Charges includes only Professional Fees. It excludes Digital Signature Certificate and Government Filling fees.
 
Non profit making company registration for welfare or social work.
 
YOU WILL GET
Company Name Approval
Incorporation Certificate
PAN Card
TAN and TDS Number
DIN for 2 Directors
Digital Signature Token 
AOA: Articles of Association
MOA: Memorandum of Association
 
Section 8 Company Registration Services
A Section 8 Company, also known as a non-profit organization, aims to foster charitable activities, promote arts, science, education, sports, and other social causes. CFMToday offers comprehensive services for registering Section 8 companies in India, ensuring a hassle-free and professional experience. Contact CFMToday today to avail of our expert assistance in establishing your Section 8 Company.
Definition of Section 8 Company – Companies Act, 2013
As per the Companies Act 2013, a Section 8 company is an entity whose objectives include promoting various charitable, educational, scientific, environmental, and social welfare activities. These companies utilize their profits solely for advancing their mission and do not distribute dividends to their members.
Overview of Section 8 Company Registration
A Section 8 Company is established to advance non-profit objectives such as education, social welfare, environmental preservation, and more. The registration process aligns with the provisions of the Companies Act 2013.
Registering a Section 8 Company encourages non-profit endeavors like arts, commerce, education, charity, and environmental protection. Unlike public limited companies, Section 8 entities have no minimum capital requirement, and only a minimum of two directors are needed to set up such a company.
Key Points about Section 8 Company
NGOs in India can register under the Registrar of Societies or as a non-profit entity under Section 8 of the Companies Act 2013.
Profits generated by Section 8 Companies are strictly utilized for charitable purposes and cannot be distributed among shareholders.
Section 8 Companies, previously known as Section 25 Companies under the Company Act 1956, now operate under the prevailing Company Act as Section 8 Companies.
These entities must adhere to the regulations of the Companies Act 2013, including maintaining books of accounts, filing returns with the Registrar of Companies (ROCs), and compliance with GST and IT Act.
Any amendments to charter documents like Articles of Association (AoA) and Memorandum of Association (MoA) require government approval.
Benefits of Opening a Section 8 Company in India
Incorporating a Section 8 company in India offers various advantages:
Tax Exemption: Section 8 companies registered under section 12AA of the Income Tax Act enjoy 100% tax exemption on profits used for charitable purposes.
No Minimum Capital Requirement: Unlike public limited companies, Section 8 entities have no minimum capital requirement, providing flexibility in capital structure.
Separate Legal Entity: Section 8 companies have a distinct legal identity and perpetual existence, enhancing credibility and legal standing.
Increased Credibility: Strict legal compliance frameworks contribute to the credibility of Section 8 companies, making them more trustworthy.
No Title Required: Section 8 companies have the flexibility to choose a name without the mandatory "Section 8" suffix.
Eligibility Criteria for Incorporation of the Section 8 Company
To establish a Section 8 company in India, certain eligibility criteria must be met:
An Indian national or Hindu Undivided Family (HUF) can incorporate a Section 8 Company.
The entity must have at least one director.
The primary objective of the Section 8 Company should align with promoting art, science, sports, education, charity, or providing financial assistance to individuals from lower-income groups.
Mandatory Legal Requirements for Section 8 Company
Before initiating the incorporation process, specific legal requisites must be fulfilled:
Number of Directors: A minimum of two directors for private limited companies and three for public limited companies.
Number of Members: Private limited companies limited to 200 members; no such limit for public limited companies.
Capital Requirement and Name: No minimum paid-up capital required, and the company name should reflect non-profit objectives.
Company Objects: The Memorandum of Association (MoA) and Articles of Association (AoA) must clearly state non-profit objectives.
Documents Required for Section 8 Company Incorporation
The following documents are necessary for Section 8 company incorporation:
Articles of Association (AOA) and Memorandum of Association (MOA)
Declaration by the first director(s) and subscriber(s)
Proof of office address
Copy of certificate of incorporation (COI) of an overseas corporate body
Resolution passed by the promoter company
Consent of Nominee (INC-3)
Residential and identity proof of nominees and subscribers
Applicant's identity and residential proof
Digital Signature Certificate (DSC)
Declaration of unregistered companies
Section 8 Company Incorporation Process
The incorporation process involves several steps:
Obtain Digital Signature Certificate (DSC): Apply for DSC for proposed directors.
Obtain Director Identification Number (DIN): Apply for DIN for proposed directors.
Reserve the Company Name: Reserve a unique name for the company with the MCA.
File the Application for Incorporation: File the application for incorporation along with MOA and AOA.
Obtain a License for Section 8 Company: Obtain a license for the company.
Obtain a Certificate of Incorporation: Upon approval, receive a Certificate of Incorporation from the MCA.
Donations/Funding of Section 8 Company
Section 8 companies can accept donations from the public but cannot collect capital through deposits. They can raise funds through various methods, including foreign donations, equity funding, and domestic donations, subject to regulatory requirements.
Streamline Section 8 Company Registration with CFMToday
CFMToday is your trusted partner for Section 8 company registration in India. Our expert assistance and seamless online platform simplify the registration process, ensuring compliance with all legal formalities. Contact CFMToday now to embark on your Section 8 company registration journey.