Section 8 Company Registration Services

Advantages of Registering a Section 8 Company

• Limited Liability: - Members’ liability is limited to their share in the company, protecting personal assets from business risks.
• Legal Status and Recognition: - Section 8 Companies receive legal status as a registered non-profit, which helps in gaining donor confidence.
• Tax Exemptions: - Section 8 Companies enjoy tax exemptions under Section 80G and 12A of the Income Tax Act, increasing the appeal for donors and contributors.
• Credibility: - Being registered under the Companies Act adds credibility to the non-profit’s activities and makes it easier to access government and international grants.

Documents Required for Section 8 Company Registration

To register a Section 8 Company, certain documents need to be prepared and submitted to the Registrar of Companies (ROC). The list includes:

• Director Identification Number (DIN): – DIN is required for each director involved in the company.
• Digital Signature Certificate (DSC): – A digital signature certificate is necessary for signing electronic forms submitted to the ROC.
• Memorandum of Association (MOA): – The MOA outlines the company’s objectives and social purpose, showing that profit generation is not the goal.
• Articles of Association (AOA): – The AOA includes the company’s rules and regulations for operation and management.
• Identity Proof of Directors: – PAN card, Aadhaar card, passport, or driving license of each director.
• Address Proof of Directors: – Voter ID, Aadhaar, utility bill, or bank statement not older than two months.
• Proof of Office Address: – Rent agreement and NOC from the landlord, or ownership documents if the property is owned by the company.
• Income Tax Exemption Certificates: – For future exemption claims, the company can apply for Section 12A and Section 80G certificates.

Why ECS India

• Expertise and Experience
• Comprehensive Services
• Client-Centric Approach
• Cost-Effective Solutions
• Reliable & Trusted Partner

Process for Section 8 Company Registration

ECS India simplifies the Section 8 Company registration process by guiding organizations through the following steps:

• Obtain Digital Signature Certificates (DSC):- The directors must obtain DSCs to digitally sign the forms submitted to the ROC.
• Apply for Director Identification Number (DIN):- Each director must apply for DIN. This can be done online through the Ministry of Corporate Affairs (MCA) website.
• Name Approval Application (RUN Form):- The next step is to reserve a unique name for the company using the Reserve Unique Name (RUN) facility on the MCA portal. The proposed name should reflect the company’s purpose and avoid words indicating a profit-making activity
• Prepare MOA and AOA: – Draft the Memorandum of Association (MOA) and Articles of Association (AOA), ensuring they clearly state the charitable purpose and are free of profit motives.
• Filing Form INC-12 for License Application: –The company must submit Form INC-12 to apply for a Section 8 license from the ROC. ECS India assists in preparing the application, MOA, AOA, and other necessary documents, ensuring they comply with the requirements of the Companies Act.
• File Incorporation Forms: – Once the license is approved, Form SPICe+ (INC-32) is filed with the ROC along with supporting documents like the MOA, AOA, and affidavits for each director.
• Issuance of Certificate of Incorporation: – Upon verification, the ROC issues the Certificate of Incorporation, marking the official registration of the Section 8 Company. The company also receives a unique Corporate Identification Number (CIN).
• Apply for PAN and TAN: – Finally, the company must apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for compliance with tax regulations.

Fees for Section 8 Company Registration

The cost of registering a Section 8 Company includes government fees, professional fees for documentation, and application submission. ECS India provides a detailed fee structure, helping organizations understand all costs upfront. Fees may vary based on factors like the company’s authorized capital and additional certification requirements, but ECS India ensures competitive and transparent pricing for all services.