FincomIndia

Section 8 Company

A Section 8 Company is a Non-Profit Organization. It functions exactly like a limited company including all the rights and obligations that come with such a company.
From Rs 34,999/- Inc. of all taxes

Section 8 Company is named Section 8 of the Companies Act, 2013, which pertains to a established for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other objects 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.

Salient Features of Section 8 Company

Object

It operates for common welfare of masses at large, for promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object.

Utilization of Funds and Earnings

The profits, if any, or other income is used towards promoting of specific objects of NGO. Further there is restriction on declaration of profits as dividend to members.

Profit Earning

The objective is not to earn profit. If any profit is earned during course of its operation, the same is not to be shared among owners/members rather utilised for attaining the objects for which NGO was formed.

Transparent And Competitive Pricing

BASIC STANDARD PREMIUM
PAN
DSC
Name Approval
DIN
TAN
Share Certificates
1 Year TDS Filing
Trademark
Rs. 40,000
Rs. 34,999
Inc. all taxes
Rs. 47,500
Rs. 39,999
Inc. all taxes
Rs. 62,500
Rs. 49,999
Inc. all taxes
Delivery Process

1. Order Confirmation

Once you confirm the order online one of our executives will get in touch with you to explain all the requirements.

2. Submission Of Documents

We have a facility to pick up documents from your door step at more than 6000 Pin Codes across India. As soon as your documents are ready, we will pick it up from your door step at a date and time as per your convenience.

3. Verification and Name Approval of Section 8 Company

Details provided by you for Section 8 registration will be verified by our experts.

4. Apply for the license and COI of Section 8 Company

We will apply for license and also procured certificate of incorporation for Section 8 and then apply for TAN and PAN.

5. Hurray......It's Done

Once your Section 8 company is registered, we shall send you TAN and PAN via courier.

Frequently Asked Questions
There is no minimum capital requirement for Section 8 Company in India. If you are planning to register a section 8 Company, then you don’t need to worry about the capital required.
The entire procedure is 100% online and you don’t have to be present at our office or any other office for incorporation. A scanned copy of documents has to uploaded on document vault and our experts will carry out all registration formalities for you.
No, there is no concept of minimum number of members for section 8 Company. Anyone who can register the section 8 company need not worry regarding the membership. The requirement of having the membership is under Nidhi Company and not under section 8 company.
Yes, you need a minimum of two directors for a section 8 company registration.
Any individual/organization can become the member of Section 8 Company including foreigners/NRI.
Auditor under section 8 company is being appointed within 30 days by the board of Directors and no Central Government approval is required.
Section 8 company is one of the best forms to register in case you planning to register a NGO. However, it has certain disadvantages which are as follows: Section 8 company is difficult to start because it requires Central Government Approval. Section 8 compliance cost is high as compared to any other NGO/NPO form. Penalty provisions are little harsh under section 8 company.
Section 8 company is a company without any profit motive. Its main objective is to achieve the social causes and to help the society in any way possible. NPO, NGO are similar terms and are used inter changeably. NPO and NGO is another name for trust, section 8 company. Trust registration is another option to register NPO in case section 8 company is good for you.
Section 8 company can be registered for many social factors like Education Poverty Disease Blood bank Environment protection Other objects for general public utility.
The key characteristics of an NGO Section 8 Company are: Object: It operates for common welfare of masses at large, for promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object. Profit Earning: The objective is not to earn profit. If any profit is earned during course of its operation, the same is not to be shared among owners/members rather utilised for attaining the objects for which NGO was formed. Utilization of funds and earnings: The profits, if any, or other income is used towards promoting of specific objects of NGO. Further there is restriction on declaration of profits as dividend to members.
Following documents are required for Company Registration: (1)ID proof of Directors: (Aadhaar Card, Passport, or Voter ID) (2) Passport size Photographs (3) Director’s details (if Directors are in other Companies/LLPs)( 4) Address Proof: (Utility bills, if submitted, should not be older than two months, Updated Bank Statement, Mobile Bill, Telephone Bill.
The entire assignment will be completed in around 10-15 working days subject to the timely availability of the documents & information from the client’s end.

Our Presence

Check Availablity in your area

FinComIndia has capability to serve at your door step at more than 6000 Pin Codes across. You have the opportunity to avail our world class services sitting at your home or office itself. This service is free of cost for all the customers. We practically cover the whole of India. Kindly check in the box above for availability of door step services in your city.

Reasons to choose FinComIndia?

PROFESSIONAL EXPERTISE

FinComIndia has a team consisting of more than 75 experts of varied domains which enables us to deliver high quality of services. All our staff is well trained and regularly updated with all relevant statutory changes.

DOOR STEP SERVICES

We pick up all the required documents right from your door step at your preferred time and date and also deliver back the original documents / certificates to your address.

NATION WIDE REACH

We have capability of providing our services across more than 6000 Pin Codes in India. This makes us the front runner in Nation wide reach.

BEST PRICE

We are upfront with our pricing with no hidden fees, Also lowest pricing through automation and technology.

Money Back Guarantee

If you are not satisfied with our work, we will refund the money after deducting the statutory fees paid and other administrative charges.

100% Customer Satisfaction

With our quality of services and professional expertise, we guarantee 100% customer satisfaction.

Giving Back to the Society

In our endeavour to give back to the society, we donate 1% of our profits to various charitable and environmental causes.