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ROC Filing For Section 8 Company In Madhya Pradesh

ROC filing for a Section 8 Company in Madhya Pradesh requires submitting annual returns and financial statements to the MCA, ensuring legal compliance, active status, and continued access to tax and funding benefits.

ROC Filing For Section 8 Company In Madhya Pradesh

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Why Should I Use Auriga Accounting For ROC Filing For Section 8 Company In Madhya Pradesh ?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your ROC Filing For Section 8 Company In Madhya Pradesh.

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Our team of experts will get in touch with you and collect all necessary documents and details

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We fill out and file your application for ROC Filing

Complete your ROC Filing

Ready Your ROC Filing For Section 8 Company In Maharashtra

Why Should I Use Auriga Accounting For ROC Filing For Section 8 Company In Madhya Pradesh ?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your ROC Filing For Section 8 Company In Madhya Pradesh.

book appointment

Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for ROC Filing

Complete your registration

Ready Your ROC Filing For Section 8 Company In Madhya Pradesh

Overview - ROC Filing For Section 8 Company In Madhya Pradesh

Section 8 companies in Madhya Pradesh, established as non-profit organizations, must follow specific compliance procedures with the Registrar of Companies (ROC). This begins with obtaining Digital Signature Certificates (DSCs) and Director Identification Numbers (DINs) for all directors. The next step involves filing name reservation and license application forms with the Ministry of Corporate Affairs (MCA). Once the license is granted, the SPICe+ form must be submitted for company registration, leading to the issuance of a Certificate of Incorporation. Additionally, annual compliance includes mandatory filings such as Form AOC-4 for financial statements and Form MGT-7 for annual returns.

WHAT IS A SECTION 8 COMPANY?

A Section 8 Company is a type of Non-Governmental Organization (NGO) formed when a group or entity registers with the primary aim of utilizing its profits (if any) solely for promoting objectives such as education, art, commerce, charity, science, research, sports, environmental protection, social welfare, or religion. Although the term “Limited” is not used in its name, it is legally treated as a limited company under the Companies Act, 2013.

Eligibility Criteria for ROC Filing – Section 8 Company In Madhya Pradesh

  • Minimum Directors: At least 2 directors for a private company structure. Minimum 3 directors if registering as a public limited company

  • Resident Director: At least one director must be a resident of India

  • Non-Profit Objectives: The company must operate with charitable or non-profit objectives such as education, social welfare, environment, art, or science

  • Profit Utilization: Any profits or income must be used solely for advancing the company’s stated objectives. Profit distribution to members is strictly prohibited

  • Digital Signature Certificates (DSC): Obtain DSCs for all proposed directors to sign electronic documents

  • Director Identification Numbers (DIN): Acquire valid DINs for all directors through the MCA portal before incorporation

Advantages OF ROC Filing For Section 8 Company In Madhya Pradesh

  • Legal Recognition: Establishes the company as a legally recognized entity under the Companies Act, 2013.

  • Tax Exemptions: Enables the company to avail income tax benefits and other exemptions applicable to non-profits.

  • Enhanced Credibility: Increases trust among donors, government bodies, and stakeholders through transparent operations.

  • Limited Liability Protection: Safeguards the personal assets of members by limiting their liability to the extent of their contributions.

  • Access to Government & Foreign Funding: Improves eligibility for grants, CSR funds, and donations from both domestic and international sources.

  • Regulatory Compliance: Ensures timely adherence to statutory requirements and reduces the risk of penalties.

  • Perpetual Existence: Grants the company ongoing legal status, regardless of changes in membership or management.

Documents for ROC Filing of a Section 8 Company In Madhya Pradesh

  • Identity & Address Proof for Directors: PAN, Aadhaar, passport (for foreigners), voter ID/driving license, recent bank statements, and passport-size photos are required for KYC verification of directors.

  • Registered Office Proof: Provide a rent agreement or ownership proof, utility bill, and a No Objection Certificate (NOC) from the owner, confirming the company’s registered office address.

  • Company Formation Documents: Include MOA, AOA, INC-14 declaration, DINs, and DSCs to establish company structure and fulfill incorporation requirements.

  • Other Essential Documents: Submit RUN application for name approval, pay applicable stamp duty, and apply for PAN and TAN post-registration

Online Process for ROC Filing For Section 8 Company In Madhya Pradesh

  1. Obtain DSC and DIN: Get a Digital Signature Certificate (DSC) for all proposed directors and apply for Director Identification Number (DIN) via Form DIR-3.

  2. Name Approval and License Application: Use the MCA’s RUN service website at www.mca.gov.in to reserve a unique company name, then file Form INC-12 with MOA and AOA for Section 8 license approval.

  3. File SPICe+ Form for Incorporation: Submit the SPICe+ form along with properly drafted MOA, AOA, and supporting documents to initiate incorporation.

  4. Receive Certificate of Incorporation: On approval, receive the Certificate of Incorporation (COI) and Company Identification Number (CIN) from the ROC.

  5. Obtain PAN and TAN: Apply for the company’s PAN and TAN immediately after incorporation for taxation purposes.

  6. Open Bank Account: Set up a company bank account in the name of the incorporated Section 8 company.

  7. Fulfill Annual Compliance: Ensure timely filing of annual returns (MGT-7), financial statements (AOC-4), and conduct statutory audits to stay compliant.

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2023-06-10
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2023-04-07
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2023-04-07
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