A Section 8 company is one that aims to register as a limited company with the primary objectives as follows:
Promotion of commerce, art, science, sports, education, research, social welfare, religion, environmental protection, or any other mission.
Dedication of profits for the fulfillment of the above-mentioned objectives.
Prohibition of dividend payments to its members.
These organizations provide an efficient and structured approach to conduct charitable activities for non-profit entities. They are limited companies but not required to use the suffix 'Limited' and are governed by the regulations outlined in Section 8 of the Companies Act, 2013."
What is Section 8 Company?
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Benefits of Section 8 Companies
Organized and Credible
Charitable or religious activities can be done in an organized manner and considered more credible than all other forms of charitable organizationsTax Benefits
Tax Benefits under different sections of Income Tax Act can be claimed on surplus left.Exemptions to Donors
Donors can claim deduction u/s 80G of Income Tax Act provided separate approval u/s 80G obtained.Zero Stamp Duty
Section 8 companies are exempt from payment of stamp duty applicable on the MOA/AOA of company
What we are offerring?
Name Approval (Up to 2 Name choices)
DSC of 2 Directors/Members
DIN of 2 Directors
Drafting of MOA/AOA
ROC Fees ( For Authorized Capital Up to ₹ 10 Lakh Only)
PAN & TAN Nos.
Assistance in Bank Account OpeningWrite your text here...
Documents Required
Two Unique and Desirable Proposed Name
Copy of Pan card of Proposed Director/Member
Copy of Pan card and Aadhar Card of Nominee
Copy of Proof of Identity (Aadhar Card/Voter Id Card/Passport/Driving License)
Copy of Proof of Residence (Bank Statement/Electricity Bill/Telephone/Mobile Bill
Passport Size photo of the Proposed Directors/Members
Proof of Business Premises (Electricity Bill/Mobile Bill/Telephone Bill and NOC)
Deliverables
Certificate of Incorporation
Pan Card of New Company
TAN No Of New Company
MOA and AOA
License Sec. 8