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ROC Filing For Section 8 Company In Sikkim

ROC filing for a Section 8 Company in Sikkim involves submitting all required compliance documents and financial statements electronically via the MCA portal to ensure adherence to legal and regulatory norms. This includes annual returns, audited financials, and other statutory forms essential for maintaining active and compliant company status.

ROC Filing For Section 8 Company In Sikkim

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

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

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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 Sikkim

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

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

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 Sikkim

Overview - ROC Filing For Section 8 Company In Sikkim

In Sikkim, Section 8 companies registered under the Companies Act, 2013, with the objective of promoting charitable, social, or educational causes, are required to file annual returns and financial statements with the Registrar of Companies (ROC). These filings, known as Section 8 annual submissions, are similar to the requirements for Limited Liability Partnerships (LLPs) and other corporate entities. The process involves submitting all necessary forms and documents, including annual returns and financial statements, to the ROC to ensure ongoing compliance and maintain transparency.

WHAT IS A SECTION 8 COMPANY?

A Section 8 Company is a not-for-profit entity registered under the Companies Act, 2013, with the primary objective of advancing charitable, educational, scientific, social, or other welfare-oriented initiatives. Unlike traditional businesses, it does not distribute profits but reinvests all income to support its mission. To maintain its legal standing and credibility, the company is required to file annual financial statements, returns, and other statutory documents with the Registrar of Companies (ROC), ensuring full compliance, transparency, and public accountability.

Eligibility Criteria for ROC Filing – Section 8 Company In Sikkim

Registration Objective: The company must be registered under Section 8 of the Companies Act, 2013, with the primary aim of promoting charitable, educational, social, environmental, or other public welfare initiatives.

Incorporation Compliance: It should be properly incorporated as a Section 8 company with the Registrar of Companies (ROC) in Sikkim, adhering to all necessary registration and licensing procedures.

Defined Objectives: The Memorandum of Association must explicitly specify the organization’s non-profit objectives, with no provisions for profit sharing among members.

Management Structure: The company must be governed by a Board of Directors or a managing body, functioning in accordance with applicable legal and regulatory requirements.

Statutory Compliance: It is required to fulfill all statutory obligations, including maintaining accurate accounts, holding regular meetings, and submitting annual ROC filings.

Tax Registrations: The organization should obtain relevant tax registrations such as PAN and TAN, and comply with applicable tax laws and exemptions.

Advantages OF ROC Filing For Section 8 Company In Sikkim

Legal Recognition & Credibility: Prompt ROC filings confirm the company’s legal status, fostering trust among donors, stakeholders, and regulatory authorities.

Regulatory Compliance: Regular submissions ensure compliance with the Companies Act, 2013, reducing the risk of penalties, legal actions, or disqualification.

Transparency & Accountability: Annual financial and return filings promote transparency, which is essential for maintaining public confidence and organizational integrity.

Access to Tax Benefits: Adhering to compliance requirements enables eligibility for tax exemptions under Sections 12A and 80G, benefiting both the organization and its donors.

Attracting Funding & Support: A consistent compliance record enhances the organization’s credibility, increasing its chances of securing grants, CSR contributions, and private donations.

Operational Continuity: Timely filings help maintain the company’s active registration status, protecting its legal identity and ensuring uninterrupted operations.

Facilitates Expansion & Partnerships: A compliant status simplifies processes related to expansion, collaborations, and forming strategic alliances.

Reputation Enhancement: Maintaining regular legal compliance reflects professionalism and integrity, strengthening the organization’s public image.

 

Documents for ROC Filing of a Section 8 Company In Sikkim

  1. Identity & Address Proof (for Directors & Subscribers): Submit latest passport-size photo, PAN (mandatory), proof of address (Aadhaar/Voter ID/Driving Licence), and recent utility or bank statement (not older than 2 months); notarized passport with translation/apostille required for foreign nationals.

  2. Registered Office Proof: Provide sale deed and utility bill (if owned), or rent agreement, NOC from owner, and utility bill in owner’s name (if rented), all dated within the last 2 months.

  3. Digital Credentials & Director IDs: Obtain Class-3 DSC for all directors/subscribers and DIN via Form DIR-3 or automatically through SPICe+ Part B.

  4. Company Name & License Documentation: Reserve the name via RUN or SPICe+ Part A, then apply for Section 8 license using Form INC-12, along with MOA (INC-13), AOA, INC-14 (CA/CS/CWA declaration), INC-15 (subscriber declaration), a 3-year income-expenditure estimate, and a list of directors/promoters.

Online Process for ROC Filing For Section 8 Company In Sikkim

  1. Create User ID & Login: Log in to the Visit https://www.mca.gov.in Register on the MCA portal (mca.gov.in) to create a login ID and password.

  2. Reserve Company Name: Use RUN (Reserve Unique Name) or SPICe+ Part A to reserve the proposed company name online.

  3. Prepare Required Documents: Gather all necessary documents, including MOA, AOA, director IDs, address proofs, registered office proof, and other statutory declarations.

  4. File Incorporation Forms: Access SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) to fill and submit the incorporation application along with required attachments.

  5. Apply for Section 8 License (if applicable): File Form INC-12 for license approval under Section 8, attaching the necessary documents such as the proposed MOA, AOA, income-expenditure estimate, and director/promoter details.

  6. Pay Fees & Submit: Pay the prescribed registration and license fees online through the MCA portal and submit all applications electronically.

  7. Verification & Approval: The MCA will review the submitted documents. If everything is in order, the Registrar of Companies (ROC) in Sikkim will issue the Certificate of Incorporation and the Section 8 license.

  8. Post-Filing Actions: Once approved, obtain Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) if not already acquired, and complete any additional compliance filings.

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