Section 8 Company

Get Started – From Rs. 35,500/-

Section 8 Company is a company which is registered as a non for profit/ charitable organization having objects of promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any other objects, provided the profits, if any, is applied for promoting only the objects of the company and no dividend is paid to its members.

Section 8 Company is similar to a Trust or Society. However Section 8 Company has various advantages when compared to Trust or Society like improved recognition, better legal standing, higher credibility, etc. AuditNeeds will help in formation of Section 8 Company with ease and in quick time.

Startup Process Time:

AuditNeeds can incorporate a Section 8 Company in any part of India in 20 to 30 working days, subject to ROC processing time and timely submission of relevant documents by the Client.

Inclusion:

• DIN for 2 Directors.
• Digital Signature for 2 Directors.
• Name Approval.
• Licence from Regional Director.
• Drafting of MoA & AoA.
• Preparation of other documents and declarations required for incorporation.
• ROC and Government registration fees for DIN, DSC and Incorporation.
• Government Stamp duty fees.
• Company PAN card & TAN card.

Minimum Requirement for Section 8 Company Registration:

• Minimum 2 Shareholders
• Minimum 2 Directors
• Minimum Rs. 1 Lakh Share Capital

Documents Required for Section 8 Company Registration:

For Indian Nationals:

• Copy of PAN card of all directors.
• Copy of Voter’s ID/ Passport / Driver’s License / Aadhar Card of all directors.
• Passport sized photograph of all directors.
• Specimen signature (blank document with signature of all directors).
• Copy of latest bank statement / telephone or mobile bill / electricity bill in the name of all directors (Should not be older than 45 days).
• Copy of Rental agreement of office address.
• Copy of latest electricity bill and tax receipt in the name of landlord of office address.

For Foreign Nationals:

• Passport
• Address Proof like Driving license, etc
• Photo ID proof (Any government license or document containing Name in full, Photo and Date of Birth).

Note: The above documents needs to be notarized/certified by the Indian Embassy/ Consulate of the particular country