Section 8 Company Registration. If you own a company or are about to start one, for a charitable and not-for â€“profit purpose , then it is beneficial for you to get it registered . Therefore , here we shall guide you about what is a section 8 company , what are its basic requirements , documents needed for registration and the process of the same.
What is Section 8 Company? A Section 8 company is a company which is registered as a non-profit organization.
Here, a Non- profit organization /company refers to a Company which has its object as the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment and intends to apply its profits, if any, or other income in promoting its objects. A Non-profit making company prohibits from paying any Dividend to its members.
Documents Required for Section 8 Company Registration. • • • •
Copy of PAN card of the director/promoters Copy of (Voter ID/Aadhaar Card/Driving License/Passport)as an ID proof Copy of (Electricity Bill/Telephone Bill/Mobile Bill/Bank Statement) as an Address Proof Also the NOC from the landlord as well as his/her identity and address proof ( if the property is rented )
• Latest passport size photograph of the director/promoters • Consent to act as director in form DIR2 • Directors directorship details in other companies/LLP’S
Procedure for Registering Society 8 Company: • The first step in registering your company is to apply for DSC and DIN for the Directors. • After completing first step, next comes your company name. Name for the company should be
unique otherwise the application would be rejected. • When the name is approved, as Section 8 company , then you have to apply for license in order to carry out the charitable object. • Then file necessary forms for obtaining Certificate of Incorporation. Certificate of incorporation will be released when the Forms are approved. • Apply for your Company PAN and TAN. It takes around 20 days to incorporate Section 8 company. It is always beneficial to have a registered company as it provided a legal status to the company and thus holds the power to sue and be sued in the company name.
How to register your Section 8 Company using LegalRaasta? We at LegalRaasta have helped over many companies with Section 8 registration. To get your Section 8 company registered from us, you can
• Go to our website www.legalraasta.com and select Section 8 company registration. • Fill our online questionnaire. • Select a package. You can choose for additional services like trademark and service tax registration and pay accordingly.
• We will take care of the rest. Hope this was helpful. If you have any queries contact us at (+91) 875 000 8585.