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Section 8 Company Registration In India

5,000+Section 8 Company since 2011

No more delays or difficulties! Register your business with India’s #1 provider of business incorporation services. Get a 7 day Guaranteed document upload to the MCA or receive a full refund T&C* 

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₹19,999  ₹7,999

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WHAT IS A SECTION 8 COMPANY REGISTRATION?

  • If any company wants to the promote commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object then it can register itself under section 8 of companies Act 2013.This kind of company is called as Section 8 company.
  • The companies registered under section 8 will be treated as limited companies without the addition to its name limited.

Advantages of a Section 8 Company

 

 
Greater Credibility

There Is No Requirement To Hold Annual Or Extraordinary Meetings. Only The Solution Shall Be Communicated To The Members. Just One Board Meeting Is Needed To Be Accomplished In Each Half Of The Calendar Year.

 
Company name

If You’re Not Inquisitive In The Registration Of A Pvt. Ltd, Then Note That Section 8 Companies Are Often Registered Without Employing These Words In The Name.

 
Easy registration process

Company Registration In India Can Often Be A Tiresome Process. However, This Is Usually Not The Case With Section 8 Companies. Company Owners Don’t Have To Bear Stamp Duty Or Set Aside A Minimum Paid-Up Capital.

 
Tax Deductions

Donors Can Enjoy Tax Deductions Under U/S 12AA And U/S 80G Of The Tax Act, Making It Easier To Advise Stakeholders And Donors Involved.

PROCEDURE FOR SECTION 8 COMPANY REGISTRATION

step1

Get DSC(Digital Signature Certificate) and DIN(Director Identification Number DIR 3 form) for the directors of the company which is issued by the MCA(Ministry of Corporate Affairs) by providing information through simple form on Khata Dekho.

step2

Approval of Name of the company(Form no. INC 1): Prior to approval of the name of the company, a company name must be reserved with the MCA so that no one else can use it and it doesn’t match with existing companies which will be handled by us.

step3

A licence(form INC 12,13,15) for sec 8 company in India must be obtained before the incorporation of the company. Khata Dekho can help you in getting the licence with no hassle.

step4

Registration i.e. incorporation of company through form number INC 7,8,10,9,22,DIR 12,2 at MCA with documents with the registrar of companies is done after above mentioned processes.

Documents Required For Section 8 Company Registration

 

Minimum Requirements

  • A minimum of two members who are aged 18 or more are often directors and shareholders of the company.
  • A minimum share capital of ₹ 100,000

For All Directors

  • Self Attested Copy of Pan Card.
  • Self Attested copy of Aadhaar Card / Passport / Driving License / Voter Identity Card
  • Passport size photograph
  • Self Attested Copy of statement /Bank Passbook with the latest transaction
  • Mail id
  • Phone no.

To register the office

  • No-Objection letter from the Owner of the Premises to use the address of the registered office of the corporate.
  • Electricity Bill/Telephone Bill /Gas Bill/ Water Bill

Section 8 Company Compliances

 
  • A Section 8 company has to comply with the annual compliances like other companies
  • In case of non-compliance, the company will be treated as a dormant company and it can be struck off from the register
  • A section 8 company registration is also required to do the CSR compliances and the CSR must be done.
Penalty for Non-Compliance

If the Section 8 Company Registration violates the Act’s legal requirements, the Government will revoke it. The licence may be revoked if the Company’s goals are mishandled or inconsistent with the ones that were established. A firm or other entity that violates the rules will be subject to a fine that starts at ₹10 lakh and can reach ₹1 crore. The Company’s Officers & Directors who violate the terms will be subject to a fine of at least ₹25000 and up to ₹25 lakh, or both.

Applicability of Tax Exemption

There is a general notion that a Section 8 company need not pay tax as they work towards the welfare of the public at large. But this is not true. A Section 8 company, like any other legal entity, is liable to pay tax. In order to be exempted from Tax, a Section 8 company is required to obtain certification for the said exemptions such as Section 12 A, 80G etc. from the Income Tax Authorities.

Timeline

Free Consultation and Documentation
  • Our Expert team resolve your queries. Our consultation is completely free.
Action Required by you
  • You Need to fill up the draft, Make Payment and Submit Documents to Khata Dekho
Action By Khata Dekho
  • Once the Documents are uploaded we’ll start the step -by-step process of Incorporation

Frequently Asked Questions (FAQs)

A Section 8 company is a charitable or not-for-profit organization and is registered under the Indian Companies Act, 2013.

A section 8 company is regulated by the Central government, while a Trust falls under the purview of the government. thanks to this, section 8 companies are thought to be more credible, which creates it easier to draw in donors.

There is no minimum capital required. It is up to the control of the shareholders and directors.

A section 8 company requires a minimum of two directors for company registration in India.

A section 8 company requires a minimum of two shareholders for company registration in India.

Individuals living outside India cannot form a section 8 company unless it is in partnership with an individual residing in India.

Certainly, a one-person company can become a private/public company, and this private/public organization can then regenerate as a Section 8.

Yes. As per ‘rule 8(7) of the Companies (Incorporation) Rules, 2014’, for the Companies under ‘Section 8 of the Act, the name should include the words like foundation.

Yes, a NRI or Foreign National can be a Director in a Section 8 Company after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident of India.

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