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Section 8 Company Registration

Market Price: ₹23999
Kudos Price: ₹19999 incl. all
You Save: ₹4000
Government Fee: Included
Complete By*: 02-05-2024

Register Section-8 (NGO) Company online in 3 Days with Kudos Startup.
 

Check Package
Market Price: ₹30400
Kudos Price: ₹25999 incl. all
You Save: ₹4401
Government Fee: Included
Complete By*: 02-05-2024

Register Section-8 (NGO) Company online in 3 Days with Kudos Startup.
 

Check Package
Market Price: ₹33999
Kudos Price: ₹29999 incl. all
You Save: ₹4000
Government Fee: Included
Complete By*: 02-05-2024

Register Section-8 (NGO) Company online in 3 Days with Kudos Startup.
 

Check Package

Section 8 Company Registration

When it is about registering a startup with the maximum ease then nothing can match up to Kudos Startup. We are here to support your public cause of NPO/NGO with our affordable registration plans. Fill the form to register a section 8 company in India at the earliest.

What is a Section 8 Company?

Section 8 company of the Companies Act 2013 is the company defined in section 25 under the old Companies Act. These companies can work anywhere in the country. The company registered as section 8 company is a legal evolution of an NPO/NGO i.e. Non-ProfitOrganization. In simple words, it is a business structure with NO profit motive.
As per Section 8(1a, 1b, 1c) of the Companies Act, 2013, a Section 8 Company is a Company which:

  • Is incorporated to promote a public cause such as social welfare, commerce, art, religion, science, education, research, protection of the environment, charity, sports or any such object
  • It intends to apply all its profits, income, or other earnings, in promoting the above public causes.
  • Does not pay any dividend or income to its members.

Section 8 companies can be registered as a private or public limited company. Although an NPO/NGO defined under section 8 of the Companies Act 2013 reaps the benefits of limited liability BUT cannot use the word ‘LIMITED’in its name.

How can you benefit from a Section 8 Company Registration?

The benefits of a Section 8 Company Registration include:

  • Tax Benefit: India grants many tax benefits to a Section 8 Company.
  • Credibility: Governed and regulated by the Companies Act 2013, registration gives the NPO/NGO a legal status that makes it more reliable than any other charitable institution/organization.
  • Limited Liability: Section 8 Company enjoys the benefits of limited liability. The members are not personally liable for any loss that occurred to the Company.
  • Separate Legal Identity: Registration of Section 8 Company adds a legal status to the organization. Just like others, Section 8 company has a separate legal identity different from its members.
  • Perpetual existence: Being a separate legal person, Section 8 Company enjoys perpetual succession where it keeps on going irrespective of what happens to its member. This adds great flexibility to the organization.
  • No minimum capital needed: Section 8 Companies can be registered without any minimum capital. The capital structure can be altered at any stage thereby allowing the inflow at any moment after registration.
  • No stamp duty: Section 8 Company has an exemption from paying any stamp duty for AOA or MOA in a public or private limited company.
  • CARO: CARO or clauses of Companies Auditor’s Report order does not apply to a Section 8 Company.
  • Benefits donors: Those who donate in a Section 8 company can avail the tax exemption u/s 12 A and 80 G of the INCOME TAX ACT, 1961.
  • Directorship: Even a partnership firm/LLP can become a member of a Section 8 Company if working in its capacity and can also hold the directorship.

Section 8 companies can be registered as a private or public limited company. Although an NPO/NGO defined under section 8 of the Companies Act 2013 reaps the benefits of limited liability BUT cannot use the word ‘LIMITED’in its name.

Pre-requisites to register a Section 8 Company:

There are some mandatory requirements for Section 8 company registration:

  • Minimum two persons with all the required documents
  • Social objectives, as one is answerable to the ROC
  • No minimum capital required
  • Minimum directors: 3(public limited company) 2(private limited company)
  • maximum directors: No limit
  • Atleast one person must be resident in India

DOCUMENTS

Documents required for Section 8 Company Registration

The director/shareholder of the Private Limited Company is required to submit the scannedcopies/ transcripts of the following documents compulsory for Private Limited Company registration:

  • Self-attested PAN card
  • Self-attested Passport for NRIs and Foreign Nationals
  • Self-attested Scanned transcript of Voter ID /Driving License/ Passport/Aadhar card
  • Updated/latest electricity Bill/Bank account Statement/Mobile or landline phone Bill
  • One passport-size photo
  • Specimen signature or impression.
  • Proof of registered office address: NOC cum consent letter/Notarized Lease agreement/Notarized Rent agreement along with Utility bill (Telephone Bill, Gas Bill, Water Bill, Electricity Bill)/Municipal khata copy/house tax receipt/Ownership documents
  • Contact Details of Promoters:Email Id and mobile numbers….

Note Proof of Nationality in case the subscriber is a Foreign National

Eligibility:

The eligibility criteria to register a Section 8 company includes:

  • A person/ HUF/ Body Corporate can register a Section 8 Company.
  • Two or more persons acting as a shareholder/director of the company must satisfy every condition of the NPO.
  • One of all the directors must be an Indian resident
  • The object must include sport advancement, art, science, social welfare, financial, and education assistance to the weaker section/low-income class or society.
  • No profit/ compensation or dividend shall be paid or distributed to or amongst members of a Section 8 Company.
  • The surplus must be reinvested in the objects defined.

Note Proof of Nationality in case the subscriber is a Foreign National

Funding of a Section 8 Company

Section 8 companies cannot raise capital through deposits.

Donations from the general public are allowed as funding.

FCRA Registration:

  • To allow foreign donation FCRA (Foreign Contribution Regulation Act 1976) registration shall be taken after three years from the date of registration.

For urgent foreign donations:

  • One can apply for FCRA registration before 3 years with the commissioner’s permission.

Equity Funds: The Fund can be raised by a section 8 company through the issuance ofequity shares at a higher price.

How KUDOS STARTUP helps you in Section 8 Company

Step 1: Get yourself Registered with Kudos Start-up
Fill the asked details in our simple questionnaire of Section 8 Company.

Step 2: GET A CALL FROM US
Once we receive your details and requirements, one of our professionals will be allotted toyour case. You will get our call to be in touch through the whole process.

Step 3: Get DIN DSC
We will apply for the DSC after which the application will be filed with the ROC to receive DSC and DIN.

Documents required for DSC and DIN:

  • Self-Attested ID proof/ Address proof of all the directors
  • Passport-sized photos of all the directors

Step 4: Name Approval
All you have to do is to provide us at least two name preferences for your company. We will check the availability and provide you with a unique name for your section 8 company as per the RUN (Reserve Unique Name) facility.

Step 5: Application of COI and License
Once the name is approved, we will apply for the license for your Section 8 Companies with the Central Government in Form INC-12. The form is to be applied with MOA, AOA, Declaration by Directors/Applicant in Form INC-15, Declaration of CWA/ CA/ CS in INC- 14, Letter of Name Approval, and an income estimate of at least 3- years. After this, we will apply for COI (Certificate of Incorporation).

Step 6: You can operate your Section 8 Company
Once the above process is done, your Section 8 Company is registered successfully. Now, all we will do is applying your TAN and PAN in Forms DIR-2, 12 and INC- 22, 10, 9, 8, 7 with ROC.

NOTE: The required documents and receivables will be delivered on your address once the incorporation is done.

Kudos Startup helps you in completing the complex Section 8 Company registration process without even leaving your house! Fill the form to appoint us for your work while you rest in your comfort.

Pricing

Basic

₹19,999
  • 7 Class 3 Digital Signature
  • 3 Director Identification Number (DIN)
  • 1 Run Name Approval
  • 15 Lakh Authorized Capital
  • Incorporation Fees
  • Stamp Duty note
  • Incorporation Certificate
  • PAN & TAN
  • Scetion-8 Ngo Licence
  • ESI & PF Registration
  • MSME Registration
  • GST Registration
  • Company Incorporation Kit
  • Hard-copy Share Certificates
  • Current Account Opening
  • Online Payment Gateway
  • Documents & Resolutions
  • Commencement of Business Certificate
Get started

Growing

₹25,999
  • 7 Class 3 Digital Signature
  • 3 Director Identification Number (DIN)
  • 1 Run Name Approval
  • 15 Lakh Authorized Capital
  • Incorporation Fees
  • Stamp Duty note
  • Incorporation Certificate
  • PAN & TAN
  • Scetion-8 Ngo Licence
  • ESI & PF Registration
  • MSME Registration
  • GST Registration
  • Company Incorporation Kit
  • Hard-copy Share Certificates
  • Current Account Opening
  • Online Payment Gateway
  • Documents & Resolutions
  • Commencement of Business Certificate
  • Trademark Application Filing
Get started

Premium

₹29,999
  • 7 Class 3 Digital Signature
  • 3 Director Identification Number (DIN)
  • 1 Run Name Approval
  • 15 Lakh Authorized Capital
  • Incorporation Fees
  • Stamp Duty note
  • Incorporation Certificate
  • PAN & TAN
  • Scetion-8 Ngo Licence
  • ESI & PF Registration
  • MSME Registration
  • GST Registration
  • Company Incorporation Kit
  • Hard-copy Share Certificates
  • Current Account Opening
  • Online Payment Gateway
  • Documents & Resolutions
  • Commencement of Business Certificate
  • Financial Statement Preparation
  • Board Resolution Preparation
  • MCA Annual Return Filing
  • Income Tax Return Filing
  • 1 Year Dedicated Compliance Manager Support
Get started

FAQ's

  • What is Section 8 Company ?
    A company is referred to as Section 8 Company which is registered under Companies Act 2013 and which is also a Non- Government Organization (NGO)/Non-Profit Organization (NPO) i.e. with the motive of promoting arts, commerce, education, charity, protection of environment, sports, science, research, social welfare, religion etc. Example of Section 8 Company are FICCI, AZIM PREMZI FOUNDATION etc
  • Section 8 Company can be registered as Private Limited Company or Public Limited Company as per the needs of its promoters. Further, it gets licensed by Ministry of Corporate Affairs Under Section 8(1) of Companies Act 2013.
  • Yes, Section 8 Company can enjoy the tax benefits under Section 80G & 12A of Income tax Act 1961. The tax exemptions are granted to the donors making donations in Section 8 Company. Also, any income earned by the NGO is tax free in the hands of Section 8 Company.
  • A minimum of two person are required to register a section 8 company in India.
  • Section 8 Company is best form of NGO than trust as it has better credibility, transparency and its own separate legal identity from its promoter with minimum requirements.
  • Section 8 Company is better form of NGO/NPO than a society as it allow to work throughout India. Whereas society registered under Society registration Act 1860 has limitations to area of working like District Level, State Level or national Level with various other conditions to be fulfilled.

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