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Section '8' Company Licence and Registration
NGO or Non-profit organisation can be registered as a Company under Section 8 of the Companies Act, 2013 (earlier section ‘25’ of Companies Act, 1956).
Lawfox provide you a easy solution for obtaining licence of section 8 company and registration of your NGO.
Section 8 Company
A NGO can be registered as a Company under Section 8 of the Companies Act, 2013 (earlier section ‘25’ of Companies Act, 1956) and can also be registered as Trust and a Society. Trust and societies are registered and governed by state government acts and regulation, but a section 8 company is registered under Companies Act, 2013 and governed by Ministry of Corporate Affairs.A company status is always highly recognized in compare to trust or society, therefore Section 8 Companies have higher credibility among st Government departments, Donors and other stakeholder.
Main features of section “8” Company:
Charitable Objects: A section 8 Company has in its objects the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other charitable objects.
Profit for Promotion of objects: Section 8 company will apply its profits (if any) in promoting its objects.
No Dividends: Section 8 Companies are prohibited to declare and/or pay any dividend to its members.
Lawfox provides you complete professional services related to incorporation of Section 8 companies throughout India, our experts are committed to help you in company incorporation process and consultancy regarding Incorporation.
How we do it ?
|Documents Required for Registration|
Identity Proof of Directors & Subscribers
Copy of PAN Card
Passport size Photo
Notarized copy of Passport will be required for Foreign Nationals
Address Proof of Directors & Subscribers
Copy of Aadhar or Voter ID or DL or Passport
Copy of Bank Statement (Not older than 2 months)
Registered Office Address Proof
Copy of Rent Deed or Property Documents
NOC from Landlord
Copy of Electricity Bill (Not older than 2 months)
DSC Application Form
Other Incorporation Documents ( Draft will be provided by our experts)
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Frequently asked questions
Can two persons start a section 8 Company?
Yes, We need minimum two persons for registration of section 8 company.
How to register a Section 8 Company in India?
Registration of a section 8 company in India is a simple process; all you required are PAN and Address proofs of promoters and a proof of registered office address in India. Lawfox provides all services related to company registration.
Do we need any licanse for registration of section 8 Company?
Yes, Registrar of companies issue a license under section 8 for such companies, we need to file it with incorporation forms.
Who can be a director in Company?
Only natural person can act as a director in company, any person above age of 18 years can act as a director in a company, there are no restrictions for NRIs and foreign national hence they can easily become directors in company.
Can we register a section 8 company for profit objects?
No, section 8 companies can be registered with charitable objects only.
Can NRI/Foreign Nationals incorporate a Section 8 Company in India?
Yes, NRIs and Foreign Nationals are allowed to register companies in india and act as directors. all they need to obtain a director identification number (DIN). However, at least one director in board must be a residnet of india.
Do we need a office addres for registration of Section 8 Company?
Yes, you must have a registered office in India, you can even start a Section 8 company at your residential address.
Do Lawfox provide after Incorporation services regarding ROC filing?
Yes, Lawfox provides a complete solution for ROC filing on affordable prices.
How long does it take to register a Section 8 company?
It takes 15 to 20 working days subject to time taken in submission of required documents by clients and government processing time.