Non-profit Organization (Section 8 Companies)
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ABOUT SECTION 8 COMPANIES
Section 8 company is a company formed for non-profit objects which includes promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or similar purposes.
WHO CAN FORM SECTION 8 COMPANY
-Any individual, Competent to contract
-Two or more persons if forming as Private Limited
-Seven or more persons if forming as Public Limited
-Body Corporates, companies, associations can also be members
BENEFITS OF SECTION 8 COMPANY
-Tax benefit
-Limited Liability
-More credible than Trust/Society due to detailed availability on public domain
-Exempted from Stamp Duty
-There is minimum capital requirement
RESTRICTION ON SECTION 8 COMPANY
-Profits of the section 8 Companies cannot be distributed among members
- Any alteration in MOA & AOA is subject to approval from Central Government
-Stricter compliance as compared to Trust/ Societies
PATHWAYS FOR FORMATION OF SECTION 8 COMPANIES
- Sign up on the portal
- Select the services –Formation of section 8 Company as Private Limited or Formation of section-8 Company as Public Limited subject to your requirement
- Make the payment
- Within 24 hrs of payment, out team will contact through email, whatsup, and call
- After understanding your requirement, our team will share checklist for documentation
- Within 72 hrs of submission of all required documents, Our team will file incorporation form to ROC
- After, approval from ROC, our team will share Certificate of Incorporation, MOA, AOA, PAN, TAN along all forms and challans for your records.
- A feedback form shall be shared with you for sharing your experience with us.
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Affordable & Transparent Pricing, Tailored to Your Growth — covering everything from Incorporation to Year-round Compliance
B-Basic
₹3999 ₹2999
What's Included
- Reserve Company name at MCA
- Expert advice on incorporation
- Filing of incorporation documents at MCA
- MCA Processing
- Company CIN, PAN, TAN
- Memorandum of Association
- Articles of Associations
- DIN for 2 directors
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B-Silver
₹7999 ₹6999
What's Included
- Reserve Company name at MCA
- Expert advice on incorporation
- Filing of incorporation documents at MCA
- MCA Processing
- Company CIN, PAN, TAN
- Memorandum of Association
- Articles of Associations
- DIN for 2 directors
- ESIC & PF Registration
- GST Registration
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