Section 8 Company - 1Day Company INC
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Section 8 Company Registration

Are you planning of getting an online company registration in India or company incorporation in India, well you are at the right place. We offer the fastest registration compared to our competitors who get your registration done in 15-30 days. Yes, we get your company registered in 1-7 working days. Our services are timely and never let you down. A professional team of chartered accountant, chartered engineers, bankers, lawyers, company secretaries and cost accountants are their do look after all the work for you.

ELIGIBILITY FOR SECTION 8 COMPANY REGISTRATION

Object must be Charitable or to promote arts, science, commerce etc

Assures the prohibiting of the payment of dividends to any of its members.

Intends to apply all its profit in promoting the objectives.

ADVANTAGES OF SECTION 8 COMPANY REGISTRATION

 

 

 

⇒  No Minimum Share Capital Requirement

 

⇒  Easy Transfer of Ownership
⇒  Tax Benefits

⇒  No need to use “Section 8” or “Limited” title

 

⇒  No Stamp Duty
⇒ Clear Objectives for easy donations and loans
⇒  Easy to Manage
⇒  Exemptions and Privileges under Companies Act, 2013
⇒ Relaxation in Compliances

STEPS TO INCORPORATE SECTION 8 COMPANY REGISTRATION

⇒ Application of DSC & DPIN: First of all, the partners have to apply for Digital signature and DPIN. Digital signature is an online signature used of filing and DPIN refer to Directors PIN number issued by MCA. If the directors already have DSC and DPIN, then this step can be skipped.

⇒ Name approval: You to provides 3 different name options to MCA of which one will be selected. Names provided should ideally be unique and suggestive of company business.

Approval of other authorities: The Registrar of Companies may require the applicant to furnish the approval or concurrence of any department,regulatory body, appropriate authority, or Ministry of the Central or State Government(s) in relation to the work to be done.

⇒Obtaining Section 8 Company Licence: After the company’s name is approved, one needs to apply for a Section 8 Company licence from the MCA.The Registrar will wait for 30 days for objections, if any, of any person pursuant to notice published in newspapers.The Registrar might also consult any other regulatory bodiesandnecessary authorities.

 

MOA & AOA submission: Once the licence is obtained, one needs to draft Memorandum of association and Articles of Associate. But the object of the company must always be a charitable object. Both MOA and AOA are filed with the MCA with the subscription statement.

Get Section 8 Company incorporation certificate: It typically takes 15- 25 days to form a Section 8 company and get the incorporation certificate. The Certificate of Incorporation is proof that a company exists. It also includes your CIN (Company Incorporation Number).

 

Apply for PAN, TAN and Bank account: Then you need to apply for PAN and TAN. PAN and TAN are received in 7 working days. Post this, you can submit the Incorporation certificate, MOA, AOA and PAN with bank to open your bank account.

DOCUMENTS REQURIED SECTION 8 COMPANY REGISTRATION

 

⇒ Digital Signature Certificate

 

⇒  Director Identification Number

⇒  Memorandum of Association

⇒  Article of Association

 

⇒  ID proof of Members

⇒Passport Size Photographs 

⇒  Directors Details

⇒  Address Proof

Why Choose Us?

Do you want to get your company registration in India done, are you uncertain of which documents required for private limited company and want to set your entrepreneur dreams full on then 1daycompanyinc is the destination for you. We give full support in matters relating to registration, legal documentation, advisory services and end to end solutions.

Company incorporation in Delhi is another vital matter of concern. The steps and procedure can be quiet hectic but, 1daycompanyinc takes all the stress away from you as we know all the legal procedures and documents required so we ensure all your documents are up to date with regulatory compliances.

Compare Your Options

  Private Limited Company Limited Liability Partnership One Person Company Partnership Firm Sole Proprietorship
Recommended For
Start-ups and growing companies Professional services firms Sole promoters Home businesses Small traders and manufacturers
Ease of Accommodating Investment
Very easy to accommodate Possible, but unlikely Possible, but severely unlikely Almost impossible Impossible
Limited Liability Protection
Yes Yes Yes No No
Tax Advantages
Few benefits Most efficient Few benefits Minimal Minimal
Perpetual Existence
Yes Yes Yes No No
Statutory Compliances
High Low High Minimal Minimal

QUESTIONS OR COMMENTS? GET IN TOUCH:

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