Section 8 Company / Trust
Register Your Partnership Firm in India
Comprehensive Packages available
Say goodbye to delays and complications! Register your business with India’s leading provider of company incorporation services. We guarantee document uploads to the MCA at the earliest. (*T&C apply).
Why Choose FAST Solutions
1. Experience and Expertise
Our accounting firm leverages years of experience and deep expertise to manage all your financial needs efficiently. Our highly skilled professionals possess intricate knowledge of accounting principles, tax regulations, and financial strategies. We stay at the forefront of industry trends to deliver precise and efficient financial management services.
2. Personalised Approach
We recognize the unique nature of every business. Our tailored approach involves understanding your specific financial goals, challenges, and aspirations. This personalized understanding allows us to craft bespoke solutions that empower you to make well-informed financial decisions and enhance your financial performance.
3. Comprehensive Services
We offer an extensive range of services to meet your diverse financial management needs. From meticulous Book-keeping and precise payroll processing to strategic tax planning and in-depth financial analysis, our comprehensive services save you time and enable you to focus on more productive endeavors.
Section 8 Company / Trust Registration Process
Step 1
- Application for Digital Signature Certificate (DSC)
Step 2
- Checking name availability
- Application for Name Reservation under "RUN"
- Reservation of Name
Step 3
- Drafting of Memorandum of Association (MoA), Articles of Association (AoA), and other required documents
- Payment of Stamp Duty
- Notarization of required documents
Step 4
- Application to grant a license in form INC-12
- Government processing time for approval
- License under Section 8 in form INC-16
Step 5
- Filing application for company registration
- Application for Director Identification Number (DIN) Allotment
- Application for PAN and TAN of the company
Step 6
- Government processing time
- Certificate of Incorporation
Get a Free Quote
All fileds are mandatory
Our Comprehensive Services
- DIN & DSC of 2 Directors
- Scan copy of MoA & AoA
- Certificate of Incorporation
- PAN & TAN Card of Company
- Name Search & Approval (One Time)
- PF & ESIC Registration
- Professional Tax Registration
- Bank Account Opening
Add-Ons
New Company ROC Compliance
What is a
Section 8 Company
A Section 8 Company is a type of company registered under the Companies Act, 2013, with charitable objectives such as the promotion of arts, commerce, science, education, sports, environmental protection, religion, charity, and more. While it can generate profit, it cannot distribute the profit among its members; all income must be used for the charitable purposes for which it is registered.
The charitable company is registered under Section 8 of the Companies Act, 2013, which provides it special status due to its objects. Compared to other types of companies, Section 8 company enjoys various exemptions and relaxations.
Documents Required for registration of
For Shareholders and Directors
- Latest Passport Size Photograph
- PAN Card
- Identity Proof (Voter ID/Passport/Driving License)
- Address Proof (Telephone Bill/Electricity Bill/Latest Bank Account Statement)
For Business
- Electricity Bill/Telephone Bill of the registered office address in India
- No Objection Certificate (NOC) from the owner
- Rent Agreement (if any)
- Estimated Statement of Income & Expenditure for the next three years
Identity Proof
- Voter ID/ Passport/ Driving License of Shareholders and Directors
Address Proof
- Telephone Bill /Electricity Bill/ Latest Bank Account Statement of Shareholders and Directors
Business Address Proof
- Electricity Bill/ Telephone Bill of the registered office address in India
NOC from owner
- No Objection Certificate to be obtained from the owner(s) of registered office
Rent Agreement
- Rent Agreement of the registered office should be provided, if any
Statement of Income & Expenditure
- Estimated Statement of Income & Expenditure for next three years
Advantages of
Incorporation of Section 8 company
1. Tax and compliance exemptions
A Section 8 Company enjoys various tax exemptions and relaxed compliance requirements, reducing government interference and administrative burdens.
2. Separate legal identity
The company obtains a separate legal identity, meaning it can own assets and liabilities independently of its members. Changes in membership do not affect its existence or operations.
3. Limited Liability
Members' liability is limited to the extent of their capital contribution. Personal assets of members or directors are not at risk in case of losses or obligations.
4. No corporate titles
A Section 8 Company is not required to use "Private Limited" or "Limited" in its name, focusing attention on its charitable purpose rather than its corporate status.
Frequently Asked Questions
What are the minimum requirements to register a charitable company in India?
To register such company, the promoters have to ensure the following:
- The main object of the company must be to operate for a charitable purpose and among those prescribed in law
- Minimum 2 members of the company, who shall subscribe to capital on incorporations
- Minimum 2 directors in the company, one of which must be Indian citizen and resident
- The registered office of the company must be situated in India
What is the minimum capital required?
There is no minimum amount of capital prescribed for the charitable company. The promoters may introduce the amount sufficient to start and run business.
How to reserve the name of company?
The name of the company should be formulated as per the naming guidelines. The application for reservation of name is made in web-form called “RUN” with a maximum of 2 unique names. The registrar may ask to re-submit the application with a different name if the names do not fulfill the requirements.
How to obtain approval of Central Government for non-profit company registration?
The promoters shall apply in e-form INC-12 for said approval from Central Government. The form is accompanied with MoA – AoA of the company, declarations from promoters, estimated statement of income & expenditure for next three years, etc. If the application is approved, the approval letter is issued in form INC-16.
Whether physical presence of the promoters is required while registration?
No. The registration process is completely online, the physical presence of the promoters is not required. All the documents and details can be transmitted through the mail or uploaded on our portal.
Can NRIs/Foreign Nationals be a Director in a Section 8 company?
Yes, an NRI or Foreign National can be a Director in a Section 8 Company after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be an Indian citizen and a resident.
Whether Section 8 company and NGO registrations are same?
The Section 8 company is popularly known as NGO. However, NGOs can be registered as other business structure like trust, society, etc.
Whether Section 8 company and NGO registrations are same?
The Section 8 company is popularly known as NGO. However, NGOs can be registered as other business structure like trust, society, etc.
Can section 8 or Charitable company declare dividends?
A Section 8 or Charitable Company shall not pay any dividend to its members, but apply the surplus of receipts over payments for the promotion of its objectives.
What is the validity of the registration of Section 8 company?
Once the company is incorporated, it is in existence and active as long as the annual compliances are met with regularly or it is wound-up voluntarily.
