SECTION 8 COMPANY REGISTRATION

( NGO Registration )

The concept of non-profit making company is quite old in India. In erstwhile Companies Act, 1956 it was regulated by Section 25 and that is why it was popular as Section 25 Company. However in Companies Act 2013 provisions related to non-profit making company are given in Section 8 read with Rule 19 and 20 of Companies (Incorporation) Rules, 2014.
Section 8 Company Registration is named Section 8 of the Companies Act, 2013, which pertains to a 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.

· There may be 3-4 forms of a Charitable Organization in India and such organization can be formed/registered as trusts, societies, or as a non-profit company(NGO Company) incorporatedunder Section 8 of the Companies Act, 2013.

The Name of Section 8 Company Registrationcan end without the addition to its name of the word “Limited”, or as the case may be, the words “Private Limited”. ((Section 8(1) )
Section 8 company registration also has higher credibility amongst donors, Government departments and other stakeholders.

· A Section 8 Company Incorporation is similar to a Trust or Society or Ngo Registration; but a Section 8 Company is registered under the Central Government's Ministry of Corporate Affairs. Whereas Trusts and Societies are registered under State Government regulations.

The Registration Procedure of Section 8 Company is that of Similar to Private /Public Company as the case may be except of additional requirement of taking License from CG after name approval.

NGO Registration Just Rs. 18000 All Inclusive.

DOCUMENTS REQUIRED

DOCUMENTS REQUIRED FOR NGO REGISTRATION :

Self attested Copy of PAN Card of all the proposed directors.
Self attested Copy of ADDRESS PROOF (Voter ID/DL/Passport/Aadhar Card)of all the proposed directors.
Self attested Copy of Bank Account Statement/Electricity Bill/Mobile Bill of all the proposed directors.
Passport size 4 Photographs of all the proposed directors.
Duly signed DSC Form of all directors of the proposed company.
Copy of current Electricity Bill/Water Bill/House Tax etc. for the premises proposed to be used as registered office of the Company.
If the property is rented, then Rent Agreement and NoC from owner of property.

INFORMATION REQUIRED WITH REGARD TO THE SECTION 8 COMPANY REGISTRATION :

Directors Detail:

Educational Qualification of all the Directors.
Profession/Occupation of all the directors with area of Operation
Citizenship alongwith Residential Status of all the Directors
Place of Birth of all the Directors
Permanent & Present Residential Status of all the Directors
Contact Numbers of all the Directors
Email Ids of all the Directors

Company Detail :

Preference wise Proposed names of the Company with Significance of the name
State in which Company is to be registered.
Authorized and Paid Up capital of the Proposed Company
Main Object of the Proposed Company
Division of paid Up capital among the Subscribers.
Number of Proposed Directors
Number of Proposed Shareholders
Whether the promoters are carrying on any Partnership firm, sole proprietary or unregistered entity in the name as applied for?
Whether the proposed name(s) contain(s) name of any person other than promoter(s) or their close blood relatives.?
Whether the proposed name(s) include(s) the name of relatives?