How to Register a Section 8 Company

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A section 8 company registration is a non-profit organization established under the Companies

 

Registering a Section 8 company can be a smooth process with the right guidance. Deeksha Khurana, a top consultant at Taxlegit, offers the best services for Section 8 company registration. Here’s a step-by-step guide to help you understand the process.

Understanding Section 8 Companies

A section 8 company registration is a non-profit organization established under the Companies Act, 2013. It promotes arts, commerce, science, sports, education, research, social welfare, religion, charity, and environmental protection. These companies do not distribute profits as dividends to shareholders. Instead, they reinvest the earnings back into their objectives.

Prerequisites for Registration

Before you begin the registration process, ensure you have the following:

  • Name Reservation: Choose a unique name for your company. It should align with the objectives of the organization.
  • Directors: Minimum of two directors are required.
  • Address Proof: Valid proof of the registered office address.

Step-by-Step Registration Process

Step 1: Obtain Digital Signature Certificate (DSC)

All directors must have a DSC. It is used to sign electronic documents. Apply for a DSC through authorized agencies.

Step 2: Director Identification Number (DIN)

Apply for DIN for all directors. You can do this through the Ministry of Corporate Affairs (MCA) portal.

Step 3: Name Approval

Submit the proposed company names for approval through the RUN (Reserve Unique Name) service on the MCA portal. Ensure the names are unique and reflect the company’s objectives.

Step 4: Draft Memorandum and Articles of Association

Draft the Memorandum of Association (MoA) and Articles of Association (AoA) to outline the company’s objectives, mission, and operational rules. These documents must align with Section 8 regulations.

Step 5: File Form INC-12

Submit Form INC-12 to the ROC (Registrar of Companies) for issuing a license under Section 8. Attach the necessary documents, including the MoA and AoA.

Step 6: Incorporation Form

Once you receive the Section 8 license, file Form SPICe+ (INC-32) for incorporation. Attach the following:

  • MoA and AoA: As approved by ROC.
  • Declaration: By a Chartered Accountant (CA) or Company Secretary (CS).
  • Proof of Address: For the company’s registered office.

Step 7: Certificate of Incorporation

After verification, the ROC will issue the Certificate of Incorporation. This certifies the existence of your Section 8 company.

Additional Registrations

GST Registration

Your Section 8 company might need a GST registration. Collect the necessary gst registration documents, such as the PAN of the organization, proof of business registration, and identity and address proof of promoters.

MSME Registration

Consider getting MSME registration for your company. It offers various benefits and subsidies. The process involves submitting the Aadhaar card, PAN card, and company details on the Udyam registration portal.

Conclusion

Registering a Section 8 company involves multiple steps, but with the expert assistance of Deeksha Khurana at Taxlegit, you can navigate the process smoothly. From pvt ltd company registration to obtaining necessary gst registration documents and msme registration, Taxlegit provides comprehensive support.

For any assistance with Section 8 company registration or related queries, reach out to Deeksha Khurana at Taxlegit. They ensure a hassle-free registration experience, letting you focus on your mission to make a difference.

 

 

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