#section8company

[legalcy]

Step-by-Step Guide To Society, Trust, And Section 8 Company Registration…

#Legalcy #Legalcyy #LegalcyPvtLtd #LegalcyPrivateLimited #society #trust #section8company #nonprofit #community #charity #socialgood #volunteer #giveback #philanthropy #ngo #support #change #impact #donate #helpingothers #awareness #empowerment #socialchange #betterworld #Youtube

[alishajoy059]

Choosing the right business structure is crucial for starting a business in Indore. Options include Public Limited Company, Private Company, Limited Liability Partnership, One Person Company, and Section 8 Company. Each has its benefits for management, compliance, and tax optimization.

#IndoreBusiness #CompanyStructure #PublicLimited #PrivateCompany #LLP #OPC #Section8Company #BusinessGuidance

[companiesnext62]

"Registering a Section 8 company involves key steps: obtain DSCs, apply for DINs, reserve a unique name, draft MoA and AoA, file SPICe+ form with necessary documents, pay fees, await MCA verification. Once approved, the COI is issued, marking formal incorporation. This blog succinctly outlines the critical process, emphasizing DSCs, DINs, name reservation, documentation, and the SPICe+ form's convenience. It acts as a practical guide for a seamless Section 8 company registration."

#Section8Company #CompanyRegistration #IncorporationProcess #MCACompliance #BusinessRegistration #LegalCompliance #CorporateFormation #StartupGuide #Entrepreneurship #NonProfitOrganization

[vakilkarosblog]

"Section 8 Microfinance Company Registration: A Philanthropic Approach" refers to the process of legally establishing a non-profit microfinance company under Section 8 of the Companies Act. This unique registration allows organizations to provide financial services to low-income individuals and small businesses with a philanthropic intent. It enables them to operate as a non-profit entity, focusing on social impact rather than profit generation. This approach aims to uplift marginalized communities by offering access to financial resources and empowering them towards economic self-sufficiency. For more detailed information on the registration process, please visit the link associated with "Microfinance Company Registration" and "section 8 Microfinance Company Registration. Read More

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[setupfilings]

Ensure Compliance with ROC Annual

Don't let your business be left behind! With ROC Annual Compliance, you can rest assured that your business complies with all government regulations. Protect yourself and your company by signing up for ROC Annual Compliance today.

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[indilegalonline]

Section 8 Company License

Section 8 Company License  5/5 Choose Plan Choose an optionBasicStandardPremium Select State Choose an optionOther StatesMadhya PradeshClear Add to Cart

What is Section 8 Company?

Section 8 of the Companies Act 2013 provides for the formation of the companies with charitable objects etc. Section 8 Company, (earlier Section 25 Company of the Companies Act, 1956), is a legal entity for Non-Government or Non-Profit Organizations.  It is a type of company which is established with the objective to promote commerce, arts, science, sports, education, research, social welfare, protection of the environment or any other such object.

Eligibility for Section 8 Company Registration?

- Minimum Person Requirement - Minimum Capital Requirement - Unique Name - Resident Director - Social or Welfare Object - No Profit Distribution Two person is required to become the shareholder / director of the company. However, the number of shareholders can’t exceed 200 No minimum capital is prescribed, it must be based on the business requirements. The registration fee is based on the amount of capital. The name of the company should be unique and should not be similar to the any existing company name or trademark. Among director, one person must be resident Indian. The object of the section 8 Company shall be to promote Commerce, Art, Science, Sports, Education, Research, Social Welfare, Religion, Charity & Protection of Environment. It Intends to apply all its profit in promoting the objectives. Profits of company to be applied only for the promotion of object of the company for which it is formed and there is a prohibition on payment of dividend to its members.

Documents required for Section 8 company license

- Identity Proof (Directors and Shareholders) - Address Proof (Directors and Shareholders) - Proof of Registered Office - Other Documents - Note - PAN cards for Indian national (mandatory) - Passport for foreign nationals (mandatory) - Proof of nationality for foreign nationals. - Proof of Identity: (Voter ID/ Passport/Driving License) (any one) - Resolution of the board of company /LLP for authorisation  of director/partner - Passport size photos - Bank Statement,  Electricity /Telephone/Mobile bill) (Not older than 2 months) (any one)   - Conveyance /Lease deed / Rent agreement etc. along with rent receipts (any one) - Copy of utility bills (Telephone/Gas/Electricity bill) (not older than 2 months) (any one) - NOC from landlord - DSC forms (physically signed) All the documents in case of foreign director should be additionally complied as follows: - Notarised (if residing is commonwealth countries). -  Notarised and apostiled (if residing in country which is signatory to  Hague convention.) - Notarised and consularied (if not covered in  above categories).

Procedure for Section 8 company license

- Step 1: Reservation of name of company - Step 2: Take DSC of directors and shareholders - Step 3: Approval of other regulators (if required) - Step 5: Get certificate of registration , PAN and TAN - Step 5: Open Bank Account of Company

Benefits of Section 8 Company license

- Tax Exemption: Numerous Tax exemptions are provided to Section 8 Companies, specifically to the donors who are contributing to Section 8 Companies, they can claim the Tax exemption against the donation they made to a Section 8 company. - Capital Requirement: There is no prescribed limit over section 8 companies for the minimum capital requirement unlike other entities such as public limited, but the capital structure can be altered at any stage as the required for the growth of the company. - Stamp Duty: A section 8 Company is exempted for the payment of stamp duty applicable for registration as applicable in case of other structures such as private limited or a public limited company. - Separate Legal Entity: Company legal entity are separate than its shareholders/promoters. - Title Requirement: Unlike the names requirements of the private limited or a public limited company, a section 8 company does not require to use a suffix next to its name. - Perpetual Existence: Company existence will go for ever and its existence will not be effected by the death of shareholders, directors or transfer of shares to others. - Credibility: A Section 8 Company has more credibility as compared to any other Non-profit organization structure be it a Trust or Society. As it is a licensed by the central government. It has more stringent regulations such as no change in MOA and AOA can be done at any stage or situation in a Section 8Company. A section 8 company due its strict compliances as regard to functioning has a more reliable image in comparison to other legal structures.

Frequently Asked Questions (FAQ)

Can Section 8 Companies receive contributions from overseas or non-residents? There are special requirements to be complied with under the Foreign Contribution and Regulation Act, 2010 before a Section 8 Company can receive any contributions or donations from overseas/outside India from non-residents. The provisions of the said Act are in addition to the provisions under the Companies Act.

Related Services

LLP Registration in India

5,900.00 ₹ – 16,900.00 ₹

Partnership Registration

1,550.00 ₹ – 12,950.00 ₹

Proprietorship Registration

1,450.00 ₹ – 8,850.00 ₹

Udyam Registration

700.00 ₹ – 1,000.00 ₹

Read the full article

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[lovehemapriyakanakkupillaifan]

Trust, Society, Section 8 Company Comparison In English

If charity and social service is what you want to do, your company must fall under Section 8 of the Companies Act 2013. The objective of this company is facilitating the growth of trade and commerce in India.

https://www.kanakkupillai.com/section-8-company

#trust #ngo #section8company #trustregistration

[pranshucorpseed]

(via Section 8 Companies: Empowering Communities for Social Welfare and Development)

🤝✨ Section 8 Companies: Empowering Communities for Social Welfare and Development! 🌍🌱

Did you know that Section 8 Companies are dedicated to making a positive impact on society? These nonprofit organizations prioritize social welfare and development, working towards creating a better world for everyone.

Through their initiatives, Section 8 Companies uplift communities, promote education, healthcare, and environmental conservation, and drive meaningful change. Their focus on social welfare empowers individuals, enhances livelihoods, and creates a sustainable and inclusive future.

Join hands with Section 8 Companies and be part of the change for a brighter tomorrow!

Let's come together and create a world where every individual thrives and communities flourish! 🌟✨

#Section8Companies

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#MakingADifference

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#TogetherWeCan

[humsabkaadvisor]

What is Section 8 Company ? Contact us now!7669256170/ 87008 46995Know More: https://humsabkaadvisor.com/Facebook: https://www.facebook.com/humsabkaadvisorInstagram: https://www.instagram.com/humsabkaadvisor/LinkedIn: https://www.linkedin.com/company/humsabkaadvisorTwitter: https://twitter.com/HumsabkaAdvisor #section8company #section8companyfilings #section8companyact2013 #section8companyformation #section8companyregistration #section8company_registration #section8companyregistrationmca #section8companyregistrationcost #section8companyregistrationfees #section8companyregistrationonline

[legaldelight]

Want to provide social services in the form of corporate but not sure how?

Here is an infographic showcasing documents required to get license for section 8 companies. To know about the Section 8 Companies under Companies Act 2013, click the link below:

https://legaldelight.com/2021/04/04/non-profit-organisation/

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[legaltax]

Section 8 company registration online by experts online #section8 #section8company #section8companyformation #ngo #trust #socialwelfare #legaltax #legaltaxin #onlinelegaltax #startup #businessstartupCall [email protected]://legaltax.in/.../INCORPORATE-SECTION-8-COMPANY-IN

[startupsetu]

Startupsetu "Types of company registration Public Limited Company. Partnerships Company. Limited Liability Partnership. One Person Company. Sole Proprietorship. Section 8 Company Which of the above is your company? Register the company today and the benefits Contact Us  www.startupsetu.com" 9373615614 #registration #copyrightsregistration #privatecompanies #PartnershipRegistration #soleproprietorship #section8company #PublicCompanyRegistration

[alishajoy059]

"Launching a company in Indore? Choosing the perfect company structure is paramount. Explore our concise guide tailored for businesses in Indore, detailing options like Public Limited, Private Company, LLP, OPC, and Section 8 Company. Ensure your venture's success with informed decisions."

#IndoreBusiness #CompanyStructure #PublicLimited #PrivateCompany #LLP #OPC #Section8Company #BusinessGuidance

[companiesnext62]

"Discover exemptions for Section 8 companies—tax benefits, fundraising perks, compliance relaxations, enabling social impact effortlessly.

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[nitinwelegalize-blog]

Section8 Company Registration Online in Delhi NCR at a reasonable price. Get experts assistance regarding Section8 company registration online in Delhi NCR 

 Contact Us Today [phone] 

 For More Visit Our Website 

https://welegalize.com/section8-company.php

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[govindsrivastav]

Section 8 Company Registration Online with LegalPillers

Our portal offers many affordable prices for NGO registration fees. Our CA services are easy to carry and lead with all legal services. Contact us for Registration

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