What is Section 8 or NGO Company?

Section 8 Company is named Section 8 of the Companies Act, 2013, which pertains to an established ‘for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object’, provided the profits, if any, or other income is applied for promoting only the objects of the company and no dividend is paid to its members. Therefore, Section 8 Company or Section 25 Company is a company registered under the Companies Act, 2013 for charitable or not-for-profit purposes.

A Section 8 Company is similar to a Trust or Society; expect a section 8 Company is registered under the Central Government’s Ministry of Corporate Affairs. Trusts and Societies are registered under State Government regulations. A section 8 company has various advantages when compared to Trust or Society like improved recognition and better legal standing. Section 8 company also has higher credibility amongst donors, Government departments and other stakeholders.

Documents Required for Incorporation of Section 8 Company

  • Documents Required for GST Registration

    Documents Required

    • ID Proof (PAN Card)
    • Address Proof 1(Voter ID/Passport/Driving License)
    • Address Proof 2(Electricity Bill/Telephone Bill/Bank Statement)
    • Aadhar Card
    • Photograph
    • Electricity Bill and Rent Agreement of premises
    • Client Questionnaire

Incorporation Process of Section 8 Company

  • Step 1

    Prefill and submit requisition form

  • Step 2

    Search company name availability

  • Step 3

    Provide us with all the scanned copy of all the requisite Documents online by mail

  • Step 4

    Filling of application with MCA

  • Step 5

    Grant Certificate of incorporation with in 20-25 days.

Our Prices

Section 8 Company Incorporation

Basic

Company Incorporation

29999 .00

Inclusive of all taxes

Advanced

Company Incorporation + GST Registration

31499 .00

Inclusive of all taxes

Premium

Company Incorporation + GST Registration + Trademark

37499 .00

Inclusive of all taxes

Frequenlty Asked Questions

Profit or Income of Non Profit Company can only be used for promotion of the charity work in which it is involved. Even declaration of dividend or distribution of profit to its promoters is not allowed.

No. Promoters of Non-profit Company can be employed as paid employee of the company.

The Director required to be above 18 years of age and must be a natural person. He may or may not be citizen or residence of India. We can say that even foreign nationals can be Directors in Indian Section 8 Company.

In case of Section 8 Company, minimum no. of director is two.

No minimum paid up capital is required to register Section 8 Company.

Yes, an NRI can register a Section-8 Company provided all the documents required are submitted and notarized by the professionals.

There are various privileges and exclusions under the Company Law.
• There is no need of a Minimum paid-up Capital.
• Stamp duty registrations are also exempted.
• Companies Auditor is not applicable.
• Any registered partnership firm can be a member in its individual capacity.
• Tax deductions to the donors of the Company.

It is important to have objects with non-profit motive, and then it can be registered as Section-8 Company.

Yes, Corporate Social Responsibilities(CSR) is a part of all companies and similar to Section 8 Company it has non-profit related objectives.

The main objectives of Section 8 Company must ensure that it is related apply its profits(if any) in promoting and supporting the objectives. It should not provide any benefit/fund to its members. The objects to be promoted includes:Commerce, Science, Sports, Research, Education, Social Welfare, Religion, Charity, Protection of Environment.