1. +91-7428899959 admin@seedlingassociates.com Request a Consultation Home Blog Contact Us Start a Business License & Registration Taxation IPR & Gaming Services NGO Compliances Accounting & Payroll Section 8 Company Registration Home > Section 8 Company Registration Section 8 Company Registration In India Get Consultation Today (Price Start at $ 242 /-) Name Section 8 of the Companies Act provides certain entities an exclusive license. There are three major requirements for granting the license. Email The organization should be benevolent in nature. Phone Earnings and pro?ts should go toward these goals. The corporation should not issue dividends to its shareholders. How we can help Incorporating a Section 8 corporation in India has several bene?ts, some of which are described below: Tax Exemption: Section 8 ?rms are excused from paying taxes since their revenues are used for charitable purposes, delivering SEND a large ?nancial bene?t for its activities. No Minimum Capital Requirement: Section 8 organizations can alter their capital structure based on their growth, eliminating the need for a minimum capital requirement. Our Registration Services No Stamp Duty: Section 8 ?rms are free from paying stamp duty throughout the registration procedure, lowering their costs. Start Up India Registration Separate Legal Entity: Section 8 corporations have their own legal identity and continuous life, which adds credibility and Angel Tax Excemption (Section 56, autonomy. IT Act) Enhanced Credibility: Strict legal compliance procedures guarantee that Section 8 ?rms are credible. When compared to Start-up tax excemption (Sec 80- charitable societies and trusts, they have a greater level of credibility and trustworthiness. IAC) Legal Entity Identi?er Registration No Title Required: Section 8 corporations are able to pick a name without having to include the word ' Private Limited or Limited' MSME/UDHYOG Aadhar in its name, providing for greater naming ?exibility. Registration IEC Registration Eligibility Criteria for Section 8 Company Registration in India ESI&PF Registration ISO Registration (Non-Audit) The following are the eligibility requirements for a Section 8 company registration: ISBN Registration In India, an individual, HUF, or limited corporation can register a Section 8 company. GST Registration Two or more people who will function as shareholders or directors of the company must meet all of the Section 8 Company registration criteria. At least one of the directors must be a resident of India. The objectives of the company should include charitable or not for pro?t activities like the promotion of sports, social welfare, the advancement of science and art, education, and ?nancial assistance to lower income groups. The surplus generated must be used to meet the principal objective of the section 8 company registration. Founders, members, and directors of the company cannot be paid remuneration or dividends. There should be no direct or indirect disbursement. Documents Required for Section 8 Company Registration in India The below mentioned documents are required to complete the process of incorporation for a Section 8 company in India: Articles of Association and Memorandum of Association. Declaration by the ?rst director(s) and subscriber(s) (an af?davit is not required) Proof of of?ce address, such as a copy of utility bills such as electricity, water, or gas bills. Copy of an overseas corporate body's certi?cate of incorporation (if any)  Need Help? Chat with us A resolution passed by the company’s promoter.  Nominee Consent (INC-3) Need Help? Chat with us

2. Nominee and subscriber residence and identi?cation veri?cation. Applicant's identity and residential proof. Digital Signature Certi?cate. Declaration of unregistered companies. Procedure to register section 8 company in india The mentioned below steps are involved in the Incorporation of Section 8 company in India: Step 1 is to obtain a Digital Signature Certi?cate The ?rst step is to secure a Digital Signature Certi?cate (DSC) for the Section 8 Company's intended directors. This certi?cate is necessary for online document submission to the Ministry of Corporate Affairs. Step 2: Obtain a Director Identi?cation Number (DIN) After acquiring the DSC, the potential directors will be allotted a Director Identi?cation Number, if not already obtained. The DIN is a unique identifying number given by the Ministry of Corporate Affairs (MCA) to persons seeking to be directors of a business in India. Step 3: Secure the Company's Name The next step is to reserve the prospective Company's name with the MCA. The Section 8 company name must be distinct and not comparable to any other company name. The company name is reserved by ?ling online application with MCA. Step 4: Submit the Incorporation Application Following the approval of the business name, the next stage is to apply for Section 8 business incorporation. The application for incorporation is submitted in e-forms, together with the Memorandum of Association and Articles of Association of the Company. Step 5: Obtain a Section 8 Company License Following the approval of the incorporation application, the Section 8 Company must get a license, which is allotted by the Central Registration Centre (CRC) Step 6: Obtain an Incorporation Certi?cate Following the receipt of the license, the MCA issues a Certi?cate of Incorporation in Form INC-16. This document validates the Section 8 Company's formation. Time required to register section 8 company in india In 12-15 working days, a Section 8 company can be formed. The time it takes to register will be determined by the client's submission of required paperwork and the speed with which government approvals are obtained. Please pick a distinctive name for your Company and make sure you have all of the essential paperwork before beginning the registration process. How seedling can help you with section 8 company registration Seedling can help you escape the burden of the Section 8 registration company process's dif?cult phases and proper documentation. You may rely on Seedling's expert services and licensing support. Most common question about our services Is there a maximum number of members in a Section 8 corporation? The number of members in a Section 8 Company has no upper limit. The ?rm can have as many members as it needs to achieve its goals. Is it necessary for me to be there in person to establish a Section 8 Company? No, physical presence is not required to form a Section 8 company. The incorporation procedure can be conducted online or with the help of legal specialists. What does Section 8 Company Registration in India serve? The major goal of Section 8 Company registration in India is to promote philanthropic, social welfare, and non-pro?t goals. Rather of paying dividends to shareholders, some ?rms are created to use their income to bene?t society.  Need Help? Chat with us Can a Section 8 company obtain foreign investment?  Need Help? Chat with us

3. Yes, Section 8 companies can obtain foreign capital with government clearance and in accordance with the Foreign Contribution (Regulation) Act, 2010. FCRA Registration NGO Darpan Registration    Book an online consultation Now Pay Now Chandigarh Spacejam, SCO, 50-51, Sector 34B, Sector 34, Chandigarh, 160022 +91 74288 99959 admin@seedlingassociates.com Limited Liability Partnership ESI and PF Registration GST Return Filing Trademark Enforcement FCRA Registration Partnership Firm Registration Start Up India Registration GST Cancellation Trademark Objection Section 8 Company Registration Producer Company Registration ISBN Registration 15CA / 15CB Certi?cations Trademark Registration in India NGO Darpan Registration Nidhi Company Registration Angel Tax Exemption TDS Return Filing Trademark Hearing Trust / Society Registration Sole Proprietorship Registration Startup Tax Exemption Filing Income Tax Returns Trademark Assignment FCRA Renewal Private Limited company registration Import Export Code (IEC) Registration GST Registration in India Trademark Litigation FCRA Annual Return Public Limited Company FSSAI License Registration 80G/12A Registration Gambling Licenses in India One Person Company Registration ISP & OSP License Online Gaming License Registration in Digital Signature (DSC) Registration India ISO registration in india Copyright Searches LEI Registration Copyright registration Embassy Attestation Copyright Enforcement MSME/UDHYOG Aadhar Registration Design Enforcement FIU-IND Registration Design Registration Process in India Labour Law Compliance in India Design Objection © 2024 SEEDLING SITE MAP CIN Number: U69100DL2022PTC403662 TERMS OF USE PRIVACY  Need Help? Chat with us  Need Help? Chat with us