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Section 8 Foundation Registration @ 9999/- ₹

  • NGO Name Reservation
  • Section 8 License
  • DIN & Digital Signature for 2 Directors
  • MOA & AOA | PAN & TAN
  • MSME Registration
  • Share Certificates
  • Guidance to open local Bank Account
  • Includes Government & Professional Fees
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Section 8 Foundation Registration

Looking for section 8 Company Registrations online or NGO Registration then you are in the right place, it is established for promoting commerce, research, art, science, sports, education, social welfare, charity, protection of environment etc. Finance Bazaar is the online portal helping the clients with the business set-up to registrations and compliance filings. It is a team of qualified professional to serve the legal needs of business at PAN India level.

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    A Section 8 Company is similar to a Society or Trust; expect a section 8 corporation is registered under the Central Government's Ministry of Corporate Affairs. It has various advantages when compared to Society or Trust like improved identification and better status and it also has higher credibility amongst donors, Government departments and other stakeholders.

    Section 8 company which was known as section 25 company is a legal form for Non Governmental organizations (NGO) or Non Profit Organizations (NPO). It is licensed company which is authorized to work anywhere in the country.

    Section 8 Company Registration Process

    It requires at-least two people to start with. Further, there is no limit for initial capital and hence, it can be started with Rs.10,000. Procedure of section 8 Company registration:

    Step 1 - Prepare DSC, DIN & Name approval: Before even applying for the DSC, DIN etc one must organize all the documents properly, because most of the rejection happens due to improper documentation.

    Step 2 - Apply for License: The second and the most important part is to get license from the government to do the social work in India. This is done through e-form no.12 with proper application and attachments.

    Step 3 - File for incorporation: The third step is to file the incorporation along with all necessary documents. The form is attached with all the important attachments like MOA, AOA, declarations etc.

    Required documents for Section 8 Foundation Registration

    PAN Card of all Directors.
    Aadhar Card of all Directors
    Address Proof (Mobile Bill, Bank Statement, Telephone Bill)
    Passport Size Photo
    Ownership Proof (Electricity Bill etc)
    Utility Bill (Gas Bill, Electricity Bill)
    NOC

    Mandatory Requirements for Section 8 Company Registration

    Section 8 company are formed by those who do not have any profit motive, rather they have a social objective which they want to achieve. Hence, there mandatory requirement to start the section 8 company are as follows:

    Minimum of two persons are required along with the documents stated above.
    You must have a plan for your social objectives, as ROC may ask for the same.
    Whatever, you choose the capital of the company; you must invest the same into company within 2 months.

    Funding of NGO / Donations / NPO or Section 8 Company

    Section 8 companies are not allowed to raise funds by way of deposits but they can accept donations from the general public. Let us talk about the ways by which it can raise funding:

    Foreign Donations: Foreign donations are allowed only when FCRA registration has been taken. FCRA license can only be applied after three years from the date of registration. However, if it is really urgent to receive foreign donations, then you may apply for prior permission from commissioner.

    Equity Funding: Section 8 company can also raise funding by issuing new equity shares at a higher value.

    Domestic donations: There is no restriction on the domestic donations, however a proper check must be kept in order to avoid the money laundering cases.

    What a Section 8 Company can do?

    Can do any activity which is done without any profit motive.
    Can open branches as there is no specific restriction, however advised to open in limited numbers.
    Give salaries to members/director for there services.
    Can claim income tax exemption by registering under section 12AA and section 80G.

    A Section 8 Company cannot do:

    Cannot take profit from the company directly, but can take in the form of salary, official expenses etc.
    Run with profit motive otherwise all the existing tax exemption shall be withdrawn.
    Cannot take deposits from general public.

    Advantages of Section 8 Company

    No minimum capital requirement
    Income Tax exemption
    Best form to start your NGO/NPO
    Can accept donations

    Disadvantages of Section 8 Company

    Restricted foreign funding
    Strict Compliances
    Cannot take profits from company
    Costly compliance

    We register all types company such as Section 8, One Person Company, Private Limited, Public Limited, etc. Here we have a team of experts and Chartered Accountant which will assist you to register a company in India. The experts at Finance Bazaar can help you to set up your section 8 Company registration in India. To get personalized help for company registration, feel free to write us at hello@financebazaar.com, our experts will get back to you with simplified solutions.

    We provide Section 8 Foundation Registration and many more services in all over India

    Finance Bazaar offering Section 8 Foundation Registration service and other startup registration services like NGO Registration, Food License (FSSAI) Registration, LLP Annual Compliance Service, LLP Registration, Trust Registration, Chartered Accountant Consultation, DIN Activation, Change Company Name, Close or Winding Up Of a Company, Nidhi Company Registration, Society Registration, GST Registration, Private Limited Compliance, Private Limited Company Registration, MSME Udyog Aadhaar Registration, Startup India Registration, One Person Company Compliances, ISO Certification, Copyright Registration, Import Export Code | IEC Certification, GST Return Filing, Public Limited Company Compliances, Producer Company Compliances, 12A 80G Registration, Change Company Address or Registered Office, Change, Add or Remove Company Director, GST Surrender, Section 8 Company Compliances, One Person Company Registration, Producer Company Registration, Company Registration, Section 8 Foundation Registration, Partnership Firm Registration, Nidhi Company Compliances, Trademark Registration, FCRA Registration, Digital Signature Certificate, Income Tax Return Filing, Public Limited Company Registration, Director KYC Verification, NGO Compliances, Commencement of Business Certificate, Sole Proprietor Registration, etc for fresh startups and entrepreneurs. We offer the cheapest and fastest professional services in all states like Haryana, Telangana, Rajasthan, Kerala, Sikkim, Andaman and Nicobar Islands, Assam, Himachal Pradesh, Jammu and Kashmir, Tamil Nadu, Gujarat, Odisha, Andhrapradesh, West Bengal, Chhattisgarh, Mizoram, Punjab, Madhya Pradesh, Puducherry, Goa, Nagaland, Meghalaya, Arunachal Pradesh, Tripura, Jharkhand, Dadra and Nagar Haveli, Uttarakhand, Bihar, Andhra Pradesh, Daman and Diu, Manipur, Delhi, Maharashtra, Uttar Pradesh, Karnataka, etc. Our charges for Section 8 Foundation Registration in India is among the cheapest and most affordable. We deliver what we promise always.