Get the right answer to your tax questions!
Worried about income tax? We can help!
All About this Plan
It is more beneficial to do the registration of NGO as a Section 8 Company, instead of registering it as a society or trust. Let experts at All India ITR guide you through the process.
Services covered under this plan
- Name approval through RUN
- Drafting of MOA & AOA
- Filing of INC 13
- Filing of INC 12
- Application for issue of licence under Sec 8
- Preparation of estimate of future annual income & expenditure
- Drafting of INC 14, INC 15 and INC 16
- Filing of Spice 32 with the Registrar of Companies (ROC)
- Drafting of INC 9 & DIR 2
- PAN Application
- TAN Application
- Issue of Certificate of Incorporation
- Director Identification Number (DIN-3 nos.)
- Digital Signature Certificates (2 nos.)
Who can avail this plan?
- A group of people who desire to form a Section 8 company
- An existing registered trust
- Registered society that already exists
- People with non-profit motive.
How the Plan works?
- Buy the plan
- DSC Application
- Reservation of Company name with RUN
- Application for issue of licence
- Drafting for MOA & AOA
- E-forms will be filed with ROC
- Receipt of the Incorporation Certificate
Information menu
Documents Required
- Self-attested Identity proof of directors (Passport/ Driving License/ Voter ID)
- Self-attested Address proof of directors (Bank Statement/ Mobile bill with name & address which should not be older than 2 months)
- PAN Card of Directors
- Address and IDs of subscribers to MOA
- Correspondence address until the registered office is decided upon.
- Passport size photos of Directors
- Proof of ownership (rent agreement/ lease deed)
- Electricity bill which should not be older than 2 months
- NOC from owner of the property
- Consent to be directors i.e. DIR-2
- An affidavit from the Directors for not accepting deposits
- Declaration of each director & subscriber to MOA.
FAQs
What is a Section 8 Company?
A Non-Profit Organisation is an entity that operates for promotion of art, science, sports, education, research, social welfare, religion, charity, protection of environment or similar areas in India. An NGO can be registered as a Company under Section 8 of the Companies Act, as a Trust or as a Society. Section 8 Company format of an NGO is quite popular in India.
What are the basic features of a section 8 company?
A section 8 company works for the common welfare of masses on a large scale for the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object. The objective is not to earn profit and any profit is reinvested for achieving the organization’s goals.
What are the basic requirements to form a Section 8 Company?
At least two shareholders, at least two directors (with one residing in India), no minimum capital required, mandatory income-tax PAN for Indian nationals, identity proof for foreign nationals, proof of residence, rent agreement or ownership proof, and a no objection certificate if required.
How many members are required, in order to form a Section 8 Company?
Minimum 2 members are required to form a Section 8 Company.
Is it required to add Private or Public limited at the end of the name of Section 8 Company?
No, Companies registered under Section 8 are prohibited from adding Private or Public Limited at the end of their name.
Can a Company registered under this section have its MOA & AOA just like any other Private or Public Limited Company?
Companies registered under Section 8 must not alter the provisions of their memorandum or articles except with the previous approval of the Central Government.
