Section 8 Company Registration

Posted by gauri jadhav on May 28th, 2018

What is Section 8 Company?
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.

What are the documents required for Company Registration?
Click on Get Quotation tab above and fill the details, you will receive required documents list & quotation in few seconds in your mailbox.

No charges for requirement list and Quotation.

What are the Type of Business Entities in India?
The following types of Business entitles are available in India:

Private Limited Company
Public Limited Company
One Person Company
Producer Company
Section 8 Company
Limited Liability Partnership
Partnership
Sole Proprietorship

What are the Advantages / features?
Many privileges and exemptions under Company Law.
Exemption from requirement of Minimum Paid-up capital.
Exemption of Stamp duty for registration.
Non-application of Companies Auditor\'s Report Order (CARO) 2003.
Registered partnership firm can be a member in its own capacity.
Tax deductions to the donors of the Company u/s. 80G of the Income Tax Act.
Legal Entity
Perpetual Succession
Raising Donation from Public

Section 8 Company Registration
Ideal for Non Profit Organisations
14,999/- + Govt. Fees
Save 30% Cost
Duration : 10 to 15 Days
Brows This @ http://www.corpaidcs.com/start-a-business/section-8-company