Section 8 Company / NGO Registration In Gujarat
- Ideal for Social Welfare
- Tax Benefits U/s 80G/12AA
- Simple & Secure Online Process
- Fast track registration takes 10-12 Days
- Qualified Expert Team
- Get Post Incorporation Assistance
Overview
Section 8 Company Registration in Gujarat
A Section 8 Company, as per the Companies Act, 2013 in India, is a unique legal entity established with the primary objective of promoting non-profit activities for social welfare, charity, education, art, science, sports, research, religion, and protection of the environment, Section 8 Companies are eligible for certain tax exemptions under the Income Tax Act, making them an attractive option for those looking to engage in philanthropic activities.
GujaratCorp,your preferred legal advisor, provides an affordable NGO/TRUST registration service in India. We manage all legal processes and make sure that the Ministry of Corporate Affairs (MCA) rules are followed. We provide you an Incorporation certificate (COI), PAN and TAN documents as soon as the Section 8 company/Trust business registration procedure is successfully completed. With these in hand, opening a bank account and starting your business will be easy.
Documents Required
The following documents are requirements for registering a Sec 8 Company/NPO in India
- Directors/Members Documents
- PAN and Aadhaar Card of Indian Members and Directors
- Copy of the latest Bank Account Statement, Telephone Bill, or Electricity Bill of the Members and Directors
- Passport-size photographs of the Members and Directors
- Business Address Proof
- NOC from the Owner, Latest Electricity Bill or Mobile Bill or
Water Bill, Rent Agreement
- NOC from the Owner, Latest Electricity Bill or Mobile Bill or
- Directors/Members Documents
Process
Steps For Company Registration Process
1
Obtain DSC
2
Reserve Your Company Name
3
Submission of MOA & AOA
4
Get Company’s Incorporation Certificate
5
Get Company’s PAN & TAN
Advantages
Advantages of Section 8 Company / NPO
- Section 8 companies registered under section 12AA of the Income Tax Act are entitled to a 100% tax exemption since they allocate their profits toward charitable endeavors. This exemption is particularly advantageous because it renders the profits generated by these entities exempt from taxation.
- The name of a Section 8 Company must end with the words prescribed for this purpose like foundation, forum, association, federation, chambers, confederation, council, electoral trust, etc
- Assists in exploring avenues for securing benefits such as tax exemptions and funding opportunities.
- Section 8 companies adhere to rigorous legal compliance frameworks, bolstering their credibility in terms of legal standing. In contrast to NGOs and trusts, Section 8 entities adhere to stringent post-registration compliances, thereby enhancing their reliability.
Comparison
Select the business structure that works best for your company
| Criteria | Section 8 Company | Society | Trust |
| Formation Law | Companies Act, 2013 | Societies Registration Act, 1860 | Indian Trusts Act, 1882 |
| Formation Process | Requires a license under Section 8 | Registration with the Registrar of Societies | Establishment through a trust deed |
| Legal Structure | Company | Society | Trust |
| Regulation and Compliance | Governed by the Companies Act, subject to MCA regulations | Regulated by the Societies Registration Act, overseen by the Registrar of Societies | Governed by the Indian Trusts Act, compliance monitored by the Charity Commissioner (in some states) |
| Management Structure | Board of Directors | Managing Committee or Governing Council | Trustees |
| Name Approval | Requires approval from the Registrar of Companies | Name registration with the Registrar of Societies | Name determined by the settlor in the trust deed |
| Flexibility in Management | Managed by a board of directors | Governed by a managing committee or governing council | Administered by trustees |