Section 8 Company Registration (NGO)

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Concerns Related to Section 8 Company

  • Ideal business structure for NGO’s and Non Profit Organizations
  • First of all, the partners have to apply for Digital signature and DPIN. Digital signature is an online signature used of filing and DPIN refer to Directors PIN number issued by MCA. If the directors already have DSC and DPIN, then this step can be skipped..
  • You to provides 3 different name options to MCA of which one will be selected. Names provided should ideally be unique and suggestive of company business.
  • The Registrar of Companies may require the applicant to furnish the approval or concurrence of any department,regulatory body, appropriate authority, or Ministry of the Central or State Government(s) in relation to the work to be done.
  • Once the licence is obtained, one needs to draft Memorandum of association and Articles of Associate. But the object of the company must always be a charitable object. Both MOA and AOA are filed with the MCA with the subscription statement..
  • Then you need to apply for PAN and TAN. PAN and TAN are received in 7 working days. Post this, you can submit the Incorporation certificate, MOA, AOA and PAN with bank to open your bank account.

    Obtaining Section 8 Company Licence :

    • After the company’s name is approved, one needs to apply for a Section 8 Company licence from the MCA.The Registrar will wait for 30 days for objections, if any, of any person pursuant to notice published in newspapers.The Registrar might also consult any other regulatory bodiesandnecessary authorities.
    • Thereafter, the Registrar of Companies may,at its discretion, grant the licence with or without certain conditions. The Registrar may direct the company to insert in its memorandum, or in its articles, or partly in one and partly in the other, such licencing conditions as may be specified by the Registrar in this behalf.

    What is Section 8 Company Registration?

    A Section 8 Company is an organization which is registered as a Non-Profit Organization (NPO). NPO/company has its objective of promotion of arts, commerce, charity, education, protection of environment, science, social welfare, sports, research, religion and intends to apply its profits, if any, or other income in promoting its objects. It functions exactly like a limited company including all the rights and obligations that come with such a company. However, it differs from a company in one very crucial aspect, i.e. it cannot use the words “Section 8” or “Limited” in its name.
    The income of the Company must be used to promote only charitable objects and cannot pay any dividend to the members of the company. The central government provides an incorporation certificate to all such companies and also informs them about some restrictions and conditions. In case they don’t fulfil them, the central government may also order them to wind up the company. In case fraud objectives of the Company are proved, legal action will be taken against all officers of the Company.Section 8 Company Registration can be done

    What Is Included In Our Section 8 Company Registration Package?

    • DIN for 2 Directors

    • MOA/AOA

    • DSC for 2 Directors

    • Registration Fees

    • Name search & approval

    • Company Pan Card

    Eligibility for Section 8 Company Registration

    • Object must be Charitable or to promote arts, science, commerce etc
    • Intends to apply all its profit in promoting the objectives
    • Assures the prohibiting of the payment of dividends to any of its members

    Documents Required For Company Registration

    • Pan Copy of each proposed Director/Share Holder

    • Aadhar Copy/ Passport/ Driving License/ Voter ID of each proposed Director/ Share Holder

    • Bank Statement/ Mobile Bill/ Land line Bill/ Electricity Bill (in the name of the each proposed Director/ Share Holder) aPassport Size Photographs - 5 (for each proposed Director/ Share Holder)

    Procedure for Section 8 Company Registration

    Complete our registration form

    Obtain DSC and DIN from us

    Verification & Name Approval

    Apply for Licence

    Your Licence is Ready

    Frequently Asked Questions

    1Is it necessary to have 2 directors for Section 8 Company Registration?
    Yes, you need a minimum of two directors for a section 8 company registration.
    2For incorporation of Section 8 Company, do i have to be present in person?
    The entire procedure is 100% online and you don’t have to be present at our office or any other office for incorporation. A scanned copy of documents has to be sent via mail.
    3Are there any other payments to be made for incorporation certificate in addition to fee paid at the time of registration?
    There is absolutely no other payment. We will send you an invoice that is all-inclusive, with no hidden charges.
    4Is it necessary to have a charitable object to register a Section 8 Company?
    Yes, it is necessary to have a non-profit motive to incorporate a Section 8 company.
    5What is the life span of the Section 8 company?
    The life span of the company is not dependent on or related to the life of any particular person(s) or individual(s). It could go on indefinitely until it accomplishes its objective, merges with another such company, or goes bankrupt.

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