Sec 8 Company Registration

Complete Assistance for Sec 8 Company Registration

SwiftTax service assistance covers pre and post incorporation of a Sec 8 Company to provide you guided and expert assistance to scale your objectives and reach

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Sec 8 Company Registration

Complete Assistance for Sec 8 Company Registration

SwiftTax service assistance covers pre and post incorporation of a Sec 8 Company to provide you guided and expert assistance to scale your objectives and reach.

Get Free Consultation

Fill out this form and lets connect!

SwifTax Assistance for Forming a Sec 8 Company

A Section 8 Company is the same as a Section 25 Company under the old Companies Act of 1956. Registration as a Section 8 Company primarily serves the purpose of promoting non-profit objectives, such as trade, commerce, arts, charitable organizations, education, religion, environment protection, social welfare, and sports research.

To incorporate a Section 8 Company, a minimum of two directors is required. Also, there is no requirement for minimum paid-up capital. A non-profit organization can be registered under the Registrar of Societies or under Section 8 of the Company Act, 2013.

Documents Required :

Application

SwiftTax helps you follow the procedure for applying for incorporation of section 8 with the companies Act 2013 and to submit the necessary documents for incorporation of the company.

Documentation

We will help you draft and submit the documents required for the incorporation of the company regulating the rules and laws of government.

Registration

SwiftTax assists you with the authentication and payment processes and offers support till you get issued for the certification of incorporation.

Frequently Asked Questions

What is SPICe Form 32?

In February 2020, the Ministry of Corporate Affairs (MCA) introduced a new electronic form called SPICe (Simplified Proforma for Incorporating a Company Electronically) to streamline and simplify the process of incorporating a company in India. This form replaces the more complex and paperwork-intensive process that was previously used for incorporation, making it easier for businesses to set up and operate in India.

Is Section 8 a small business company?

According to Section 2 (85) proviso (B), a Section-8 company cannot be classified as a small company.

Is it possible for LLP or a Partnership firm to be a member of Section 8 Company?

Under the Companies Act, 2013, it is possible for a Limited Liability Partnership (LLP) or a partnership firm to become a member of a Section 8 company.

What is the difference between NGOs and Section 8 companies?

In India, a non-governmental organization (NGO) that intends to serve a charitable purpose can be registered as a society, trust, or Section 8 company. The definition of a charitable purpose is provided in Section 2 (15) of the Income Tax Act.

What's better, trust society or a Section 8 company?

An NGO in India that is seeking to serve a charitable purpose can be registered as a society, trust, or section 8 company. The definition of a charitable purpose is provided in Section 2 (15) of the Income Tax Act. These three types of legal entities are recognized as suitable for NGOs that are engaged in charitable activities, as they provide the necessary legal framework and protections for the organization to operate and pursue its mission effectively.

Do Section 8 companies pay tax?

Yes, Section 8 companies in India are required to pay tax just like any other business. Section 8 companies are non-profit organizations that are recognized by the government as having a social or charitable purpose. However, they are still required to pay taxes on any income generated through commercial activities or investments. Additionally, they may be required to pay VAT (Value Added Tax) on goods and services, they provide.