Startupji will help to Acquire DSC for directors and witness
Startupji will apply for Name Approval and get it approved
Startupji will apply for Section 8 license and get it approved
Startupji will Prepare & File necessary documents along with ROC& Stamp Duty Payment
Startupji will arrange Certificate of incorporation
Advantage and Benefits
of starting a Section 8 Company
Section 8 Company can enjoy numerous privileges and exemptions.
Exemption from Minimum Paid Up Capital.
Exemption from Stamp Duty payment for Registration.
The donors can avail tax deductions u/s. 80G of the Income Tax.
CARO (Companies Auditor’s Report Order) is not applicable.
Partnership Firm registered can become a member of Section 8 Company in its own capacity.
What you get
With starting a Section 8 Company
1. DIN for 2 directors
2. DSC Token for 1 shareholder or director
3. Certificate of incorporation, MOA+AOA
4. Company PAN Card
5. Company TAN/TDS number
6. Bank Account Opening Document Support
For starting a Section 8 Company
1. Minimum 2 shareholders (Private NGO) and 7 shareholders for (Public NGO) are required
2. Minimum 2 directors (Private NGO) and 3 directors for (Public NGO) are required
3. Director Identification for all directors must
4. Digital Signature Certificate (DSC) for all directors
5. Address Proof for proposed office
About starting a Section 8 company
Simple documents are required for various purposes like DSC, DIN and for registered office address. You need to arrange simple documents like photographs, PAN card and address proofs.
No, Commercial office space is not required. You can show either own residential or rented home address as registered office address. Once after incorporation you can change your registered office address by informing to Registrar of Companies (ROC).
ROC stands for Registrar of companies. ROC is a government office with whom companies get registered. Each state has ROC office.
DIN stands for Director Identification Number issued by ROC (Registrar of companies). DIN is a unique number required for a person to become director of the company. It is similar to PAN card that is issued by NSDL.
No. Startupji provides complete online Company Incorporation process. All legal documentation and visits are done by Startupji.
No. Once the company is formed, it will be valid till it is officially closed down by the owners. No renewal or fees is required. However, every year companies have to file very basic returns with ROC office.
A digital signature is electronic signature, which is in the form of codes. It is used for signing electronic forms, filed with ROC for incorporation of Company. Digital Signature cannot be used on physical documents.
Company name is very important part in registration of company. It is divided into three parts:
1. Keyword (brand name like Reliance or Amazon)
2. Activity word (i.e., showing nature of business like Textiles or Manufacturing)
3. Business Type word (i.e., Pvt. Ltd. Or LLP). For incorporation of company, the suggested name should not match with existing companies or trademark.
MOA means Memorandum of Association and AOA means Articles of Association. These are byelaws or rules made, based on which important matters like main business of the company or meetings is decided. These are standard legal documents prepared by Company Secretaries during registration of the Company.
Distribution of Profit or Income of Non Profit Organization is not allowed. They can be only used for charity works.
No. Promoters of the NGO are not entitled to salaries for their service. They can only claim the amount they spent from the NGO.
Yes. After taking the approval of ROC, a section 8 company can be converted into private limited company.