Section 8 Company

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Section 8 Company

Companies registered only for the purpose of following activities are registered under Section 8 of the Companies Act, 2013, and hence are called Section 8 Company.

  • Promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of the environment or any such other object (charitable objects).
  • Apply its profits, if any, or other income in promoting its objects.
  • Prohibit the payment of any dividend to its members

Section 8 Company is registered as a Non-Profit organization and can registered either as a Public Company or a Private Company with or without share capital.

Conditions for forming Section 8 Company:

Documents Required for Registration

DIRECTORS/SUBSCRIBERS DOCUMENTS

  • Digital Signature of all Directors & Subscribers
  • Director Identification Number (DIN) of Directors and Subscribers.
  • If Directors and Subscribers are not having DIN then,
    • PAN (Mandatory for Indian National)
    • Passport (Mandatory for Foreign National)
    • Address Proof (any 1 of the following)
      • a) Latest Utility Bill (viz Electricity Bill/ Gas Bill/ Telephone Bill/ not older than 2 months)or
      • b) Bank Statement (not older than 2 months)
    • ID Proof (any 1 of the following)
      • Voter ID
      • Passport
      • Driving License

REGISTERED OFFICE DOCUMENTS

  • If Registered Office Property is owned by Company/Director then OWNERSHIP PROOF in the name of Owner (any 1 of the following)
    • Sale/ Conveyance Deed
    • Maintenance Receipt (Latest)
  • If Registered Office Property is not owned by Company/Director then (any 1 of the following)
    • Lease Deed/ Leave & License Agreement/Rent Agreement
  • Mandatory Latest Utility Bill (viz Electricity Bill/ Gas Bill/ Telephone Bill/ not older than 2 months)

Or

Bank Statement (not older than 2 months)

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