Easy Process to Register Section 8 Company
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What is a Section 8 Company?
The term section 8 company refers to any company within the research, social welfare, sports, charity, art, science, education, religion or environmental protection industries, provided it is functioning as a charitable or a not-for-profit organisation.In other words, the profits earned by the company go towards enhancing their work. A section 8 company is typically regulated by Indian Companies Act, 2013.
While some people do confuse section 8 companies with Trusts, it’s important to understand that even though the two may function in a similar manner, there is a major difference that sets them apart – the company registration of a section 8 company falls under the Ministry of Corporate Affairs, while the company registration of a Trust falls under State Government regulations.
Advantages of a Section 8 Company
Greater Credibility
There is no requirement to hold annual or Extra Ordinary Meeting. Only the resolution shall be communicated to the members. Only one Board Meeting is required to be done in each half of the calendar year. The provisions of Section 174 of the Companies Act, 2013 relating to quorum of meetings for Board is not applicable on OPC.
Company name
If you are not interested in the registration of a pvt. Ltd, then note that section 8 companies can be registered without the use of these words in the name.
Easy registration process
Company registration in India can often be a tedious process, however this is not the case with section 8 companies. Company owners do not have to pay stamp duty or set aside a minimum paid-up capital.
Quick Registration
It can take as little as 30 days to register a company.
Tax Deductions
Donors can enjoy tax deductions under u/s 12AA and u/s 80G of the Income Tax Act, which should make it easier to get stakeholders and donors involved.
Other Services
Trademark Registration
Rs.5,999/-
Brand Copyright
Rs.3,999/-
FSSAI Registration
Rs.3,999/-
FSSAI License
Rs.6,999/-
Business Plan
Rs.39,999/-
Financial Projection
Rs.29,999/-
GST Registration
Rs.1,999/-
ISO Registration
Rs.7,999/-
Terms and Conditions
Rs.8,999/-
Registration Process Flow
1-2 HOURS
2 WORKING DAYS
10-15 WORKING DAYS
2-3 WORKING DAYS
3-4 WORKING DAYS
Select Package
At Our Startup India, we offer a range of packages to suit your needs. Start by selecting the appropriate one, fill out the required forms, or simply speak to our experts online for assistance.
Get Your Name approved By Run
Application for name availability must be made in the “Reserve Unique Name” facility. The name of Section 8 Company shall include the words Foundation, Forum, Association, Federation, Chambers, Confederation, Council, Electoral Trust, etc. You can propose a maximum of 2 names at a time and 1 resubmission is allowed in the RUN facility.
Fill the INC-13 form
INC-13 form includes the Memorandum of Association(MOA) and Articles of Association(AOA), which highlights the scope of work of the company.
Obtain approval From the Central Government
We help you file the INC-12 form after gaining name approval. Once this is approved, you will obtain the section 8 company license.
Fill SPICe 32 form
This will conclude the process of company registration as a section 8 company.
Documents Required
Minimum criteria
- Minimum of two shareholders.
- There must be a minimum of two Directors (Directors and shareholders can be the same person).
- At least one of the Director shall be the resident in India.
- There is No requirement of Minimum capital.
Documents for Directors
- Self Attested Copy of Pan Card.
- Self Attested copy of Aadhaar Card / Passport / Driving License / Voter Identity Card
- Passport size photograph
- Self Attested Copy of Telephone Bill / Mobile Bill
- Self Attested Copy of Electricity Bill / Water Bill
- Self Attested Copy of Bank Statement /Bank Passbook with the latest transaction
Document For Registered Office
- No-Objection letter from the Owner of Address to use the
address of the registered office of the Company. - Electricity Bill/Telephone Bill /Gas Bill/ Water Bill
-To be signed by the of the Owner of Premises
Simple & Transparent Pricing
Basic Package
Save upto-10% cost on this package
14,999
(inclusive All)
- Name Search Report
- Name approval in RUN (Reserve Your Unique Name)
- DSC(2no) (Extra Dsc Per Director – Rs-1000)
- Filing Spice Form
- Issue of Incorporation certificate along with PAN & TAN
- Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
- Msme Registration
- Share Certificate (Soft Copy)
Growth Package
Save upto-20% cost on this package
16,999
(inclusive All)
- Name Search Report
- Name approval in RUN (Reserve Your Unique Name)
- DSC(2no) (Extra Dsc Per Director – Rs-1000)
- Filing Spice Form
- Issue of Incorporation certificate along with PAN & TAN
- Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
- Msme Registration
- Share Certificate (Soft Copy)
- GST Registration
- Trademark Registration
- 1month free GST filing
- NDA
Premium
Save upto-30% cost on this package
29,999
(inclusive All)
- Name Search Report
- Name approval in RUN (Reserve Your Unique Name)
- DSC(2no) (Extra Dsc Per Director – Rs-1000)
- Filing Spice Form
- Issue of Incorporation certificate along with PAN & TAN
- Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
- Msme Registration
- Share Certificate (Soft Copy)
- GST Registration
- Trademark Registration
- 1month free GST filing
- NDA
- Guideline for Startup India Registration.
- Stamp and Company Seal
- Bank – Current Account Opening
- 10% Discount on Future Service
FAQs on Section 8 Company
A Section 8 company is a charitable or not-for-profit organization and is registered under the Indian Companies Act, 2013.
A section 8 company is regulated by the Central government, while a Trust falls under the purview of the state government. Due to this, section 8 companies are considered to be more credible, which makes it easier to attract donors.
There is no minimum capital required. It is up to the discretion of the shareholders and directors.
A section 8 company requires a minimum of two directors for company registration in India.
A section 8 company requires a minimum of two shareholders for company registration in India.
Individuals living outside India cannot form a section 8 company unless it is in partnership with an individual residing in India.
Yes, one person company may transform itself into a private/ public company, and then regeneration of such private/public organization into Section 8 is reasonable.
Yes. As per ‘rule 8(7) of the Companies (Incorporation) Rules, 2014’, for the Companies under ‘Section 8 of the Act’, the name should include the words like foundation.
Yes, a NRI or Foreign National can be a Director in a Section 8 Company after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident India.
Memorandum of association is the charter of the company and defines the scope of its activities.
An article of association of the company is a document that regulates the internal management of the company.