Section 8 company registration
A Section 8 Company is a non-profit organization registered under the Companies Act, 2013, with the primary objective of promoting social welfare, education, research, environmental protection, charity, sports, and similar activities. Unlike private or public companies, a Section 8 Company does not distribute profits among its members and must reinvest any earnings to achieve its objectives.
Process of Section 8 Company Registration
Obtain DSC & DIN – Directors must acquire a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for authentication.
Name Reservation – The company name must be approved through the MCA (Ministry of Corporate Affairs) portal.
MoA & AoA Drafting – The Memorandum of Association (MoA) and Articles of Association (AoA) must outline the company’s goals and structure.
MCA License Application – Apply for a license under
Section 8 of the Companies Act to obtain legal recognition as a non-profit entity.
Certificate of Incorporation – After document verification, the Section 8 Company Registration Certificate is issued, confirming official registration.
Benefits of Section 8 Company
Tax exemptions under 12A and 80G
Limited liability for directors and members
No minimum capital requirement
Eligibility for government grants and CSR funding
With the availability of Section 8 Company Registration Online, applicants can seamlessly complete the process by submitting necessary Section 8 Company Registration Documents via the MCA portal. The overall Section 8 Company Registration Cost varies depending on professional fees and government charges.
https://www.compliancecalendar.....in/section-8-compan
