Enjoy Tax Exemptions via a Company for Social Cause
Let’s register your company for a social purpose. CAAQ is here to register a legal entity for promoting the fine arts, science, literature, or knowledge sharing for a purposeful matter, or a charity. We have over a decade of experience in following a legitimate process to register a Section 8 company in India. This limited company is governed by the Companies Act, 2013. You can also get an exclusive licence from the governments, provided these terms:
- It’s for a charitable purpose.
- Its income and profits would be used for social causes, welfare, any of the aforementioned causes.
- The company won’t pay any dividends to its members.
We have a team of legal experts, CA, and CS who unanimously work for making the process of company registration seamless. Our over a decade of experience helps us in achieving this objective boldly and confidently. We are trusted by over a hundred customers from India and across the world for being authentic and highly motivated.
Merits of Section 8 Company Registration
Discover Advantages that this Registration in India Offers
It is set up for non-profit objectives, such as encouraging commerce, art, science, sports, education, research, social, welfare, religion, charity, protection of the environment, and the likewise practices.
- Non Profit Objective
The company registered under Section 8 of the companies act, 2013 has no right to distribute profits or assets to its members.
- Voting Rights
The number of shares defines who would have the voting rights in the section 8 company, which is the same as any other company.
- No Minimum Capital
There is no cap set for capital for this company. So, it can be incorporated with the capital that it requires.
- One Resident Director
It is mandatory to have at least one resident (of India) director of the company. He can be a person who stays here for at least 182 days in the FY.
Standard Process for Section 8 Company Registration
End-to-end consultation on how to successfully register
- DSC Preparation
We make DSC for all Directors and Shareholders
- Company Naming
Find the name of the company corresponding to the naming guidelines of the MCA. We can also assist you in this matter. Then, we file an online RUN Form for getting approval on the name.
In this step, we draft the MOA, AOA, Declarations & other relevant documents. Then, we file SPICe+ Form for the incorporation of the company.
- Banking Requirements
Finally, we open a bank account, transfer capital, and then, file INC 20A (Declaration to Commence Business of the Company).
Checklist of Documents
Do enclose valid and complete list of these documents
Documents of Directors/Shareholders
Documents for Registered Address
A. Passport Size Colour Photograph
B. Self attested Pan Card
C. Self attested Aadhar Card
D. Address Proof: (any one document)
E. Identity Proof: (any one document)
A. Proof of Premises:
B. No Objection Certificate (NOC) From Owner
Do you have a question? Submit it Online through Our Contact Form and get connected with our Section 8 Company Registration consultants in no matter of time.