When it comes to starting a Section 8 company, understanding the process is crucial. Here’s a step-by-step guide to help you navigate through the registration process smoothly.
Understanding Section 8 Company Registration
A Section 8 company is a type of non-profit organization that is registered under the Companies Act, 2013. Its main objective is to promote art, science, commerce, education, charity, social welfare, etc., without intending to earn any profit. This makes it an ideal choice for entities looking to contribute to society in meaningful ways.
Choosing the Right Consultant: Deeksha Khurana from Taxlegit
For reliable Section 8 company registration services, look no further than Deeksha Khurana at Taxlegit. With years of experience and a solid track record, Deeksha ensures a seamless registration process tailored to your specific needs.
Step-by-Step Guide to Section 8 Company Registration
- Initial Consultation: Contact Deeksha Khurana to discuss your objectives and understand the nuances of Section 8 company registration.
- Name Approval: Propose a unique name for your company that adheres to the guidelines set by the Ministry of Corporate Affairs (MCA).
- Documentation: Prepare necessary documents such as identity proof, address proof, and Memorandum of Association (MOA) and Articles of Association (AOA).
- Digital Signature Certificate (DSC) Registration: Obtain DSCs for all directors. The DSC registration fees are nominal and vary based on the certification agency.
- Application Filing: Submit the application for Section 8 company registration along with the required documents to the MCA.
- Review and Approval: The Registrar of Companies (ROC) reviews your application. If all criteria are met, they approve the registration and issue the Certificate of Incorporation.
- Import Export Code (IEC) Registration: If your Section 8 company plans to engage in import-export activities, apply for an IEC from the Directorate General of Foreign Trade (DGFT).
Benefits of Section 8 Company Registration
- Tax Exemption: Enjoy tax benefits under Section 12AA and Section 80G of the Income Tax Act.
- Limited Liability: Members’ liability is limited to the amount unpaid on their shares.
- Perpetual Succession: The company continues to exist despite changes in membership.
Why Choose Taxlegit for Section 8 Company Registration?
Taxlegit, under the guidance of Deeksha Khurana, offers comprehensive services beyond just Section 8 company registration. Whether you need assistance with Import Export Code Registration or want guidance on maintaining compliance, their expertise ensures you stay on track.
Conclusion
Registering a Section 8 company requires careful planning and adherence to legal guidelines. With Deeksha Khurana and Taxlegit by your side, you can navigate the complexities of registration seamlessly. Take the first step towards making a positive impact on society by starting your Section 8 company today.