Section 8 Company Registration & Compliance in India
📌 What is a Section 8 Company?
A Section 8 Company is a not-for-profit company incorporated under Section 8 of the Companies Act, 2013, established to promote charitable objectives like education, healthcare, research, environmental protection, sports, or social welfare. Unlike other companies, a Section 8 Company cannot distribute profits to members; any surplus must be reinvested to further its objectives.
📌 Key Features of a Section 8 Company
- Can be incorporated as a company limited by guarantee or by shares (without profit distribution).
- Requires approval from the Registrar of Companies (RoC) under Section 8(1) of the Companies Act, 2013.
- Can receive tax exemptions under Income Tax Act, 1961 for charitable purposes, provided compliance is maintained.
- Can raise funds through donations, grants, CSR contributions, and membership fees but not for profit sharing.
- Must comply with governance, bookkeeping, accounting, and reporting standards under the Companies Act, 2013.
📌 Eligibility Criteria for Section 8 Company
To register as a Section 8 Company, the entity must:
- Have at least two promoters committed to charitable objectives.
- Draft a Memorandum of Association (MoA) and Articles of Association (AoA) explicitly stating objectives and non-profit intent.
- Obtain a license from the RoC under Section 8(1) & 8(2) of the Companies Act, 2013.
- Maintain a registered office in India.
- Ensure profits are used only for promoting the company’s objectives.
📌 Documents Required for Section 8 Company Registration
- Identity and address proof of promoters/directors.
- Proof of registered office (utility bill/rental agreement).
- MoA and AoA with charitable objectives.
- Board resolution approving incorporation under Section 8.
- Director declarations (Form DIR-2 and INC-9).
- NOC from property owner if office is rented.
📌 Advantages of Registering as a Section 8 Company
- Legal Recognition: Registered under Companies Act, 2013.
- Limited Liability: Members are liable only up to the extent of their guarantee.
- Tax Benefits: Eligible for exemptions under Section 12A & 80G of the Income Tax Act, 1961.
- Fundraising Flexibility: Can accept donations, grants, and CSR funds.
- Perpetual Succession: Company continues despite changes in members.
- Professional Governance: Bookkeeping, accounting, and statutory reporting builds trust with donors and regulators.
📌 Our Section 8 Company Services Include
Incorporation & Licensing:
- Drafting MoA and AoA under Section 8 of Companies Act, 2013.
- Filing license application with RoC for approval under Section 8(1) & 8(2).
- Assistance with Director Identification Numbers (DIN) and Digital Signature Certificates (DSC).
- Preparation of board resolutions and statutory documentation.
Post-Incorporation Compliance & Accounting:
- Bookkeeping and accounting as per Companies Act, 2013.
- Preparation of annual financial statements and statutory registers.
- Filing annual returns (Form AOC-4, MGT-7) with RoC.
- Advisory for audit requirements and tax exemption compliance.
- Guidance on CSR, grant utilization, and fund management.
Governance & Advisory:
- Maintaining proper records for charitable activities and fund utilization.
- Advisory on tax planning, regulatory compliance, and funding strategies.
- Representation before authorities if required.
📌 Why Partner With India Stat Filing
- Experienced team handling Section 8 Company incorporation and post-incorporation compliance.
- End-to-end support: registration, bookkeeping, accounting, audits, and statutory filings.
- Ensures legal and regulatory adherence, reducing risk of penalties.
- Transparent guidance on tax exemptions, donations, and governance.
- Timely updates on approvals, filings, and compliance deadlines.
📌 Our Commitment
India Stat Filing ensures your Section 8 Company is fully compliant, operationally ready, and professionally managed. We handle everything from incorporation, bookkeeping, accounting, and annual filings to advisory on fund utilization, allowing you to focus on your charitable mission.
📞 Get Started Today
Register your Section 8 Company with India Stat Filing and streamline incorporation, accounting, and compliance while maximizing impact. Contact us for professional, end-to-end support.