
Welcome to Your Trusted Section 8 Company Registration Service!
Are you planning to set up a Section 8 Company and contribute to a cause close to your heart? Whether it’s for charity, education, art, science, religion, or any other purpose benefiting the public, we provide expert services to help you register your Section 8 company quickly, legally, and hassle-free. Our team offers comprehensive support throughout the process, ensuring that your company complies with all necessary legal requirements.
What is a Section 8 Company?
A Section 8 Company is a special type of non-profit organization, formed under Section 8 of the Companies Act, 2013. These companies are established to promote activities such as:
- Charitable purposes
- Promotion of education
- Promotion of arts, science, commerce, sports, or religion
- Public welfare
Section 8 companies do not aim to generate profits for their members. Instead, any profits made are used exclusively for promoting their objectives. They can, however, issue shares and accept donations.
Key features of a Section 8 Company include:
- Non-Profit Objective: The primary objective is to work towards a charitable cause.
- Limited Liability: The liability of the members is limited to their shares in the company.
- Corporate Structure: A Section 8 company has a formal structure, including a Board of Directors, which provides a higher level of credibility.
- Tax Benefits: Section 8 companies are eligible for various tax exemptions, making them an attractive option for social entrepreneurs and nonprofits.
Why Register a Section 8 Company in India?
Registering a Section 8 Company offers several advantages, especially for organizations that aim to serve the public good. Here are the key reasons why you should consider registering your Section 8 company:
- Legal Status: A Section 8 Company is a legal entity, recognized by the Ministry of Corporate Affairs (MCA), which provides greater legitimacy for donors, stakeholders, and the public.
- Limited Liability: The liability of the members is limited to their shares in the company, protecting personal assets from business liabilities.
- Tax Benefits: Section 8 companies are eligible for various tax exemptions under Indian tax laws, including income tax exemptions on funds used for charitable purposes.
- Public Trust: The formal structure and regulatory framework make Section 8 companies trustworthy in the eyes of the public, donors, and other organizations.
- Flexibility: These companies can engage in various activities like education, healthcare, environment, or public welfare, and have the ability to raise funds through donations, grants, and other sources.
- Access to Government Grants and Funding: Section 8 companies can avail themselves of grants and funding opportunities from the government and international organizations to promote their cause.
Section 8 Company Registration Process in India
The process of registering a Section 8 Company involves several key steps. We make this process as simple and efficient as possible for you:
Step 1: Choose a Unique Name for Your Company
The first step is to select a unique name for your Section 8 Company. The name should reflect your organization’s non-profit objective and comply with the guidelines set by the Ministry of Corporate Affairs (MCA). We help you ensure the name is available and compliant with the rules.
Step 2: Obtain Digital Signature Certificate (DSC)
For online submission, you must obtain a Digital Signature Certificate (DSC) for the proposed directors. The DSC is used to sign the application electronically.
Step 3: Apply for Director Identification Number (DIN)
Every director of a Section 8 company must obtain a Director Identification Number (DIN). It is a unique identification number issued by the Ministry of Corporate Affairs (MCA).
Step 4: Draft the Memorandum and Articles of Association (MOA & AOA)
The Memorandum of Association (MOA) and Articles of Association (AOA) define the objectives and the internal management structure of your company. These documents must be drafted carefully to ensure compliance with the provisions of the Companies Act, 2013.
Step 5: Apply for Section 8 License
You will need to apply for a Section 8 License from the Registrar of Companies (RoC) to obtain permission to operate as a non-profit organization. The license is required before you can proceed with the company registration process. Our team assists you in preparing and submitting the application for the license.
Step 6: File the Incorporation Documents
Once you have the Section 8 license, we will file the SPICe (Simplified Proforma for Incorporating Company Electronically) form along with the required documents, such as:
- MOA & AOA.
- Identity Proof and Address Proof of all directors.
- Digital Signature Certificates (DSC) of directors.
- Section 8 License approval.
- Proof of Registered Office Address.
Step 7: Certificate of Incorporation
Upon approval of your application, the Ministry of Corporate Affairs (MCA) will issue the Certificate of Incorporation, officially registering your Section 8 Company. This certificate is proof that your company is a legally recognized non-profit entity.
Step 8: Apply for PAN and TAN
Once your Section 8 Company is incorporated, you will need to apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for tax compliance.
Documents Required for Section 8 Company Registration
To register your Section 8 Company, the following documents will be required:
- Identity Proof: PAN card, Aadhar card, Passport, or Voter ID of all directors.
- Address Proof: Utility bill, rent agreement, or bank statement for the registered office address.
- Photographs of all directors.
- MOA & AOA: Drafted according to your organization’s objectives.
- Section 8 License: Approval from the Ministry of Corporate Affairs.
- Digital Signature Certificates (DSC): For all directors.
- Proof of Registered Office Address: Utility bill or rent agreement.
Why Choose Us for Your Section 8 Company Registration?
We provide expert assistance in registering your Section 8 Company, ensuring that the process is smooth, legal, and efficient. Here’s why you should choose us:
- Expert Guidance: Our team of legal professionals ensures that all necessary forms and documents are compliant with the legal framework of Section 8 of the Companies Act, 2013.
- Hassle-Free Registration: We take care of every aspect of your Section 8 Company registration, from drafting the MOA & AOA to filing the necessary forms.
- Affordable Services: We offer transparent pricing with no hidden fees, making the registration process cost-effective for social enterprises and non-profits.
- Timely Service: We prioritize efficiency and ensure your Section 8 Company is registered as quickly as possible.
- Post-Registration Support: We provide ongoing assistance for compliance, tax filings, and other legal matters after your company is registered.
- Client Satisfaction: We are dedicated to providing top-notch service, helping you focus on your mission while we handle the legal details.
How Much Does Section 8 Company Registration Cost in India?
The cost of registering a Section 8 Company in India depends on several factors, including:
- Number of directors and shareholders.
- Government fees for registration and licensing.
- Professional service charges for drafting documents and filing.
Our pricing is competitive and transparent, and we offer various packages to suit the needs of your organization. Contact us for a personalized quote today!
Get Started with Your Section 8 Company Registration Today!
Ready to establish a Section 8 Company and make a positive impact? We’re here to guide you through every step of the process. Our team of experts will ensure that your non-profit organization is legally established and ready to begin serving its purpose.
Contact us now to get started or schedule a free consultation with one of our experts!
Phone: 9832117700
Email: cs@ibcs.co.in
Let’s turn your social impact vision into reality with a legally-compliant Section 8 Company!