Section 8 Company Registration

Section 8 company helps you setup an NGO to help people. Contact taxxa and embrace the feeling of altruism through Section 8 Company Registration.

Rs. 31999 /- only
About Section8 Section8 Benefits Documents Required Section8 Name Service Procedure

What is a Section 8 Company Registration ?

Section 8 companies are companies registered under the Companies Act of 2013, with charitable objectives. These companies are dedicated to promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any other purpose beneficial to the society. Section 8 companies are granted tax exemptions and have limited liabilities.

What are the benefits of section 8 company

 Section 8 companies have a number of benefits including 

Tax exemptions:

Section 8 companies are eligible for tax exemptions under Section 8 of the Companies Act, 2013.

Financial Assistance:

Section 8 companies are eligible for financial assistance from the government.

Favorable Policies:

Section 8 companies are eligible to take advantage of government policies and subsidies. Brand Recognition: A Section 8 company attracts better recognition from the public and other organizations.

Good Governance:

The Companies Act 2013 lays down stringent norms for the functioning of a Section 8 company. This ensures good governance and transparency in operations.

Documents Required

To register a Section 8 company, you will need to prepare and file the following documents: 

  • Application for Incorporation
  • Memorandum of Association 
  • Articles of Association 
  • Form of List of Directors, Managers and Secretary
  • Declaration of Compliance 
  • Consent for Nomination of Directors 
  • Consent for Appointment of First Directors 
  • Form of Notice of Situation of Registered Office 
  • Declaration of Solvency  
  • Notice of Situation of Registered Office
  • List of Directors, Managers and Secretary
  • Form of Consent for Appointment of Company Secretary 
  • Consent to Act as Director 
  • Consent for Appointment of First Auditor 
  • Consent for Appointment of Company Secretary 
  • Form for Filing Notice of Situation of Registered Office
     
  • Form for Filing List of Directors and Secretary 
  • Form of Application for Certificate of Incorporation 
  • Agreement with the Proposed Company Secretary
  • Form of Declaration by First Subscribers 
  • Form of Declaration of Compliance 
  • Form of Consent to Act as Director 
  • Form of Consent for Appointment of First Director 
  • Form of Consent for Appointment of First Auditor 
How to choose a name?

Section 8 Company Name Format and Formulation

Company act 2013

 Company Act 2013 of India (the Act) is the latest legislation governing companies in India. It provides the legal framework within which companies operate. The Act replaced the Companies Act 1956 and was meant to bring India's corporate regulations in line with modern global standards. The Act provides a comprehensive framework for the regulation of all types of companies, including public and private companies, listed and unlisted companies, small and large companies, and companies with multiple layers of ownership.

Unique name

To search for the unique name for section 8 company registration, you first need to go to the Ministry of Corporate Affairs (MCA) website. From there, you can use the 'Name Availability Tool' to search for existing names. You can enter the desired name to check if it is available or not. If the search results show that the name is available, you can proceed to register your section 8 company with that name.

Time needed

 Depending on the type of company that is registered, it generally takes anywhere from 15-20 days for the registration of the company. However, if additional documents or paperwork is required, the time may be longer.

Procedure

 To register a Section 8 Company in India, you need to submit the following documents and information to the Registrar of Companies (ROC):

Day 1-4

  • Application for reservation of name 
  • Memorandum and Articles of Association
  • Declaration of compliance with the Companies Act 
  • Consent of the first directors  

Day 5-12

  • Declaration of compliance with the Corporate Social Responsibility (CSR) 
  • List of directors, their addresses, and other particulars 
  • Affidavit and Undertaking of the directors

Day 13-19

  • Consent of the professional whose certificate is appended 
  • Proof of registered office address 
  • Any other documents or information required by the ROC.

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