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)