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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)