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 West Bengal - Process & Fees,
A Section 8 Company is a company incorporated for charity purposes and social welfare objectives. Section 8 companies in India are governed by the Companies Act, 2013. These companies can be incorporated for social activities like education, healthcare, poverty elimination, environmental protection, women empowerment, or rural development. In a Section 8 Company, the main characteristic is that the profits, which are not required by the company, are not distributed among the members but are reserved to fulfil the social objectives of the company. This is defined by the Section 8 company act in West Bengal, India.
West Bengal, known for its rich social capital and strong social initiatives, makes Section 8 company registration in West Bengal an appropriate process to be undergone. West Bengal also comprises a number of NGOs, charities, and social institutions that work towards the development of the community. There are several benefits that can be accrued in case of Section 8 company incorporation in West Bengal, which include recognition, tax exemption, increased credibility, and government and foreign donations among others, that make Section 8 registration in West Bengal an ideal process to be taken into consideration.
The Section 8 company registration process in West Bengal comprises obtaining approval from the Ministry of Corporate Affairs (MCA), preparation of important documentation like Memorandum of Association (MoA) and Articles of Association (AoA), and fulfillment of statutory compliance. Documentation and compliance with the Section 8 company act in West Bengal are very important for easy and rapid registration of a Section 8 company. Nowadays, most people favor Section 8 company registration online in West Bengal because of faster processing.
Section 8 Company Sample Documents
Section 8 Company Registration Process in West Bengal
If you are thinking of how to apply for Section 8 company registration, then here is a view of the Section 8 company registration process in West Bengal. It includes name approval, preparation of documents, MCA approval, and final incorporation. With Section 8 company registration online in West Bengal, applicants can smoothly fulfill the entire process and get their company incorporated within a few working days, depending upon verification:-
- 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 West Bengal
The Section 8 company registration fees in West Bengal are quite feasible in comparison to the registration process of other types of companies. The total registration costs for the Section 8 company in West Bengal are ₹9,499, including the government fees and the professional fees of Professional Utilities.
An average of 10-14 working days is required for the Section 8 company incorporation in West Bengal.
| Section 8 Company Registration in West Bengal | 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 West Bengal
Following are the lists of necessary documents required for Section 8 in West Bengal, which include identity proof, address proof, MoA, AoA, and declarations mentioned in the Section 8 company act in West Bengal. Submission of correct documents is essential for the successful Section 8 company registration.
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 Provided After Section 8 Company Registration in West Bengal
After successful Section 8 Company registration in West Bengal, the following documents will be provided:-
What is Section 8 Company Registration in West Bengal?
Section 8 company registration is the process of legally establishing a non-profit company, as per the Companies Act of 2013, in India. It is formed with the aim of achieving charitable and social purposes, such as education, healthcare, easing poverty, environmental protection, empowerment of women, and rural development. Also, profit, under the section 8 company incorporation, is not distributed among the members but is utilized for the good cause the company wishes to achieve.
This is most suitable for NGOs, social ventures, and nonprofit institutions intending to register as a Section 8 Company. Eligibility for tax exemptions, government subsidies, and foreign funding is one of the most important benefits of Section 8 company registration. Section 8 company registration in West Bengal can enable institutions to function within the boundaries of the law and gain the confidence of donors and stakeholders.
Benefits of Section 8 Company Registration in West Bengal
Registering a Section 8 company in West Bengal helps non-profit organizations to function in a legal manner and reap various benefits. The main benefits of Section 8 Company registration include tax exemptions, enhanced credibility, government grant facilities and coverage under the Section 8 company act in West Bengal. This is because this act in West Bengal provides various benefits to non-profit organizations:-
- 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
To sum up, the process of Section 8 company registration is the best solution for those people or corporations who want to form a nonprofit organization that has the potential to make a beneficial difference in society. You will achieve all the benefits, including exemptions, registration, and grant, if you choose the process of Section 8 company registration in West Bengal.
A Section 8 Company functions on a sustainable model which gives importance to social welfare instead of profits. If you want to bring about a good change in society, then the best option for you is to opt for the Section 8 company incorporation. For NGO Registration in West Bengal assistance, start your Section 8 company registration in West Bengal today.
FAQ’s On Section 8 Company Registration in West Bengal
How to register a Section 8 company in West Bengal?
Section 8 company registration in West Bengal is an online procedure that involves acquiring name approval, drafting the MOA and AoA, submitting documents, and acquiring MCA approval on the MCA portal.
Which company is registered under Section 8?
A company formed for charitable or not-for-profit purposes such as education, healthcare, or environmental purposes is registered under Section 8 of the Companies Act, 2013.
What is a Section 8 company?
A Section 8 company is a not-for-profit organization registered under the Companies Act, 2013, which utilizes its profits only for social and charitable objectives.
Can a single person start a Section 8 company?
No, the incorporation of a Section 8 company in India requires at least two directors and two shareholders.
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