Section 8 Company Registration
Section 8 Company registration is designed for non-profit organizations that aim to promote various societal causes, such as education, sports, science, religion, research, social welfare, and cultural activities.
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Overview
Section 8 Company registration is designed for non-profit organizations that aim to promote various societal causes, such as education, sports, science, religion, research, social welfare, and cultural activities. Unlike other business entities, a Section 8 Company uses its revenue solely to further its objectives rather than distributing profits among members. This type of company is governed under Section 8 of the Companies Act, 2013. It requires a minimum of two directors for a private limited company and three directors for a public limited company, but does not require a minimum paid-up or authorized capital. This page outlines the key aspects of Section 8 Company registration, including requirements, regulations, advantages, eligibility, necessary documents, the registration process, and why Kickstart Business Advisors is your ideal partner in this journey.
Requirements of Section 8 Company Registration
Regulations
Section 8 Companies are regulated under the Companies Act, 2013. They must maintain accounts and file returns with the Registrar of Companies. The MOA and AOA must comply with regulations set by the Central Government, and tax and GST provisions must be adhered to.
Advantages of Section 8 Company Registration
Eligibility
Documents Required for Section 8 Company Registration
To start with the process of registration, the applicant first needs to know the documents required for Section 8 Company Registration. These are as follows –
Registration Process
The Section 8 registration process includes the following steps:
Why Kickstart Business Advisors?
Navigating the complexities of Section 8 Company registration can be daunting. Kickstart Business Advisors offers expert assistance to streamline the process, ensuring compliance with all regulations. Our experienced team of lawyers, CA, and CS professionals will guide you through every step, from document preparation to final registration, saving you time and ensuring smooth incorporation.
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