Non Profit Organization/Section 8

The main goal of forming a Section 8 corporation is to promote non-profit goals like trade, business, the arts, charity, education, religion, environmental protection, social welfare, sports research, and so on.

In India, a non-profit organisation can be registered with the Registrar of Societies or as a non-profit company under the Company Act, 2013, Section 8 Company. If this company makes any earnings, they are used to further the company’s goals rather than being dispersed as dividends to its shareholders.

Under the former Companies Act, 1956, a Section 8 Company was the same as a Section 25 Company. Section 25 of the new Companies Act of 2013 has been renamed Section 8.

Register a Company in 5 Easy Steps

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Fill out our simple form

You must complete and submit a simple questionnaire with your information as well as supporting documentation.

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Obtain the Director of NPO's DSC and DIN

Then we'll apply for DSC and DIN for directors, as well as NPO approval.

Approval of a Name

The proposed names must be distinct from those of other firms that have already been registered

Apply for License

We shall apply to the Central Government for a Section 8 License. Form is the best format to utilize, and you should also apply for the COI.

Your Section 8 business is now up and running

We'll apply for your PAN and TAN as soon as all of the steps have been completed and your Section 8 Company has been registered.

Documents Required for Non Profit Organization

  1. The Directors’ DSC and DIN
  2. The company’s goals and suggested work.
  3. Financial statements, such as assets and liabilities, five-year projections, and so on.
  4. Personal records of the directors
  5. Documents proving the registered office address, such as a leasing agreement or a sale deed in the company’s name, and utility bills that are no more than two months old.

Advantages

1. More organised operations and flexibility.

2. There is no lengthy registration process.

3. There is no requirement for physical presence.

4. There is no minimum paid-up capital requirement.

5. Tax advantages under sections 12AA and 80G of the Income Tax Act.

6. Any partner in a partnership firm can become a director in their own right.

OUR PRICING PLANS

Standard

₹ 14,999

Gold

₹ 16,999

Platinum

₹ 19,999