 8 Company when it registered as a Non-Profit Organization (NPO) or Non-Governmental organizations (NGOs) i.e. when it has motive of promoting arts, commerce, education, charity, protection of environment, sports, science, research, social welfare, religion and intends to use its profits (if any) or other income for under section 8(1a, 1b, 1c) of the Companies Act, 2013.
Can a Sec 8 Company be incorporated both as Public & Private Company?
Can a One Person Company (OPC) become a member of a Section-8 Company?
No. Following the legal directives of the Company (Incorporation) Rules, 2014 of the Indian Govt. a One Person Company (OPC) cannot become a member or be associated with a Sec. 8 company.
Under Which Act does Section 8 Company is registered, who governs said Act?
A Sec. 8 company is registered under Companies Act 2013 under the Ministry of Corporate Affairs (MCA) of the Indian Govt. Apart from that, a Sec. 8 company is mandated to follow the norms of the Reserve Bank of India (RBI) in the transaction related matters.
What are Post-Incorporation Compliance of Section 8 Company?
After incorporation, the Section 8 Company must fulfil post-registration compliance requirements, including opening a bank account, obtaining PAN and TAN, and adhering to ongoing regulatory obligations per the Companies Act, 2013. By following these steps diligently and ensuring compliance with legal formalities, aspiring Section 8 Companies can successfully register and embark on their journey towards positively impacting society.