Tax Team Logo
Book an Appointment

Section 8 Company Registration

Register your section 8 Company with the help of our Taxteam. We Taxteam leading eminent service  providers through  Online / Offline for Incorporation. Now you can register your company anywhere in India in one Call / Mail / Message.

Watch Video Or Schedule Free Consultation
Happy Customers
0 +
Professionals
0 +
Client Satisfaction
1 %

Among Asia's Top 100 Consulting Firm

Happy Customers

10,000 + Happy Customers

Lowest Fees

Lowest Fees

Google Rating

4.5+ Google Rating

Expert Assistance

Expert Assistance

Section 8 Company to be Incorporated under Companies Act, 2013

An association which is registered under section 8 of the Companies Act, 2013 is known as Not for profit organisation. It has the objects to promote commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object.

It prohibits the payment of dividends to its members. The profits, if any, are applied in promoting its objects. The name of the company can be incorporated without using the word “Limited” or “Private Limited” as the case may be. The Company is exempt from the requirement of minimum paid up capital. A One-person Company cannot be formed as Section-8 Company.

Section 8 Company Incorporation

Benefits of Incorporation of Section 8 Company

Tax Benefits

Section 8 companies are provided many tax benefits. It is a not-for-profit organization and enjoy exemption from Income Tax provisions.

Separate Legal Entity

Section 8 company will be considered as a separate legal entity where the assets & liabilities of the business and members are not same. Section 8 company will be considered to be a legal person and also holds the Right to Sue a third party in case of any dispute or default arises.

Zero Stamp Duty

There is no stamp duty to be paid for section 8 company registration.

No Minimum Capital

You can start up your section 8 company with zero paid up capital. Now capital amount cannot stop you from starting your non-profit organization.

Documents required for Incorporation of Section 8 Company

The following documents are required to register your Section 8 Company,

Aadhar / Voter ID / Driving licence / Passport of Directors and Shareholders.

The Address proof of the Directors,  shareholders along with the  Proof of the registered place of business (Ownership documents/ rent or lease agreement) or any bill in relation to electricity /landlord bill / bank statement.

The photos of the respective Directors , shareholders and designated authorities should submit for the clarification and proof of the concerned person.

The PAN card of  the respective Directors, shareholders and designated authorities of the company.

Digital signature is the electronic signature format of the Directors / signatory authority for the purpose of  e-filing the Register of Companies.

No objection certificate by the owner / landlord must be enclosed.

In case of any Non Resident Indian (NRI) or Foreign National Directors the relevant documents must be notarized and apostilled for certifying documents.

Process of Incorporation of Section 8 Company

Frequently Asked Questions

No. Section 8 company can also be incorporated as a company limited by guarantee i.e. without share capital.

The words such as Association, Chamber, Council, foundation, federation, confederation and the like is to be included in the name of section 8 company.

Yes. Section 8 company can carry out micro finance activity, however it is subject other restrictions and compliances.

No. It is not mandatory to have independent director.

If you have any further queries, get  our experts’ opinion. For free consultation Contact our Taxteam to resolve all your queries.

Fill Up Application Form

Make Payment through Online

Application processing

Get Confirmation on Mail

Our Clients

Baggit Logo
Cex Logo
Black Box Films Logo
Denso Logo
Hitachi Metals Logo

Customer Reviews

It was an overwhelming experience to have been associated with Taxteam. Mr. Thyagarajan and his team ensured that all our approvals were obtained on time and he was just a call away in case of any assistance required.
Dr. Navneeth Selvan
CEO, Threos Healthcare Pvt Ltd
They have adequate staff to attend to various set of customers. We would also like to reiterate that we have disciplined ourselves in some grey areas after associating with them due to their regular and periodical advice and support.
S. Radhakrishnan
Director, RSA Mining & Equipment
We are working with Taxteam for almost a Decade. Excellent team, timely follow-up on deliverables. Committed and dedicated CEO Mr.Thiyagarajan, very patient and humble person. Glad to be associated with Tax team.
Kiran Kakarla
CEO, Terminal Contacts

Visit our Articles

Compliance Check for Sec 206AB & 206CCA
23Jun

Compliance Check for Sec 206AB & 206CCA

TaxTeam

1. What is the legal framework of ‘Compliance Check for Section 206AB & 206CCA’ functionality? Via Finance Act 2021, Section 206AB and 206CCA are inserted…

Learn more
Planning to buy a House
22Jun

Planning to buy a House

TaxTeam

Here are the protection and benefit given under the RERA Act 2016 Real estate sector is an important pillar of the economy. However, this sector…

Learn more
ESIC Maternity Benefits
19Jun

ESIC Maternity Benefits

TaxTeam

For mother-to-be and nursing mothers As per the official website of ESIC, the details of the Maternity Benefit is payable to an insured woman in…

Learn more

Transform your Business. Subscribe our Newsletter.

Tax Team Logo

Address: 6/18, 5th St, Shanthi Colony, A J Block, Anna Nagar West, Chennai 600040.

Phone: +91 99411 50006

Email: enquiry@taxteam.in

Start My Business

Registrations

.

Intellectual Property

Compliance

Copyright © 2020 Tax Team. All Rights Reserved.

ENQUIRE NOW