Launch Your Section 8 foundation by our Company Registration Experts at Online Legal India™. With the best CAs/CSs Panel to handhold you through the entire process, the Drafting till Completion - all documentation of a Section 8 Incorporation is on us.
*Once you are Ready to Setup your Dream Company, you’ll receive Rs 999 adjustment from your selected package from us
*Once you are Ready to Setup your Dream Company, you’ll receive Rs 999 adjustment from your selected package from us
A company is referred to as Section 8 Company when it registered as a Non-Profit Organization (NPO) or Non-Governmental organizations (NGOs) i.e. when it has motive of promoting arts, commerce, education, charity, protection of environment, sports, science, research, social welfare, religion and intends to use its profits (if any) or other income for under section 8(1a, 1b, 1c) of the Companies Act, 2013.
No minimum capital limit has been mentioned for a Section 8 Company in India. And the capital structure may be altered at any stage as per the growth requirements of the company. This implies that it can be formed without any share capital.
A Section 8 Company is exempt from the requirement of paying stamp duty on the MoA and AoA of the private or public limited company. Which is applicable for registration of other kinds of company structures.
Those donating to a Section 8 Company are eligible for tax exemptions u/s 12A and 80G of the Income Tax Act.
A registered partnership firm can become a member in its individual capacity and obtain Directorship.
Section 8 Company does not need to suffix Limited or Private Limited, next to its legal name. It can be registered with names that have words like Association, Society, Council, Club, Charities, Foundation, Academy, Institute, Organisation, and Federation.
Section 8 Company is not allowed to raise capitals by way of deposits but they can accept donations from the general public. There is no limitation to domestic donations. But to avoid money laundering cases, a proper system must be laid down to keep them in check.
999
8999
19999
29999
* Excluding DSC and Govt. Fees
Fill our Registration Form & Make the Payment
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Share the required Documents after CAs Consultation
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Our Experts will start Drafting the Requirements
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Once DIN & DSC is registered we proceed for Business Name Approval Process
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Once Approved, your Section-8 Company is Registered.
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A company is referred to as Section 8 Company when it registered as a Non-Profit Organization (NPO) or Non-Governmental organizations (NGOs) i.e. when it has motive of promoting arts, commerce, education, charity, protection of environment, sports, science, research, social welfare, religion and intends to use its profits (if any) or other income for under section 8(1a, 1b, 1c) of the Companies Act, 2013.
