Section 8 Company or a Non-Profit organisation (NPO) charitable company registered under Section 8 of the Companies Act, 2013, established for promoting commerce, art, science, religion, sports, education, research activities, charity or any other useful social object, provided the surplus of income over expenditure and donations are applied only for the purpose for which it has been created. It means that the registered S. 8 Company can earn profits but the promoters/members cannot be benefitted out of those profits, unlike other business entities. When compared to other types of companies, Section 8 company enjoys various exemptions and relaxations as per income tax act.
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Fill all the required information requested in the registration form.
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After the discussion and submission of required documents, service will delivered. Time of delivery may differ based on the service.
Benefits that are yielded by choosing this service are numerous as mentioned below
There is no mandatory requirement for a minimum paid-up capital.
Tax benefits under section 12AA and 80G of the Income Tax Act can be availed by applying under the concerned authorities.
Compared to forming a trust, Section 8 companies create more reputation, visibiility and attracts contributions easily.
List of Documents that are required to proceed with this service package are
PAN card and aadhar copy of all the Directors and Shareholders.
Proof of registered office, Updated gas or electricity bill or Property tax receipt
Passport copy or Bank statementof the Directors and Shareholders of the Company
Copy of rental agreement and no objection certificate from the owner of the property
Specimen signature or impression
Photo ID proof of directors, Voter ID or Passport or License
Passport size photograph
Objectives of the company
Assets Liability Statement and the projection for next five years.
Criteria that should be satisfied to be eligible to choose this service package are
Minimum 2 Shareholders required for Private Limited NGO
Minimum 7 Shareholders required for Public Limited NGO
Director Identification number (DIN) for all the directors
Minimum 2 Directors
Digital Signature Certificate (DSC) for the promoters
Deliverables that you will receive by choosing this service are
DIN for 2 Directors
AOA and MOA
Bank Account opening support
Payment Gateway Integration support
Company PAN Card
GST Registration* (Auto Approval from ROC)
Company TAN/TDS Number
ESI and PF Registration
List of typical questions that you might ask regarding this particular service are
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