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Section 8 company is the most popular and easiest form of registering an NGO in India. It has more benefits than traditional charitable institutions like Trust and Society. Apply for NGO registration online and get your section 8 company registered with Professional Utilities experts.
This plan is equipped with a dedicated expert for your Section-8 registration.
Yes, a Section 8 Company can do business for place of profit, provided the book of accounts are maintained on segmenting basis.
Yes. It can be both a private and public limited company. In most of the cases, a Section 8 company is registered as a private limited company.
Section 8 company is better than trust because least officer interventions are there in section 8 company.
Yes, GST is applicable to Section 8 companies in case of sale and purchase of goods & services.
Yes, the director of a Section 8 company can draw salary as he is a member and employee of the company.
Name of a Section 8 Company (NGO) should not include the words Private Limited (Pvt. Ltd.) or Limited (Ltd.) at the end of its name. The proposed name of a Section 8 Company shall include either of the words - Foundation / Forum / Association / Federation / Chambers / Confederation / Council / Electoral Trust as per Rule 8A(1)(u) of Companies (Incorporation) Fifth Amendment Rules, 2019.
There are numerous advantages of Section 8 companies like tax benefits, credibility, grants and donations, etc.
Section 8 is an upgraded form of Society or Trust as the process and maintenance of Section is completely digital.
Yes, Section 8 companies have equity share capital.
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