Overview:-
Companies falling under Sec 8 are non-profitable trusts or companies that do not earn any profit. These companies are fully engrossed in the betterment of society in different fields making them one of a kind and hence these companies don't have any taxes levied on them.
Benefits:-
- Access to Tax benefits. ...
- Zero Stamp Duty. ...
- Minimal share capital. ...
- Exempted from any name. ...
- Separate legal entity. ...
- Improved Credibility. ...
- Eligible for foreign contribution.
What types of companies should opt for Section 8 companies?
- Any charitable organization or Non-profit company that promotes humanity, sciences, literature, education, charity giving, and environmental preservation.
Documents Required:-
- Digital Signature Certificate
- Memorandum of Association
- Articles of Association
- Passport Size Photographs
- Members’ Id Proof such as Aadhar Card, Passport, Voter Id
- Details of Director (When the Members Are Other Companies/LLPs)
- Address Evidence
- Director Identification Number
Steps to start:-
- Application for name availability in form RUN. Application for name availability must be made in the “RUN” facility. ...
- Getting Digital Signatures of First Directors. ...
- Preparation of Memorandum of Association, Articles of Association, and other documents. ...
- Filing of SPICe 32 Form.
What we offer:-
- DIN for 2 Partners
- DSC for 2 Partners
- Name search and approval
- MOA/AOA
- Registration fee
- Company Pan Card
But Why Choose Us?
Quick & Affordable
Ideal Consultation
Excellent Service
Guaranteed Money Back
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