Section 8 Company Registration
Establish a Non-Profit Organization with OSBS Accounting Solutions Private Limited
A Section 8 Company is a special type of company registered under the Companies Act, 2013, aimed at promoting activities related to charity, social welfare, art, science, education, religion, or any other similar objectives. It is formed with the intention of benefiting society rather than making a profit. OSBS Accounting Solutions Private Limited helps you navigate the process of registering a Section 8 Company, ensuring that your social or charitable organization meets all the necessary legal requirements.
What is a Section 8 Company?
A Section 8 Company is a company that operates for promoting charitable, educational, religious, or any other non-profit objectives. These companies are granted a license by the Ministry of Corporate Affairs (MCA) to operate without the need to use the word "Limited" in their name. They are eligible to apply for various government grants and can also accept donations and funding.
Key Features of a Section 8 Company:
Non-Profit Objective: The company must operate for a charitable purpose and must not pay dividends to its members
Limited Liability: Shareholders enjoy limited liability for the company’s debts
Corporate Status: Separate legal entity distinct from its members and directors
Tax Exemption: Eligible for tax benefits under section 80G of the Income Tax Act
Name: The name of a Section 8 Company does not include "Limited" or "Private Limited"
Regulation by MCA: Registered and governed under the Ministry of Corporate Affairs (MCA)
Documents Required for Section 8 Company Registration:
PAN card of all directors and members
Address proof of directors and registered office
Identity proof of directors (Aadhaar card, passport, etc.)
Passport-size photographs of all directors
Digital Signature Certificates (DSC) of the directors
Director Identification Number (DIN) for directors
A detailed memorandum and articles of association outlining the non-profit objectives
A detailed business plan or proposed activities of the company
NOC from the owner of the premises (for registered office)
Benefits of Registering a Section 8 Company:
Legal Status: Recognized as a legal entity, offering credibility and trust
Limited Liability Protection: Protects the personal assets of directors and members
Tax Benefits: Eligible for various tax exemptions under section 80G of the Income Tax Act
Government Grants: Can apply for government funds, grants, and other financial support
Public Trust: Ideal for running non-profit ventures with public trust
No Profit Distribution: Any surplus generated is reinvested in the company’s objectives
Charitable Work: Suitable for organizations focused on social welfare, education, healthcare, etc.
Why Choose OSBS Accounting Solutions Private Limited?
Expert Guidance: We offer complete guidance through the Section 8 Company registration process
Complete Documentation Support: Assistance with drafting the Memorandum and Articles of Association
Hassle-Free Process: We handle the entire registration process, ensuring compliance with MCA requirements
Quick Registration: We ensure fast processing so you can start your non-profit activities without delay
Affordable Fees: We provide transparent pricing with no hidden charges
Post-Registration Support: Ongoing compliance assistance to keep your Section 8 Company in good standing
Start your Section 8 Company today with OSBS Accounting Solutions Private Limited and make a difference with your social initiatives.
