Section 8 Company Registration

A Section 8 company registration in India has been introduced to encourage charitable activities, arts, science, education, and sports activities in India.
My Biz Development team simplifies legal processes for individuals and businesses. Our team of experts includes CA, CS, and other professionals with years of expertise in the industry. Our primary goal is to simplify legal processes for our clients. Over the years, we have helped thousands of founders start their entrepreneur journey by providing services like business registration, legal documentation, and more.
Looking for Section 8 Company Registration in India? From documentation to approval, we assist you in all at very reasonable charges.

Eligibility

• A Section 8 company in India requires a minimum of two individuals to be established.
• It must have a registered office located in India.

Benefits of Opening a Section 8 Company in India

• Section 8 companies in India get 100% tax exemption under the provisions of the Companies Act.
• These companies are required to pay stamp duty.
• Its members have liability limited to the shares subscribed by them.
• These companies do not have to fulfill any minimum capital requirement for incorporation.
• Donors contributing to Section 8 company get many tax benefits.
• They qualify for funding from government programs and international donors.
• They are usually seen as more credible than other forms of charitable institutions.

Documents Required for Section 8 Company Incorporation

Identity proof of all directors and subscribers

• Aadhaar card
• passport,
• Voter ID
• Driving license.

Address Proof:

• Utility bills
• rental agreements,
• Any other government-issued documents

Photographs:

Passport-sized photographs of all directors and subscribers.
Memorandum of Association (MoA):
Articles of Association (AoA):
List of Directors and Members:
Declaration by Directors and the Subscribers
Digital signatures of all the directors
Financial Projections:

Steps in the Section 8 Company Incorporation Process

• Fulfil all requirements for obtaining a director identification number (DIN) for all proposed directors.
• Fulfil legal requirements for getting digital signatures of all directors and share holders.
• Reserve a company name.
• Draft MoA and AoA
• submit your application to the Registrar of Companies (RoC).
• • Obtain your certificate of incorporation from the Registrar of Companion

Section 8: Company Registration Fees

• DSC & DIN: Approximately Rs. 3,000
• Company Name Reservation: Approximately Rs. 1,000
• Incorporation fees: Rs. 6,000-8,000*
• Notary and Stamps: Approximately Rs. 2,000
• Professional Fees: Rs. 8,000-10,000*

The time taken for registering a section 8 company in India will depend upon the time taken for submission of relevant documents and government approvals.

My Biz Development is your one-stop shop for technology-driven legal and advisory services. If you are looking to obtain Section 8 company registration in India, you can count upon our expertise to get it done quickly and efficiently. To get quotes or advice, feel free to call or mail us.