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Being an NPO or Non-profit Organization does not mean that your company cannot make profit. In fact, it only signifies that the promoters of such companies will not benefit from the profits earned by the company. All income must be applied towards promoting and achieving its objectives. Tax reliefs are available to these companies as well as their donors who want to avail tax exemptions against donations made under section 8 of Companies Act 2013 in India.
Registering as a Section 8 Company offers many benefits. It helps:
Here’s everything you need to know:
An Individual, HUF is eligible to start a Section 8 company in India.
Two or more persons who will act as Directors or shareholders should fulfil all the compliances and requirements of the Section 8 company incorporation under the Act.
There must be at least one director who should be a resident of India in the Section 8 company.
The Company must intend to apply it’s profits (if any) or other income in promoting these objects - sports, social welfare, the advancement of science and art, education and financial assistance to lower-income groups.
It must intend to prohibit the payment of any dividend to it’s members.
Director's Documents
Director's PAN
Director's ID Proofs
Aadhaar Card or Voter ID or Passport or Driver's License
Address Proofs:
Latest one month Savings Bank statement or
Latest Telephone Bill on his own name or
Latest Moblie Bill on his name or
Latest Electricity Bill on his own name.
Director's latest passport size photograph
Director's Email ids
Incase of Foreign directors, International Passport is mandatory
Company Documents
Registered Office Address Proof: Latest Power Bill
No-objection letter from the Landlord.
Rental Agreement from the landlord if the premises are rented.
Company email id.
Step 1: Reservation of Company’s Name
Step 2: Collection of Directors and Company reg office docs
Step 3: Procuring Digital Signature Certificate
Step 4: Writing MoA & AOA
Step 5: Application for the Incorporation of Company
Step 6: Approval of Company registration
LLP
Step 1: Reservation of LLP’s Name
Step 2: Collection of Partners and LLP reg office docs
Step 3: Procuring Digital Signature Certificate
Step 4: Application for the Incorporation of LLP
Step 5: Approval of LLP registration
Step 6: Writing LLP Deed
Step 7: Filing of LLP Deed
Geetha's Home to Home
SRIMATHI was very helpful, guided me through the whole process and kept me updated. I am looking forward to working with her again.
Samedreamz Pvt Ltd
Bizpole has very competitive pricing and great service. Had an effortless experience in registration and valuable customer support.
Malayanma Vision
I had great service with Bizpole,Thanks for helping out with the registration. They have Affordable Prices and Great Customer Support. Truly a One Stop Solution for Business.
Spice Producer Company
I had zero knowledge of procedures or the legal parts of LLP. Consulting Bizpole was one of the best decisions I took. From incorporation to IT filing operation, they helped me out with everything. I am thoroughly satisfied with their service.
Get immediate answers by chatting with one of our incorporation agents
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