A non-profit organization (NPO) is dedicated to furthering a particular social cause or advocating for a shared point of view. In economic terms, it is an organization that uses its surplus of the revenues to further achieve its ultimate objective, rather than distributing its income to the organization's shareholders, leaders, or members. Non-profits are tax exempt, meaning they do not pay income tax on the money that they receive for their organization. They can operate in religious, scientific, research, or educational settings.

We at “my easy filling” will make it easy for you to constitute a Non-profit organization with end to end help from our professional team.

Section 8 Company

A Section 8 Company is an organization which is registered as a Non-Profit Organization (N.P.O.) which pertains to established 'for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object', provided the profits, if any, or other income is applied for promoting only the objects of the company and no dividend is paid to its members.

A Section 8 Company is similar to a Trust or Society; expect, a section 8 Company is registered under the Ministry of Corporate Affairs. Trusts and Societies are registered under State Government regulations. The central government provides an incorporation certificate to all such companies and also informs them about some restrictions and conditions. In case fraud objectives of the Company are proved, legal action will be taken against all officers of the Company.

A section 8 company has various advantages when compared to Trust or Society like improved recognition and better legal standing.

 

Advantages of Registration

  • Incorporate under the companies act, 2013
  • No need to use word private limited or limited
  • All of Profits utilize for the promotion of the objective of the company it self
  • Income tax benefits
  • Easily transferable

Documents required

  • Passport size photograph of the directors
  • Identity and address proof of directors
  • Copy of pan card or passport of directors
  • Proof of registered office - utility bill/rent agreement/sale deed
  • No objection certificate from landlord

Packages

Silver

. 25501.00/- inclusive of all fees
  • Section 8 Company Registration with 2 DSC and 2 DIN upto 5 lakh authorised capital
  • PAN and TAN registration
  • 100 Share Certificates and 10 MOA/AOA

Gold

. 32501.00/- inclusive of all fees
  • Section 8 Company Registration with 2 DSC and 2 DIN upto 5 lakh authorised capital
  • PAN and TAN registration
  • 100 Share Certificates and 10 MOA/AOA
  • Income tax return and ROC compliance for one year

Platinum

. 55501.00/- inclusive of all fees
  • Section 8 Company Registration with 2 DSC and 2 DIN upto 5 lakh authorised capital
  • PAN and TAN registration
  • 100 Share Certificates and 10 MOA/AOA
  • Income tax return and ROC compliance for one year
  • One Year Accounting upto 100 entries per month