How to Register a Section 8 Company: A Step-by-Step Guide

Registering a Section 8 company can seem complex. But with the right guidance, you can simplify the process. I, Komal Ahuja, am here to guide you through the steps. Our NGO company specializes in Section 8 company registration, making it easier for you to focus on your mission.

Understanding Section 8 Companies

Section 8 companies are non-profit organizations under the Companies Act, 2013. These companies aim to promote arts, commerce, education, charity, protection of the environment, and other similar objectives. Unlike other companies, Section 8 companies do not distribute profits to their members. Instead, they reinvest the profits into their objectives.

Step-by-Step Guide to Section 8 Company Registration

1. Choose a Unique Name

Selecting a unique name is the first step. Ensure the name does not resemble any existing company or LLP. The name should reflect the company’s objectives and comply with the Companies Act.

2. Obtain Digital Signatures

Get Digital Signature Certificates (DSC) for the directors. DSCs are essential for filing online forms. They verify the authenticity of documents submitted to the Registrar of Companies (ROC).

3. Apply for Director Identification Number (DIN)

Directors need a Director Identification Number (DIN). Apply for DIN through the Ministry of Corporate Affairs (MCA) portal. You need identity proof, address proof, and a photograph to complete the application.

4. Draft Memorandum and Articles of Association

Draft the Memorandum of Association (MOA) and Articles of Association (AOA). The MOA outlines the company's objectives, while the AOA details the company's rules and regulations.

5. File Incorporation Forms

File the SPICe+ Form (INC-32) along with the MOA (INC-13) and AOA (INC-31) on the MCA portal. Attach the necessary documents, such as the name approval letter, address proof, and identity proof of directors.

6. Obtain License under Section 8

After submitting the incorporation forms, apply for a license under Section 8. File Form INC-12 with the ROC. Attach the MOA, AOA, and other required documents. The ROC will scrutinize your application and grant the license if everything is in order.

7. Get PAN and TAN

Apply for the company's Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN). These are essential for financial transactions and compliance with tax regulations.

8. Open a Bank Account

Open a bank account in the company’s name. This account will be used for all financial transactions and donations.

Additional Registrations for NGOs

CSR Registration Online

Corporate Social Responsibility (CSR) registration is vital for NGOs seeking funds from corporations. Register your NGO on the MCA portal for CSR funding. Ensure you comply with the guidelines set by the government.

Society Registration Online

If you are considering registering a society, the process is different from Section 8 company registration. society registration online involves filing the Memorandum of Association and Rules and Regulations with the Registrar of Societies. Online registration simplifies the process, ensuring quicker approvals.

Conclusion

Section 8 company registration may seem daunting, but with the right steps, you can complete it efficiently. At our NGO company, we provide expert assistance for Section 8 company registration, CSR registration online, and society registration online. Follow these steps, and you'll be on your way to making a positive impact.

Remember, every great organization starts with a single step. Take that step today and register your Section 8 company with ease.

How to Register a Section 8 Company: A Step-by-Step Guide