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 Nagaland - Process & Fees,
Section 8 Companies are the non-profit oriented organization established under the Companies Act, 2013 in India. It is to carry out charitable and social purposes including education, health, environment, rural development, female embraces, and research. As it is different from the regular business entities the Section 8 Company does not distribute profits to the members. On the other hand, all the generated income is used to provide services to accomplish the mission that the organization was formed for.
Being a culturally diverse state aspiring for a sustainable future, Nagaland is a proper place where concerned NGOs and charitable organizations can contribute their part in the growth of the Nagaland community. Registering a Section 8 company in Nagaland has many advantages such as legal identity, exemption in taxes, better credibility, and the opportunity to seek government and foreign grants. This structure is convenient for organizations whose mission is to help people improve their quality of life in the concerned area.
Regulation means obtaining necessary permission from the Ministry of Corporate Affairs (MCA), creating essential legal documents such as a Memorandum of Association and Articles of Association, and, most importantly, adhering to legal requirements. It is, therefore, important to adhere to the principles of documentation and regulations when it comes to registering.
Section 8 Company in Nagaland can simply be defined as an organized legal entity through which the organizations operating in Nagaland can operate legally, gain the trust and investment of the people, improve society, and gain maximum tax benefits from the government.
Section 8 Company Sample Documents
Section 8 Company Registration Process in Nagaland
Learn How to apply for Section 8 company registration? Given below is the complete registration process of Section 8 company in Nagaland , you can follow the process to register your Section 8 Company in Nagaland within a few days:
- 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. - 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
- 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 Nagaland
The total Registration fees of Section 8 company registration in Nagaland 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 Nagaland | Registration Fees |
|---|---|
| ✅ Digital Signature Certificate Fee | ₹1,000 |
| ✅ Government Fee(Stamp Duty) | ₹2,500 |
| ✅ Professional Fee | ₹3,999 |
| ✅ Total Cost | ₹7,499* |
Note: The aforementioned Fees is exclusive of GST.
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 Nagaland
Given below is the list of all the necessary documents required for Section 8 Company registration in Nagaland .
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?
Section 8 Company is one that is registered under the Companies Act of 2013 in India and is a non-profit making company. It is created to support social issues such as education, health, conservation of the environment, eradication of poverty, women, and sports.
The principle of operation most to do with every Section 8 Company out there is that it is unlawful to distribute profits among the members. Instead of spending your own money or receiving money from others for personal use, it can only be spent on helping people.
That kind of company has privileges and gets support like tax exemption, governmental support, and funding from others. It is regarded as more credible than other charitable organizations such as trusts and societies because it operates under state legislation.
It is important to note that, like Section 8 of the Companies Act 2013 itself is an act of parliament hence for one to register a Section 8 Company one has to obtain approval from the Ministry of Corporate Affairs (MCA) and produce several documents.
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
In conclusion, section 8 company registration in Nagaland can help you establish a non-profit organization that is dedicated to promoting social welfare and community service, and contribute to the greater good of society. Section 8 companies enjoy several tax benefits, which can help you save money and invest more in your social mission. Get your Section 8 Company registered in Nagaland today.
For NGO Registration in Nagaland assistance, you can also explore suitable non-profit structuring options.
FAQ’s On Section 8 Company Registration in Nagaland
What is the registration Fees of Section 8 Company in Nagaland ?
The Registration fee for a Section 8 company Registration in Nagaland 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 Register a Section 8 Company in Nagaland?
To register a Section 8 company in Nagaland, 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 Nagaland ?
To register a Section 8 Company in Nagaland 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 Nagaland ?
Time Required for Section 8 Company Registration in Nagaland is 7-14 days.
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