Section 8 Company Registration

A Section 8 Company is a type of non-profit organization in India, established under the Companies Act, 2013, with the primary objective of promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of the environment, or any other useful object. The income and profits of the company must be applied towards promoting these objectives and cannot be distributed as dividends to its members.

Key Features of Section 8 Company:

1. Non-Profit Motive: The primary purpose is to promote charitable objectives rather than earning profits.

2. No Minimum Capital Requirement: Unlike other companies, there is no minimum capital requirement.

3. Limited Liability: The liability of members is limited.

4. Separate Legal Entity: It has a distinct legal identity separate from its members.

5. Perpetual Succession: The company continues to exist irrespective of changes in its membership.

150+

10

Years of experience

Happy clients

Documents Required:

1. For Directors and Promoters:

   • PAN Card

   • Aadhaar Card or Voter ID or Passport

   • Passport-sized photographs

   • Proof of address (electricity bill, bank statement, etc.)

2. For Registered Office:

   • Proof of address (rent agreement, utility bill, etc.)

   • No objection certificate (NOC) from the property owner

Benefits of Section 8 Company:

1. Tax Benefits: Eligible for various tax exemptions under the Income Tax Act.

2. Credibility: Higher credibility compared to other non-profit structures like trusts or societies.

3. Limited Liability: Protects the personal assets of the directors and members.

4. Separate Legal Entity: Ability to own property and enter into contracts in its name.