SECTION 8 COMPANY REGISTRATION DOCUMENTS AND PROCESS

SECTION 8 COMPANY PROCESS AND DOCUMENTS

> Required Licences from Central Goverment.
> Filing forms and other Documents of Directors and Members.
> Private as well as Public limited.
 

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SECTION 8 COMPANY REGISTRATION

What is Section 8 Company Registration

A Section 8 Company is an organization which is registered as a Non-Profit Organization (NPO). NPO/company has its objective of promotion of arts, commerce, charity, education, protection of environment, science, social welfare, sports, research, religion and intends to apply its profits, if any, or other income in promoting its objects. It functions exactly like a limited company including all the rights and obligations that come with such a company. However, it differs from a company in one very crucial aspect, i.e. it cannot use the words “Section 8” or “Limited” in its name.

The income of the Company must be used to promote only charitable objects and cannot pay any dividend to the members of the company. The central government provides an incorporation certificate to all such companies and also informs them about some restrictions and conditions. In case they don’t fulfil them, the central government may also order them to wind up the company. In case fraud objectives of the Company are proved, legal action will be taken against all officers of the Company.

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Documents Required

Identity Proof

PAN CARD

Address Proof of Business

AADHAR CARD/PASSPORT/BANK STATEMENT

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LICENCE OBTAIN CG

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