REGISTRATION OF SECTION 8 COMPANIES
Similar to Trusts and Associations, Section 8 Company is registered for charitable purposes. It is formed to promote research, social welfare, religion, science, art, commerce, etc.
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REGISTRATION OF SECTION 8 COMPANIES
Section 8 company is a Not for Profit company incorporated under Section 8 of the Companies Act, 2013 formed for charitable purpose with the restriction that its income and profits should be used only for achieving its welfare objects.
Minimum two directors and shareholders are required to form a Section 8 company under the Companies Act, 2013.
BENEFITS OF SECTION 8 COMPANY REGISTRATION
- Tax exemption under Section 12A and 80G
- Eligible for accepting donations for welfare activities
- Eligible for Government and Private CSR projects
- Transparent, stable and legal manner to help the needy in various fields
- No requirement of a minimum paid-up capital.
Why Us
- A full consultation to understand your requirement and to explain you the process from end to end
- All the paperwork needed to file your Income Tax return; we will keep you informed about the entire process and progress.
- We help you with all the processes and procedures needed for your Income Tax return.
