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Auriga Accounting has a team of registration experts who can provide complete guidance to register your Section 8 Company.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for registration
Your Section 8 Company is registered
Auriga Accounting has a team of registration experts who can provide complete guidance to register your Section 8 Company.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for registration
Your Section 8 Company is registered
A Section 8 Company, Trust, and Society all serve charitable or non-profit objectives, but differ in their legal structures. A Section 8 Company is a registered entity under the Companies Act, offering limited liability to its members and regulated by the Ministry of Corporate Affairs. A Trust is governed by a trust deed, managed by trustees, and regulated by state-specific Trust Acts. A Society is formed under the Societies Registration Act, managed by a governing body or managing committee, and operates under bylaws. While all aim for social welfare, their legal frameworks, governance structures, and regulatory oversight vary.
A Section 8 Company, as per Indian Companies Act, is a non-profit organization formed for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of the environment, or any other noble cause. It’s incorporated with the objective of promoting social welfare and charity work without any intention of making profits. Section 8 companies enjoy several benefits, including tax exemptions and limited liability for their members. They must use their income and assets only for promoting the specified objectives and cannot distribute profits among members. Such companies play a vital role in addressing social issues and driving positive change in society.
Section 8 of the Companies Act, 2013, pertains to the formation of non-profit organizations or companies with charitable objectives. Such companies are established for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of the environment, or any other similar objective. These companies intend to apply their profits, if any, or other income solely for promoting their objectives, and they prohibit the payment of dividends to their members. They must also ensure that their assets are used for promoting their objectives, and in the event of dissolution, any surplus assets must be transferred to another Section 8 company or a similar organization.
The primary feature of a Section 8 company is that it is not formed for profit, and any income or profits earned are used solely for the promotion of its objectives. Additionally, the company must have a minimum of two shareholders and two directors, with the directors being responsible for managing the affairs of the company. Auriga Expert usually complete the Section 8 company within 5-6 days.
Auriga Accounting Private Limited has Qualified company sectaries all over India, Hauz Khas, and Green Park. SECTION 8 Company registration in India will be done by our qualified professionals In Delhi and as they have experience, they will give you the certificate within 7-10 days and provide you with all the documents related to the company immediately
Auriga Accounting Private Limited in India provides Company Registration at a reasonable price or if Section 8 Company Registration from us then we give you a special discount. Our services are value for money and you never paid a penalty. Our clients are all over India i.e., Chhattisgarh, Assam, Maharashtra, Uttar Pradesh, Delhi, Madhya Pradesh, Bihar, and many other states, and they are very happy with us. We also give you time-to-time updates with full transparency.
Steps | Fees |
Digital Signature Fees | ₹ 3000 |
Government fees ( Stamp Duty) | ₹ 1500 |
Professional Fee | ₹ 3499 |
Total cost | ₹ 7999 |
For those Individuals and companies who do not have any knowledge regarding SECTION 8 Company Registration, our company Representative team provides knowledge, give relevant information, and explains the full process with proper guidelines, government rules, and regulations.
We tell you what benefits you will get by opening a Section 8 Company and, we tell you about all the compliance related to it. We start telling through messages. so that, when the last date or time comes, So, at the time of compliances, Client gets prepared about the company compliances.
The best thing about us is that our clients also tell us, that we give equal time to everyone, we are very happy that our work is liked by our clients, who are sitting in different states, i.e., Andhra Pradesh, Arunachal Pradesh, Goa, Gujrat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, and many more states. They cannot come to us, We Cannot go to them, but we are just connected through phones or E-mail. If the client gets satisfied with our work, then it is known that Auriga Accounting did a good job today.
No, Section 8 companies are generally exempt from paying income tax on their income derived from activities aligned with their objectives, such as social welfare, education, or research. This exemption is granted underSection 12AA of the Income Tax Act, 1961.
However, there are few exceptions:
There are no minimum requirements in terms of capital or shareholding for starting a Section 8 company. However, it must have:
Whether a Section 8 company needs GST registration depends on its annual turnover and activities. If the company's turnover exceeds the prescribed threshold (currently 40 lakhs in most states), it needs to register for GST. Additionally, even if the turnover is below the threshold, registration might be necessary if the company:
Converting an existing company into a Section 8 Company involves the alteration of the company's Memorandum and Articles of Association and obtaining approval from the Registrar of Companies (RoC). You will need to meet the eligibility criteria, prepare the necessary documents, and follow the prescribed procedure as per the Companies Act, 2013.
A Section 8 Company can be either a private or a public company, depending on its structure and the number of members. It follows the same classification criteria as other companies under the Companies Act, 2013.
You can check the registration status of a Section 8 Company by searching the Ministry of Corporate Affairs (MCA) portal in India. The MCA provides online access to information about registered companies, including Section 8 Companies.
There is no maximum limit for the number of members in a Section 8 Company. The company can have any number of members as required for achieving its objectives.
Alternatives for starting a non-profit organization (NGO) in India include forming a Trust, a Society, or a Section 8 Company. The choice depends on the specific goals, governance structure, and legal requirements of the organization.
Yes, a registered office address is required for starting a Section 8 Company in India. You must provide a physical location where official communications can be received.
No, physical presence is not mandatory for incorporating a Section 8 Company. The incorporation process can be completed online or through the assistance of legal professionals.
Yes, NRIs (Non-Resident Indians) and foreign nationals can be Directors in a Section 8 Company in India. However, they must comply with regulatory requirements, such as obtaining a Director Identification Number (DIN) and fulfilling other legal obligations.
The primary purpose of Section 8 Company registration in India is to promote charitable activities, social welfare, and non-profit objectives. These companies are formed to utilize their profits for the betterment of society rather than distributing dividends to members.
Section 8 Companies are required to comply with various annual compliances, including filing financial statements, annual returns, and conducting board meetings. The specific requirements may vary based on the company's structure and activities.
While Section 8 Companies enjoy certain tax benefits and have a charitable focus, they also face restrictions on distributing profits to members and must adhere to strict compliance requirements. Additionally, obtaining Section 8 status can be time-consuming and involves regulatory scrutiny.
Yes, Section 8 Companies can raise foreign funding with the approval of the government authorities and compliance with the Foreign Contribution (Regulation) Act, 2010.
A Section 8 Company can be either a private or a public company, depending on its Articles of Association and the number of members it has.
Yes, a Section 8 Company can be registered as an MSME if it meets the criteria specified by the MSME Ministry of India, based on factors like turnover and investment in plant and machinery or equipment.
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