Nareshv and Associates

Section 8 Company Registration

Expert assistance at your fingertips

Steps

1. Fill out the Form

Filling out the form is quick and easy and will provide you with numerous benefits in the long run. By this, you will be able to get consultation from our nareshv & associates CA/CS and will be able to get Guidance. So, why wait? Take the first step towards a bright future for your business and fill out the form today.

2. List of Documents Required

Required Documents for Sec 8 Company Registration

Voter ID
PAN Card of all the Members
Phone Bill/Electricity Bill
Most recent Bank Statement of all the Members and the Company
Aadhaar Card of all the Members
Passport size photograph of all the members
Copy of the Rental agreement
Passport
Driving license

3. Registration Procedure

Following Is The Step By Step Process Of Section 8 Company Registration:

Step-1:
Name Application/Reservation in the SPICe+ Form

Step-2:
The readiness of MOA and AOA

Step-3:
Outline- Absolute Number of Board Meetings and its Plenum

Step-4:
Issuance of 80G Certificate

Step-5:
Issuance of 12A Registration

4. Advantages

1. Different legal identities
2. No Minimal Capital
3. No Stamp Duty
4. Credibility
5. Exclusion To The Donators
6. Tax reductions

5. Importance of Section 8 Company Registration

Section 8 Company Registration is important for non-profit organizations in India as it provides them with legal recognition and various benefits such as tax exemptions and access to funding. It also ensures transparency and credibility in their operations.

6. Time Taken

The time taken to get Section 8 Company Registration varies from case to case. It can take anywhere from a few weeks to a few months depending on the completeness of the application and other factors.

Section 8 Company Registration

What is Section 8 Company Registration?

A Section 8 company under the Companies Act, 2013 or a Section 25 Company as per the Companies Act,1956 is an organisation registered with an objective of promoting the fine arts, science, literature, or knowledge sharing for a purposeful matter or for charity. These are the limited companies established under the Companies Act. The Government grants these companies an exclusive license under Section 8 Companies Act.

Frequently Asked Questions

1. How do I convert my company to Section 8 Company?

Fill out a RUN application to reserve a name. Along with this Form INC-12 application for awarding a licence under a section 8 company, submit an application in Form No. RD-1 to request approval for the conversion of an existing Company to a section 8 company.

2. Is Section 8 Company a public or a private company?

Sec 8 companies can be registered as public, private or as an LLP but if you ask what type of company is section 8 companies, then they are non-profit organisations.

3. How can I check if a Section 8 Company is registered or not?

You can check if a company is sec 8 or not by checking in the MCA portal.

4. Is there any maximum limit for the number of members in the Section 8 company?

There is no such maximum limit.

5. What are the other alternatives for starting an NGO?

The other alternatives are to start a Trust or a Society based on the objectives of your NGO.