Section 8 company is the preferred choice of legal status for charitable organisations in India.
A section 8 company is similar to a trust or society except that its registration is approved by Ministry of corporate affairs so that it has more advantages than Trust and Society like wide recognition, separate legal status and more credibility among donors and public at large.
Our firm can incorporate section 8 Company in 12 working days subject to ROC processing time.
Get to know more of Section 8 Company?
Section 8 Company has objectives of promotion of arts, charity, education, protection of environment, science, social welfare, sports, research and religion.
It has to apply its profits from the activity or other income in promoting its objects.
The rights and obligations of section 8 company are almost like a limited company but section 8 company cannot use the works “section 8” or “Limited” in its name.
What is included in the package?
- DSC of 2 directors
- DIN of 2 directors
- MOA & AOA
- Name approval letter
- Incorporation certificate
- Company PAN
- Company TAN
- INC 20A (Commencement of business certificate)
- Assistance in opening bank Current A/c in ICICI and Kotak.
- Dedicated CA
Steps we follow
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1
Obtaining DSC
Digital Signature Certificate is mandatory for proposed directors which will be obtained within 1 day. At Our firm, we have a licensed DSC partner with certified authorities approved by Government.
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2
License Approval
Our firm will apply for section 8 company license to MCA which can be obtained in 2-3 days.
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3
Incorporation Certificate
Our firm will submit all the filing documents to the MCA after due verification by another checker team and MCA will approve the application in 1 to 2 days subject to ROC time processing.