Section 8 Company

Section 8 Company

A Section-8 Company is gift to the community as it encourages Science, Sports, Arts, Education, Social Welfare, Religion, Charity and Environment protection etc. Apply its profits if an or other income in promoting its object and it does not pay any dividend to its members. It is an age old concept earlier it was known as section 25 under companies act and now it is known as section-8 Company.

It work towards a diverse range, right from women empowerment, children education, community development, social welfare and environment protection.

If you want to Register your Section-8 Company than Taxease.co will help you in Registration and in all the Compliance after Registration. 

 Key Benefits

Many privilege and exemption under company law

Donor of the company can claim Tax deduction under section 80G of the income tax Act

It functions same like a limited Company including all the rights and obligation however it cannot use the words Section-8 or limited in its name.

ADVANTAGES OF SECTION 8 COMPANY

name

Section-8 Company can only be registered with names that contain any one of the below word like foundation, forum, association, Federation, society, Confederation, council, club charities, institute, Electoral Trust, academy, organization, chamber of commerce, development and more.

profit

Like other Company section-8 company will also have revenue, profit , expenses, and losses. However in Section-8 Company the profit can used for furtherance of its object i.e charitable purpose only.

easy formation

A Section-8 Company can be formed by 2 persons only, by complying with the prescribed formalities of the Companies Act.

Limited Liability

The liability of the shareholder is limited upto unpaid subscription money in his name and the personal Asset does not get affected by it.

Creditibility

Section -8 Company has more importance as compare to Trust or Society. Act provide many privileges and exemption under the law to the section-8 Company as compare to Trust or Society.

SEPARATE LEGAL ENTITY

Section 8 Company is an artificial distinct. Entity so it is separated by law from its owner. In case of Sole Proprietorship, business comes to wound up in case of death of the owner unlike of the Section 8 Company

* Stamp duty Extra for States: Punjab, Kerala, Madhya Pradesh, Sikkim * Charges extra for NRI/Foreign Directors

BASIC
3 DSC
2 DIN
1 RUN Name Approval
MOA
AOA
RD License
 PAN
 TAN
 Company Kit
✖
✖
✖
INR 20000
BASIC
ALL INCLUSIVE FEES
BUY NOW
STANDARD
3 DSC
2 DIN
1 RUN Name Approval
MOA
AOA
RD License
PAN
TAN
Company Kit
 GST Registration
 3 Months GST Return Filing
✖
INR 30000
STANDARED
ALL INCLUSIVE FEES
BUY NOW
PREMIUM
3 DSC
2 DIN
1 RUN Name Approval
MOA
AOA
RD License
PAN
TAN
Company Kit
 GST Registration
 3 Months GST Return Filing
Trade Mark Application
INR 40000
PREMIUM
ALL INCLUSIVE FEES
BUY NOW

TECHNOLOGY

We use the latest technology on the internet which helps us in delivering accurately and within minimal time to those who avail our services because we don’t compromise on the quality of our service.

OUR MISSION

To deliver professional services at an economical rate and on timely basis because we value your precious time. We aim at helping small businesses to compete effectively in the market. We wish to be known by the quality of services we provide.

EXPERIENCE

We have people who are very particular about there work ethic. In our entity, work comes first. We have staff who are highly qualified. We also run a CA firm from the past 30 years. 

COMPETITIVE EDGE

In general we have expertise in all our fields of work but our compliance work is what gives us an edge over the other companies. We are very thorough with our follow ups resulting in everything being done well in advance, thus avoiding unnecessary delay.