Section 8 company registration is an online procedure in which the person can register their Non-profit organization.
The section-8 company works only for social welfare without earning any profit. The main objective is to promote & development of society, protection of the earth, living creatures, environment and also promote education, arts, science, commerce, literature, etc. It is registered under companies act either as a private limited company or public limited company as required but there is no need to mention “private limited” or “limited” at the end of the name. It has all the features like private limited or public limited company Minimum of 2 people are required if it is started as a private limited company and 7 if it is started as a public limited company. There is no need to have any minimum capital amount to start section 8 company registration, it can be started with Rs. 100/- capital as well. The government will grant the license for social activity at the time of issuance of the certificate of incorporation which is valid until it is surrendered or revoked by the government itself. The registration is valid for the lifetime but to maintain the active status the company has to do annual compliances every year it includes ROC filing, ITR, KYC, preparation of balance sheet, profit & loss a/c, conducting board meeting and general meetings etc. if the company fails to do these compliances, then there is penalty provision which the company and directors have to face.
Documents Required For Section 8 company Registration:
Shareholder/ Director
Registered office address proof
NOTE: The address proof as mentioned above should be latest and not be older than 2 months.
Procedure to register the section-8 company:
Also Read: Advantages And Disadvantages Of Section 8 Company
Trademark Registration Online In India
Register trademark online from India's Top Rated Consultants Register Experts. The procedure to get the trademark is online, the applicant does not need to go anywhere, the complete service for the trademark is provided online.How To Do LLP Registration Online In India
Apply limited liability partnership registration in India with Top rated registration service provider. Simple, Fast & Hassle-Free Process. 100% online process.