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Section 8 Company

Section 8 Company Registration

Area 8 Company is named Section 8 of the Companies Act, 2013, which relates to a set up ‘for advancing trade, workmanship, science, sports, instruction, look into, social welfare, religion, philanthropy, assurance of condition or any such other question’, gave the benefits, assuming any, or other wage is connected for advancing just the objects of the organization and no profit is paid to its individuals. In this way, Section 8 Company or Section 25 Company is an organization enlisted under the Companies Act, 2013 for beneficent or not-revenue driven purposes.

A Section 8 Company is like a Trust or Society; expect, a segment 8 Company is enrolled under the Central Government’s Ministry of Corporate Affairs. Trusts and Societies are enrolled under State Government directions. An area 8 organization has different favorable circumstances when contrasted with Trust or Society like enhanced acknowledgment and better lawful standing. Area 8 organization additionally has higher believability among contributors, Government offices and different partners.

Section 8 Company

Limitation & Minimum Requirement of Section 8 Company

Limitation on Section 8 Company

  • Only object for which a section 8 company can be incorporated is the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object
  • That the profits & Gains of the company can be utilised only for promoting its objects (as stated above).
  • That Company prohibits the payment of any dividend to its members
  • Scanned passport-sized photograph
  • Minimum Documents Required

  • Two set of below documents, Out of which one set need to be self-attested whereas another set of documents need to be attested by a gazetted officer / Bank Manager / Post Master / Principal or Head Master of a School.
  • Two Colour Photograph
  • Copy of Pan Card
  • Identity Proof (Votors ID Card / passport / Aadhar Card / Driving License)
  • Address Proof (Electricty Bill / Telephone Bill / any Utility Bill / Bank Statement)
  • Online Submit Enquiry

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