Section 8 Company Overview
Section 8 Company is named Section 8 of the Companies Act, 2013, which pertains to a established ‘for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object’, provided the profits, if any, or other income is applied for promoting only the objects of the company and no dividend is paid to its members. Therefore, Section 8 Company or Section 25 Company is a company registered under the Companies Act, 2013 for charitable or not-for-profit purposes.
A Section 8 Company is similar to a Trust or Society; expect, a section 8 Company is registered under the Central Government’s Ministry of Corporate Affairs. Trusts and Societies are registered under State Government regulations. A section 8 company has various advantages when compared to Trust or Society like improved recognition and better legal standing. Section 8 company also has higher credibility amongst donors, Government departments and other stakeholders.
- Minimum 2 Directors (For Pvt. Ltd. NGO) & 3 Directors for (Public Ltd. NGO)
- Digital Signature Certificate (DSC) for all directors
- Minimum 2 Shareholders (For Pvt. Ltd. NGO) & 7 Shareholders(For Public NGO)
- Director Identification Number (DIN) for all Directors
- Address Proof for proposed office (Electricity,telephone Bill)
- Directors and shareholder can be same person
Steps Involved in Company Registration
Preparation of application
- Our Experts will call you and guide you about company registration.
- Mahapreneur mail you required documents list.
- Mahapreneur collect all necessary documents.
Drafting of application
- Mahapreneur gather your information and documents and verify it.
- Mahapreneur prepare your application in prescribed format.
- Mahapreneur submit your application to concerning Governmental authorities.
- after processing of application concerned authority issue you incorporation certificate.
Get In Package
- Incorporation Kit (MOA, AOA , Certificate)
- PAN Card & TAN Card
- Share Certificate Book
- Statutory Register
- DSC’s of all directors
- Domain name & Hosting *
- Custom Mail id’s *
- Flat 10% Discount on other services of Mahapreneur.com
- Free Advertising and listing on Mahapreneur.com
- Free Legal Services
- Professional Charges.
- Government charges and out of pocket expenses are not included.
- You get all slips and bills of government fees and out of pocket expenses.
- Payment Can be done in 2 EMI option
- Call on 9730252210 for more Information.
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