Section 8 Company Registration
Section 8 Company Registration
Years of Experience
What’s Included?
Company Name Approval Company PAN & TAN Company Master Data DSC with Token Post Incorporation Documents & DSC Dispatch Support Incorporation Certificate PF & ESIC Registration Section 8 License, AOA & MOA Bank Account Opening Support Dedicated Incorporation Manager
Section 8 Company Registration in Bihar - Process & Fees,
Section 8 Companies are non-profit under the Companies Act, 2013 with a social or charitable object such as education, healthcare, rural development, environment conservation, women empowerment, etc. It is a company that does not distribute profits among its members but re-invests its income in the promotion of objectives outlined in its charter.
Start a Section 8 Company, which is integrated to avail of multiple advantages such as tax exemption under Sections 12A and 80G of the Income Tax Act, provides legitimacy, and mentorship by the Government for its social activities. They prefer this structure over other entrepreneurs, NGOs, and nonprofits for limited liability, perpetual succession, and the exemption from using the designation 'Limited' or 'Private Limited' in the name.
The process of registration culminates with obtaining a digital signature certificate (DSC), director identification number (DIN), Ministry of Corporate Affairs (MCA) approval of names, filing incorporation documents, and a Section 8 license. Since Bihar is growingly being stimulated by social development and infrastructure development, the formation of the Section 8 Company thus provides the perfect opportunity for persons and organizations seeking long-standing social impact and legal and fiscal advantages.
Section 8 Company Sample Documents
Section 8 Company Registration Process in Bihar
Learn How to apply for Section 8 company registration? Given below is the complete registration process of Section 8 company in Bihar, you can follow the process to register your Section 8 Company in Bihar within a few days:
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Step 1: Apply for Digital Signature Certificate
The registration process of section 8 company begins with the application of Digital Signature Certificates. A DSC or Digital Signature Certificate is a type of certificate which works as a proof of identity for signing online forms or used in the company registration process. Application process of DSC is completely online and it can be availed from the concerned authorities within 24 hours of application. Once the DSC is received, Form DIR-3 is to be filed with ROC for getting a DIN( Directors Information Number) from the ministry.
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Step 2: Apply for a unique Business Name
To register a section 8 company, a unique name has to be approved by the concerned authority and the process of checking the name availability is completely online through a web application called Reserve Unique Name(RUN), introduced by the Ministry of Corporate Affairs to reserve a unique name for your Section 8 Company.
You can also use our Name Search tool to check for the name availability.
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Step 3: Apply for Section 8 company License
To register a Section 8 Company, you need to then fill Form INC-12 and submit it to the registrar of the company. This is a very important step as before getting a certificate of incorporation, you need to get License from the Ministry of Corporate Affairs under Section( 1 ) of the Companies Act, 2013. Post approval of the Form from the ministry, you will be issued a 6 digit Section 8 license number.
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Step 4: Filing of SPICe Form (INC-32)
The next step after getting DSC, and Section 8 company license, is to file a SPICe form, which is a proforma for getting your Section 8 company incorporated online. The details that you need to fill in the form are given below:
- Details of the Company
- Details of Members and Subscribers of MoA and AoA.
- Application for Director Identification Number(DIN)
- Application for PAN and TAN
- Declaration by Directors and subscribers
- Declaration and certification by Professional
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Step 5: Filing of e-MoA(INC-33) and e-AoA(INC-34)
The SPICe, eMoA, and eAoA are important forms which are required to be filed while applying for the Section 8 company incorporation. MoA is defined under Section 2(56) of the Companies Act, 2013 and MoA defines the powers and objectives of any company whereas AoA is defined under Section 2(5) of the Companies Act, 2013 in which internal structure and rules and regulations of the management is defined.
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Step 6: Issuance of Certificate of Incorporation
The final step after approval of the documents is issuance of the certificate of incorporation by the Ministry of Corporate Affairs. After getting the certificate, the company needs to open a current bank Account for the company within 2 months of getting the incorporation certificate.
Read this - NGO Registration Complete Process and Fees
Registration Fees for Section 8 Company in Bihar
The total Registration fees of Section 8 company registration in Bihar is Rs 7,499, including Govt Fees and Professional fees of Professional Utilities.
On average, it takes around 10-14 working days to register a Section 8 company in India, subject to document verification by the Ministry of Corporate Affairs (MCA).
| Section 8 Company Registration in Bihar | Registration Fees |
|---|---|
| ✅ Digital Signature Certificate Fee | ₹1,000 |
| ✅ Government Fee(Stamp Duty) | ₹2,500 |
| ✅ Professional Fee | ₹3,999 |
| ✅ Total Cost | ₹7,499* |
Charges applicable for DSC certificate would be paid directly to certifying agencies.
Note - The above mentioned state wise registration fees includes
registration for 2 members with minimum Authorised capital of Rs 1,00,000, Government Fees(Stamp
Duty) and Professional fees.
The fees may vary if the number of members or Capital is increased or decreased.Charges applicable
for DSC certificate would be paid directly to certifying agencies.
Also Check - State wise Registration Fees of Section 8 Company in India
Documents Required for Section 8 Company Registration in Bihar
Given below is the list of all the necessary documents required for Section 8 Company registration in Bihar.
Identity and Address Proof of Directors/Shareholders
- Passport size photographs of the directors
- Copy of Aadhar Card
- Copy of PAN Card or Passport (in case of foreign national or NRI)
- Copy of latest bank statement and utility bill
Address Proof of Registered Office
- Copy of electricity/water/gas bill (not older than two months)
- Rent agreement with Aadhar card and PAN card of owner
- Property Tax Receipt / Sale deed / POA
- No Objection Certificate (NOC) from the owner of the property
- 3 GPS Based Photograph of Registred office
Read More - Documents Required for Section 8 company registration
Documents We Will Provide after Registration
After successful registration of a section 8 company, you will be provided with the following documents.
What is Section 8 Company registration?
A Section 8 Company is a type of Hybrid Company that is formed under the Companies Act 2013 with the primary aim of carrying on charitable activities such as education, health care, surroundings, environment, sports, etc. Peculiar to the Section 8 Company, profit earned in the company is not distributed to the members of the company but is retained to fulfill the company’s goals and objectives.
Such a company is legally recognized and has tax exemption under sections 12A and 80G of the Income Tax Act as well as enjoys more competition credibility in the nonprofit sector. It also has features of limited liabilities, immunity of dissolving/liquidation, and exemption from using the word “Limited” or “Private Limited” in its business name.
The procedure for registration includes obtaining the DSC, DIN, name approval, Section 8 license, and incorporation certificate from the MCA. A Section 8 Company is suitable for NGOs, social entrepreneurs, and all types of organizations that function for public benefit.
Advantages of Section 8 Company
Section 8 companies, also known as not-for-profit companies, are registered under Section 8 of the Companies Act, 2013. These companies have the following advantages:
- Charitable Objectives: The primary objective of a Section 8 company is to promote art, commerce, education, charity, religion, and other such social welfare activities. The company can undertake any legal activity that falls under this category, without the intention of making profits.
- Tax Benefits: Section 8 companies are eligible for tax exemption under Section 12A and 80G of the Income Tax Act, 1961. This means that the company does not have to pay taxes on its income, and donors who contribute to the company are eligible for tax deductions.
- Limited Liability: Section 8 companies have limited liability, which means that the members or shareholders are not personally liable for the debts of the company. Their liability is limited to the amount of shares they hold in the company.
- Perpetual Existence: Section 8 companies have perpetual existence, which means that the company continues to exist even if the members or shareholders change. This ensures that the social welfare activities of the company are not affected by changes in ownership.
Overall, the Private Limited Company structure offers several advantages that make it a popular choice for small and medium-sized businesses looking for limited liability and access to capital.
We offer three packages depending on what you need on Day 1 after incorporation. Prices below are Professional Utilities' all-inclusive fees (government + professional) and are GST-exclusive.
₹9,499
- Incorporation Certificate
- DSC for Partners
- DSC for 2 Directors
- DIN for 2 Directors
- Stamp Duty Charges
- PAN & TAN
- Company Master Data
- MOA & AOA
- EPF Certificate
- ESIC Certificate
₹16,499
- Basic Plan+
- GST Registration
- Auditor Appointment
- Commencement of business
- Issuance of Share Certificate
- MSME Registration
₹46,499
- Standard Plan+
- Annual Compliances
- Trademark Registration
- CSR-1 Registration
- 12A & 80G Registration
- Current Account Opening Support
Conclusion
If you're looking to establish a non-profit organization in India that is dedicated to promoting charitable and social causes, section 8 company registration is the ideal choice for you. As a section 8 company, you can access funding and grants, enjoy tax exemptions, and build credibility in the eyes of potential partners, donors, and beneficiaries. Get your Section 8 Company registered in Bihar today.
To complete your Section 8 company registration in Bihar, you need to submit all the aforementioned documents along with the required registration fees on the MCA portal and then wait for the document verification and approval.
Apart from Section 8 Company registration in Bihar, we also provide comprehensive NGO Registration in Bihar services to help you choose the most suitable structure for your organization.
FAQ’s On Section 8 Company Registration in Bihar
What is the registration Fees of Section 8 Company in Bihar?
The Registration fee for a Section 8 company Registration in Bihar is Rs 7,499 which includes for minimum 2 members, 1 Lakh Authorised capital, Government Stamp duty as well as Professional Fees of Professional Utilities.
How to get Section 8 Company registration in Bihar?
To register a Section 8 company in Bihar, you need DSC, a Unique Business Name, file Form, Section 8 License, Form SPICe INC - 32, INC-33, INC-34, and the get Incorporation Certificate. Register with Professional Utilities.
What documents are required for Section 8 Company Registration in
Bihar?
To register a Section 8 Company in Bihar you need to provide with some of the basic documents such as Aadhar Card, PAN Card, Rent agreement, Address proof of Registered office.
What is the time required for Section 8 Company Registration in
Bihar?
Time Required for Section 8 Company Registration in Bihar is 7-14 days.
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