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Section 8 Company

"Start your Section 8 foundation with the help of our experts at vyapaar registration. Our experienced CAs will guide you through every step, handling all the paperwork from drafting to completion."

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Section 8 Company Registration

"A Section 8 Company is a non-profit organization or NGO focused on promoting causes like arts, education, charity, social welfare, sports, and more. It uses its profits or income solely for its charitable purposes, as per the Companies Act, 2013."

Advantages of Section 8 Company Registration

A Section 8 Company can be formed without any minimum capital, and its capital structure can be changed as the company grows.

OPCs must have their accounts audited every year, which builds trust with vendSection 8 Companies are exempt from paying stamp duty on their Memorandum and Articles of Association (MoA and AoA), unlike other types of companies.ors and lenders.

Donations made to a Section 8 Company are eligible for tax exemptions under sections 12A and 80G of the Income Tax Act.

A registered partnership firm can become a member and even take on directorship in a Section 8 Company.

Unlike other companies, a Section 8 Company doesn’t need “Limited” or “Private Limited” in its name. It can
use words like Association, Society, Foundation, Institute, or Academy.

Section 8 Companies cannot raise capital via deposits but can accept donations from the public. There are no limits on domestic donations, but a proper system must be in place to ensure transparency.

Documents for Section 8 Company Registration

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Section 8 Company Registration

Steps

01

Start Your Journey: Complete the Registration Form & Make Payment

02

Submit Required Documents After Expert CA Consultation

03

Expert Team Crafts Your Company Documents

04

Business Name Approval Process Begins

05

Your Section 8 Company is Officially Registered!

FAQ

A Section 8 Company is a non-profit organization formed under the Companies Act, 2013. It is set up with the aim of promoting arts, education, charity, science, social welfare, sports, and more. The profits are reinvested into the company’s objectives rather than distributed to its members.

No, there is no minimum capital requirement for a Section 8 Company. You can form it without any share capital, and the capital structure can be altered as per the growth of the company.

While a Section 8 Company can generate profits, these profits must be reinvested into the company to further its social, educational, or charitable objectives. Profits cannot be distributed to members or shareholders.

Yes, you can raise funds through donations and grants. However, you cannot raise capital by issuing shares or taking deposits from the public. There is no limit to domestic donations, but you need to ensure a proper system to prevent misuse.

A Section 8 Company enjoys tax exemptions under sections 12A and 80G of the Income Tax Act. Donations made to the company can also qualify for tax deductions for donors.

Section 8 Companies must comply with regulations outlined under the Companies Act, 2013. This includes filing annual returns, maintaining proper accounts, and ensuring transparency in their operations.

Yes, an existing trust, society, or partnership can be converted into a Section 8 Company, provided it meets the necessary legal criteria and complies with the requirements under the Companies Act, 2013.

The process of registering a Section 8 Company usually takes around 15 to 30 days, depending on the approval process and the completeness of the documentation.

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