Section 8 Company Registration
A section 8 company refers to a non-profit organization that can be legally formed in India according to the Companies Act 2013. These companies have the primary goal of advancing social welfare and supporting charitable causes. Any profits generated by these organizations are directed towards fulfilling their objectives. To register as a section 8 company, certain criteria must be met, such as having a minimum of two directors, and the company cannot distribute dividends to its members.
₹15360excl. GST
Section 8 registration procedure with company act, 2013
The registration process for a section 8 company in India, as per the Companies Act 2013, involves a strict and detailed procedure. The first step is obtaining Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) for the directors of the company. Following this, an application must be submitted to the Registrar of Companies (ROC) along with the necessary documents, including a Memorandum of Association (MOA) and Articles of Association (AOA).
Upon verification of the application and accompanying documents, the ROC will grant a Certificate of Incorporation to the company. This certificate confirms the company's legal status, allowing it to commence operations. However, it is important to note that section 8 companies are not permitted to use "Private Limited" or "Limited" in their name. Furthermore, they must adhere to various regulations and reporting requirements.
Frequently Asked Questions (FAQs) about Section 8 Company Registration:
1. What is a Section 8 Company?
A Section 8 Company, also known as a Not-for-Profit Company, is a non-profit organization registered under the Companies Act 2013 in India. Its primary objective is to promote social welfare and charitable causes.
2. What are the benefits of registering a Section 8 Company?
Section 8 Companies enjoy benefits such as tax exemptions, limited liability, and separate legal identities. They can also avail foreign funding and corporate social responsibility (CSR) contributions.
3. What is the minimum capital requirement for registering a Section 8 Company?
Unlike other companies, there is no minimum capital requirement for registering a Section 8 Company. However, the company must ensure sufficient capital to fulfill its objectives.
4. Can a Section 8 Company earn profits?
Yes, a Section 8 Company can generate profits. However, these profits must be utilized for promoting the company's objectives and cannot be distributed as dividends to its members.
5. What is the difference between a Section 8 Company and a Trust or Society?
The main distinction between a Section 8 Company and a Trust or Society is their registration under different acts. Section 8 Companies are registered under the Companies Act 2013, while Trusts and Societies are registered under the Indian Trusts Act 1882 or the Societies Registration Act 1860. Section 8 Companies have more stringent regulations and reporting requirements compared to Trusts and Societies.
Need Section 8 Company Registration service?
If you require Section 8 Company Registration services in India, consider engaging professional assistance. They can guide you through the entire process, including documentation, compliance requirements, and filing. Benefit from their expertise to ensure a smooth and efficient registration of your Section 8 Company Registration, saving you time and effort.
Buy Now Talk to AdvisorStartup India Services
Our 16+ services were built for specific problems, pain points, and needs in every corner of your enterprise.
Startup India Registration
Startups in India can access government benefits like tax exemptions, funding, and mentorship programs.
Startup India Tax Exemption
Startup India provides tax exemption for eligible startups for 3 out of their first 10 years since incorporation.
One Person Company
One Person Company (OPC) is a legal business structure in India that allows a single individual to operate a company with limited liability.
Limited Liability Partnership
LLP is a business structure in India providing limited liability protection and operational flexibility to partners.
Private Limited Company
A Private Limited Company in India offers limited liability protection and requires at least two directors and shareholders.
ISO Registration
ISO registration certifies compliance with international standards, boosting a business's credibility and competitiveness.
FSSAI Registration
FSSAI registration is mandatory for food-related businesses in India to comply with food safety regulations and build consumer trust.
Digital Signature
A digital signature is a cryptographic tool that verifies the identity and integrity of electronic documents or messages.
Section 8 Company Registration
Section 8 Company registration incorporates nonprofits in India for charitable or social purposes.
IEC Code
IEC code is a unique 10-digit identification number required for businesses engaged in import or export activities in India.
NGO Registration
NGO registration is the process of legally establishing a nonprofit organization in India to carry out social or charitable activities.
Trust Registration
Trust registration is the process of legally establishing a charitable or philanthropic trust entity in India.
Society Registration
Society registration is the process of legally establishing a nonprofit organization for social, cultural, or charitable activities in India.
Partnership Firm Registration
Partnership firm registration is the process of legally establishing a partnership business entity in India.
Share Transfer
Share transfer is the process of transferring ownership of shares from one party to another in a company.
MSME / UDYAM Registration
MSME/UDYAM registration enables micro, small, or medium enterprises in India to access government benefits and support.
A Price That Fits Your Needs
Develop a pricing strategy by understanding costs, researching your target market, setting objectives, analyzing competitors, implementing value-based pricing, testing different models, and monitoring and adjusting as needed.
We solve real business challenges.
Our 14+ services were built for specific problems, pain points, and needs in every corner of your enterprise.
Web Development
We design and develop creative, responsive, outstanding, agile website with our microscopic detailing and scrupulous strategies.
App Development
We're designing & developing for both android and ios users with proper brainstorming and excellent knowledge of UX/UI with the latest technologies.
Digital Marketing
Target, engage, interact, and deliver. Digital marketing, social media, and advertising that is tailored to a custom strategy designed for results.
Helping Businesses in All Sectors
A blend of contributions to meet every one of your prerequisites
Social Networking
Digital Marketing
E-Commerce
Video Service
Banking Service
Enterprise Service
Education Service
Tour and Travels
Healthcare
Event & Ticket
Restaurant
Consultancy
Their insightful team helps us achieve our goals and effectively track our progress, resulting in significant growth in customer experience. We're thrilled with the positive changes they've facilitated!
Abhishek Chaurasia, CEO, Sarathi Tax Consultant
Udham Digital isn’t just a service provider; they’re our growth partners! Their strategic brilliance and commitment to our goals have led to exceptional results and a deeper customer connection!
LopaMudra Das, CEO, PharmaGuideHub
Working with the UdhamDigital was a fantastic experience! They provided innovative solutions, boosted my online presence, and delivered exceptional support. I highly recommend them for anyone looking to elevate their brand!
Dr. S.P. Singh, MD, Brar Dental
The UdhamDigital transformed my marketing strategy! Their creativity and expertise led to impressive results. Their dedicated team was responsive and supportive throughout the process. Highly recommend their services!
Sobhita Selven, Head of IT Customer Solutions, Indiacrude
Udham Digital’s strategic approach yields measurable results. Their commitment to learning about our business and customers has been instrumental in driving our growth and enhancing our overall effectiveness.
Punit Kumar Sharma, Claim Operations, ICICI Predential