Gurgaon, Gurugram, Haryana

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Prominent & Leading Service Provider from Gurgaon, we offer Section 8 Company Registration.

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Section 8 Company Registration

₹ 21,999/ UnitGet Latest Price

Type Of Industry / BusinessAny
Type Of OwnershipAny
Type Of Service ProviderSection 8 Company Registration
Company LocationPan India
Professional Experience35+ years
Type Of ServiceNew company registration
Type Of IndustryService

non-profit seeking companies or section 8 companies are created for the promotion of charitable objects of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment, etc. These companies intend to apply their profit in promoting its objects and intend to prohibit the payment of any dividend to its members.

the central government has delegated the power to grant license of a section 8 company to the roc. Such companies do not have limited or private limited to their name. A section 8 company enjoys a number of privileges not available to a profit seeking company. For e. G. Such companies have a number of relaxations in terms of compliance and benefits under income tax law.

advantages & benefits:

  1. most reliable form of a charitable organization since it is regulated by companies act.
  2. no such criteria for requirement of minimum share capital
  3. no requirement to have minimum number of directors
  4. ownership is easily transferable
  5. under the income tax act, section 8 company enjoys more tax benefits
  6. no requirement to pay stamp duty in some states
  7. objectives are clear for easy donations and loans requirement
  8. several exemptions and privileges under companiesact 2013
  9. relaxation in many compliances
  10. exemptions in gst
  11. a registered partnership firm can become a member in a section 8 company
  12. can call general meeting by giving 14 days notice instead of 21 days
  13. no need to constitute nomination and remuneration committee and shareholders relationship committee

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Filecrat2nd Floor,245 Vipul Trade Centre Sohna Road, Sector 48, Gurgaon, Gurugram-122018, Haryana, India

Divya Mahajan (Director)

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