{"id":379,"date":"2017-09-09T17:52:41","date_gmt":"2017-09-09T17:52:41","guid":{"rendered":"http:\/\/fastlegal.in\/blog\/?p=379"},"modified":"2017-09-27T03:50:25","modified_gmt":"2017-09-27T03:50:25","slug":"how-to-register-section-8-non-profit-company-in-india","status":"publish","type":"post","link":"https:\/\/fastlegal.co.in\/blog\/section-8\/how-to-register-section-8-non-profit-company-in-india\/","title":{"rendered":"How to Register Section 8 (Non Profit ) Company in India"},"content":{"rendered":"<p>Section 8 Company is a Company Incorporated for the promotion of Commerce, Art, Science, Sports, Education, research, social welfare, religion, charity, protection of environment and intends to apply its profits if any in promoting its objects , not for-profit (NGO) under the Provisions of Section 8 \u00a0Companies Act, 2013.<\/p>\n<p>The Company under section 8 is registered without the word Limited\/Private Limited at end of its name, and the words Foundation, Association, Institution, Chamber, Federation are added in the name of Section 8 company.<\/p>\n<p>Presently section 8 company is a most accepted form of NGO due to transparency and governance structure available\u00a0to the company with the compliance of provisions of Companies Act, 2013.<\/p>\n<p><strong>Activities of \u00a0Generally carried out through Section 8 Company :<\/strong><\/p>\n<ul>\n<li>Educational Institute<\/li>\n<li>Hospital and Research Center<\/li>\n<li>Sports Academy<\/li>\n<li>Charity Purpose<\/li>\n<li>Environment Awareness<\/li>\n<li>Legal Awareness<\/li>\n<li>Federation<\/li>\n<li>Association<\/li>\n<li>Chamber, etc<\/li>\n<\/ul>\n<p><strong>Requirements for Incorporation of Section 8 company :<\/strong><\/p>\n<ul>\n<li>Required Minimum two Directors<\/li>\n<li>Required Minimum two Shareholders\/Members<\/li>\n<li>PAN, Aadhar Card and Latest Bank Statement Copy of All the Directors and Members<\/li>\n<li>Work Proposed to be done, Grounds on which work will be done<\/li>\n<li>Proposed Income and Expenditure Account for three years ( Expected receipts and payments )<\/li>\n<li>Electricity Bill, Rent Agreement \/ NOC for Registered Office Address of the Company<\/li>\n<\/ul>\n<p><strong>Procedure for Incorporation of Section 8 Company:<\/strong><\/p>\n<ul>\n<li>Application for Obtaining Digital Signature of \u00a0proposed Directors<\/li>\n<li>Application of Obtaining Director Identification\u00a0Number (DIN)<\/li>\n<li>Name Approval Application to Registrar of Companies<\/li>\n<li>Application for obtaining Licence for Section 8 Company<\/li>\n<li>Application to Registrar of Companies for Incorporation of Section 8 Company<\/li>\n<\/ul>\n<p><strong>Documents Required for Opening Bank Account of Section 8 Company:<\/strong><\/p>\n<ul>\n<li>Certificate of Incorporation issued by ROC<\/li>\n<li>Memorandum and Articles of Association \u00a0of company<\/li>\n<li>PAN of Company<\/li>\n<li>Board Resolution for Opening of Bank Account and Authorising One of the Directors\u00a0or any other person to act as Authorised Signatory<\/li>\n<\/ul>\n<p><strong>We at Fastlegal helps thousands of Business and Non-Profit\u00a0Organisation to Register and Run Effectively\u00a0with experienced team of Company Secretaries, CA and Lawyers, if you wish to avail Fastlegal Services Submit your Request\u00a0<\/strong><\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSdrsiKIhpUQ_Oo80v69UfDSxfBgWLua1oKDJMx2l_3kUM4n7w\/viewform?embedded=true\" width=\"760\" height=\"500\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\">Loading&#8230;<\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Section 8 Company is a Company Incorporated for the promotion of Commerce, Art, Science, Sports, Education, research, social welfare, religion, charity, protection of environment and intends to apply its profits if any in promoting its objects , not for-profit (NGO)&hellip; <a href=\"https:\/\/fastlegal.co.in\/blog\/section-8\/how-to-register-section-8-non-profit-company-in-india\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1243],"tags":[1250,1245,1246,1247,1249,1248,1244],"class_list":["post-379","post","type-post","status-publish","format-standard","hentry","category-section-8","tag-documents-required-for-incorporation-of-section-8-company","tag-how-to-register-educational-institute","tag-how-to-register-hospital-for-non-profit","tag-how-to-start-sports-academy-in-india","tag-incorporation-of-section-8-company","tag-section-8-company","tag-section-8-company-registration-in-jaipur"],"_links":{"self":[{"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/posts\/379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/comments?post=379"}],"version-history":[{"count":5,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/posts\/379\/revisions"}],"predecessor-version":[{"id":455,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/posts\/379\/revisions\/455"}],"wp:attachment":[{"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/media?parent=379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/categories?post=379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fastlegal.co.in\/blog\/wp-json\/wp\/v2\/tags?post=379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}