Get Section 8 Company Registration for Just ₹9899/- (Including GST)
What’s Included in the Package (Offered by Legal Sahab)
- Free PAN & TAN Registration
- DIN and DSC for Directors
- Complete Documentation
- Personal Assistance
- PF and ESIC Registration
@ ₹9899/ only /- ( Including GST )
A Section 8 Company is a non-profit organization established to promote activities such as sports, education, research, social welfare, art, science, and environmental protection. This type of company is governed by Section 8 of the Companies Act, 2013.
One key restriction for these companies is that profits must be used solely for the purpose for which the company was formed. To register a Section 8 Company, a minimum of two directors is required, and there is no minimum paid-up capital needed to set up such an entity in India.
Register your non-profit organization today with Section 8 Company Registration from Legal Sahab! Our user-friendly platform ensures a quick registration process, allowing you to enjoy various tax benefits. Rely on our hassle-free services to become a legally registered non-profit entity!
Service Comparison: Proprietorship vs. Limited Liability Partnership (LLP) vs. Company
Features
- Proprietorship
A sole proprietorship is a business owned and managed by a single individual. - Partnership
A partnership is a legal arrangement where two or more individuals or entities agree to share ownership, responsibilities, profits, and liabilities of the business. - LLP (Limited Liability Partnership)
An LLP is a hybrid business structure combining elements of a partnership and a company. It offers limited liability protection to its partners, safeguarding their personal assets from business liabilities. - Company
A company is a separate legal entity distinct from its owners (shareholders). It can be a private limited company or a public limited company. Shareholders own the company, and their liability is limited to their investment. The company's operations are managed by a board of directors.
- Proprietorship
Ownership
- Proprietorship
Owned and managed by a single individual. - Partnership
Owned and managed by two or more individuals (partners) who share responsibilities. - LLP
Partners enjoy limited liability, protecting their personal assets from business debts. - Company
A separate legal entity from its shareholders, with shareholders having limited liability.
- Proprietorship
Registration Time
- Proprietorship: 7-15 working days.
- Partnership: Similar timeline as proprietorship.
- LLP: 10-15 working days.
- Company: 10-15 working days.
Promoter Liability
- Proprietorship
Unlimited liability. - Partnership
Unlimited liability. - LLP
Limited liability. - Company
Limited liability.
- Proprietorship
Governance
- Proprietorship
Governed by local laws. - Partnership
Governed by the Partnership Act, 1932. - LLP
Governed by the LLP Act, 2008. - Company
Governed by the Companies Act, 2013.
- Proprietorship
Compliance Requirements
- Proprietorship
Compliance with Income Tax laws and other applicable local laws. - Partnership
Compliance with Income Tax laws, the Partnership Act, and other local laws. - LLP
Compliance with Income Tax laws, local laws, LLP Act, and applicable laws. - Company
Compliance with Income Tax laws, local laws, and the Companies Act, 2013.
- Proprietorship
Taxation
- Proprietorship
Income is taxed at the individual's income tax rates. - Partnership
Income is taxed at the individual partners' income tax rates. - LLP
Taxed as a partnership; partners are individually taxed on their share of profits. - Company
Subject to corporate tax rates. Shareholders are taxed on dividends received.
- Proprietorship
Step-by-Step Process for Section 8 Company Registration
- Fill the Form - Begin by providing your basic information such as name, email, and contact number.
- Submit Documents - Conveniently upload all necessary documents through our app or website. Rest assured, your documents are in experienced hands.
- Our Operational Work - Our team will handle all the operational tasks, including obtaining your DSC (Digital Signature Certificate) and DIN (Director Identification Number). We’ll keep you updated throughout the process.
- Company Registration Complete - Once registration is finalized, you'll receive the Certificate of Incorporation (COI) along with a unique Corporate Identity Number (CIN) issued by the ROC. This certificate verifies the legal establishment of your Section 8 Company.
Benefits of Section 8 Companies
- Legal Recognition Section 8 Companies are officially recognized under the Companies Act, 2013, giving them a legitimate legal status as independent entities. This provides a structured framework for their operations.
- Limited Liability Members or shareholders of a Section 8 Company have limited liability, meaning their personal assets are protected in the event of debts or liabilities. This offers financial security to the promoters, encouraging contributions to social welfare activities.
- Tax Benefits These companies enjoy significant tax exemptions. Income generated from their charitable activities is exempt from income tax. Additionally, donors who contribute to Section 8 Companies can claim deductions under Section 80G of the Income Tax Act, making contributions more attractive.
- Eligibility for Foreign Donations Section 8 Companies are permitted to receive foreign contributions under the Foreign Contribution (Regulation) Act (FCRA), allowing them to tap into global funding for their charitable work.
- Perpetual Existence These companies have perpetual succession, meaning their operations continue even if the founders resign or pass away, ensuring the longevity and sustainability of their social initiatives.
- Credibility and Trust Registration as a Section 8 Company enhances the organisation’s credibility, signaling to donors, volunteers, and beneficiaries that it operates transparently and is genuinely committed to social causes.
- Access to Grants and Funding Section 8 Companies can apply for various grants and funding opportunities provided by governments, corporate entities, and international organisations. These funds help them grow and scale their social initiatives.
- Greater Reach and Impact Section 8 Companies have broader visibility and are recognized for their social work. They can collaborate with government bodies, NGOs, and other stakeholders, enabling them to address social issues more effectively and make a lasting impact on communities.
Registration Process
Our team will carefully review the documents you’ve submitted to ensure accuracy and avoid any errors, making the process smooth and hassle-free for you.
Our experts are fully equipped to handle all documentation requirements and meet your registration needs efficiently.
After we complete the Digital Signature Certificate (DSC), Director Identification Number (DIN), and other formalities, please wait for the Registrar of Companies (ROC) to issue your Certificate of Incorporation (COI).
Once the COI and the unique Company Identification Number (CIN) are issued by the ROC, we will promptly share them with you, officially completing your Section 8 Company registration.
FAQs about Section 8 Company Registration
The key requirements for registering a Section 8 Company in India include:
- A minimum of two shareholders (individuals or corporate entities).
- At least two directors (individuals), with at least one director being a resident of India.
- A unique name for the company.