#NGO registration online in India

[ngoworlds]

[professionalutilities1]

Online Trademark Registration Fees, Process, Documents

Trademark registration distinguishes your brand from competitors and help in identifying your product & services as source. Trademark could be a Name, Slogan, Logo or Number which a company uses on its business name, Product or services.

Registering a trademark could be a time taking process as brand registration could take minimum 6 months to 24 months of time depending upon the result of the Examination Report, that's why Professional Utilities provides Brand Name Search Report to get a fair idea about the turnaround time for registration.

Once a Trademark application is processed with the government department, applicants can start using the TM symbol on their mark & ® when the registration certificate has been issued. The registration of the trademark is valid for ten years & can be renewed after ten years. (Read More)

NOTE: If you are a manufacturer then you should also read about EPR Registration

[bandraz01]

Benefits of Copyright Registration in India

At Bandraz, we very well know that one of the most critical steps for business owners is to safeguard their intellectual property in India is registering their work under the Copyright Act of 1957. Although copyright protection is in place from when a job is created, formal registration offers several noteworthy benefits that raise the work’s value and security. So, get along to witness the perks of this copyright registration in India.

Documentary Evidence of Possession

Creating an online copyright registration creates a formal record of proprietorship, which can be used as proof in court cases involving the work’s origins. This legal paperwork makes it much easier for authors to demonstrate ownership and protect their rights in court. With registration, ownership might be challenging and more accessible to prove, and the procedure can get drawn out.

Assumption of Authenticity

A registered copyright provides prima facie evidence of validity in legal proceedings. In other words, the defendant now has the burden of proof to refute the court’s assumption that the copyright is legitimate. In infringement proceedings, this presumption can significantly support a creator’s stance and facilitate enforcing their rights.

Ownership Record in Public

A copyright that has been registered is added to the public record that the Copyright Office keeps track of. The ease with which potential infringers can ascertain the ownership status of a work serves as a deterrent due to this public record. This openness lessens the possibility of illicit usage and promotes respect for intellectual property.

Expanded Prospects for Licensing

Registered copyrights simplify the licensing and commercialization processes. Granting licenses to others can be a valuable source of income for creators, enabling them to use their work under certain restrictions. When a registered copyright is used, the licensing process is more straightforward and more compliant with the law, whether for software, music, books, or other creative works.

Defense Against Violation

Registered copyrights offer an extra line of defense against importing unauthorized copies. Copyright proprietors can prevent the introduction of illegal copies into India by informing customs authorities about their registered works under the Customs Act of 1962. By controlling the unauthorized duplication and sale of creators’ works, this measure helps safeguard the financial interests of those who create.

Global Defense

Protection is extended across national boundaries thanks to India’s membership in international copyright accords, including the Berne Convention and the Universal Copyright Convention. Registered copyrights provide creators with more excellent international protection and the opportunity to pursue infringements worldwide because they are easier to enforce in other member countries.

Preserving Moral Rights

In India, copyright registration safeguards creators’ moral and economic rights. These include the right to be identified as the work’s author and the ability to protest against any treatment detrimental to the creator’s honor or reputation.

Isn’t that amazing!

At Bandraz, we are here to assist you through this copyright registration in India. We’ll make sure it provides legal recognition, easy enforcement, and guaranteed protection to your business on a national and worldwide scale.

For a hassle free approach to open a Business in India, contact Bandraz today!

[lawgicalindia28]

The advantages of using a Section 8 business over alternative methods of NGO registration are as follows.

It operates precisely and is incredibly flexible. avoids difficult registration processes and does not need actual presence.

There is no requirement for a minimal paid-up capital. complete acquisition of tax benefits under I.R.C. sections 80G and 12AA.

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Are you confused about which company type suits your business plan the most? Here’s a complete guide to Company registration.

Reach us for Company Registration Online in India, We'll be more than happy to help you !

Auriga Accounting pvt.ltd

Auriga accounting always help for all type of business

Kindly Contact On +91-7982044611/+91-8700412557, ADMIN@AURIGAACCOUNTING.IN Or Visit Our Website :WWW.AURIGAACCOUNTING.IN

Company Registration

Nidhi Company Registration

Proprietorship Firm Registration

Partnership Registration

One Person Company ( OPC) Registration

Private Limited Registration

LLP Registration

Public Limited Registration

Section 8 Company Registration(NGO)

Producer Company Registration

Common Services

Shop Act Registration

Udyog Adhar ( MSME) Registration

Food License Registration

Income Tax Return ( Business )

Income Tax Return ( Salary)

GST Registration

ISO Certificate

Trademark Registration

Digital Signiture

ESI & PF Registration

12A & 80G Registration

Import Export Code Registration

Professional Tax Registration

Income Tax , GST Consultant , TDS And TCS Work, Import Export Consultant, Tax Audit, Company Registration, ROC Filing & Others Services.

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[bulkdatabaseindia]

Chennai Mobile Numbers Database

Learn about Chennai Mobile Numbers Database. Describe the key features of a Chennai Mobile Numbers database and application.

In the digital era we live in today, corporations and NGOs alike would greatly benefit from having a database of mobile phone numbers. This collection of contact information would also be crucial for marketers targeting specific customer segments so that they could enhance their marketing drive through personal information.

An organized mobile number database makes operations easier and enables growth in SMS campaigns, customer outreach, or data analysis. Competitive considerations necessitate being able to stay in touch with clients and customers competently throughout a fast, technology-dependent world through consistent supplies of accurate and updated contact information because people are increasingly using their phones.”

Chennai Mobile Numbers Database

The specific Android area phone data set is a directory of phone numbers belonging to Chennai city, and it frequently features additional data within its portals, including names, addresses, and e-mail addresses.

Employ founders unstructured for business organizations and companies that would like access to new clients inside Chennai, for instance, sales news or so on, and support services besides event advertising.

Key Features of a Chennai Mobile Numbers Database

Geographical Targeting: Address the Chennai region and, hence, local markets so that businesses can successfully target their customers.

Demographic Segmentation: Creating marketing campaigns that are personalized can be challenging if you don’t have detailed information about age, gender, income level, and occupation.

Updated Information: Make sure that the database remains true and keeps abreast of doing so regularly rather than allowing for any misinformation or out-of-date files that would lead to it being unreliable

Compliance with Regulations: By obeying set regulations and laws for data protection, ethical standards in database use are ensured, and this also shields firms as well as individuals.

How to Obtain a Chennai Mobile Number Database?

1. Purchase from Data Provider

Several of firms deal in mobile number databases that are confirmed for accuracy and updated for sales. They guarantee comprehensive details by observing prescribed laws.

2. Build Your Database

Gather phone numbers from client interactions, registration forms, loyalty schemes, competitions, and promotions. Using this method guarantees that the information collected is exactly what your business requires.

3. Collaborate with Local Businesses

Share resources and data by partnering with other businesses in the locality. This collaboration will lead to an increased reach for your business and enhancements to its database.

4. Utilize Online Directories

It is important to note that public records and online directories are essential access points for contact details. However, caution should be taken in the way collected information is used by ensuring it adheres to moral conduct as stipulated in regional laws.

Applications of a Chennai Mobile Numbers Database

SMS Marketing: In the domain of enterprise marketing, contextual marketing is a dedicated module that involves sending marketing messages, offers, and updates tailored to the mobile phones of potential clients directly.

Telemarketing: Contacting possible customers and presenting products or services.

Customer Support: “Delivering swift help and backing to clients through immediate interaction.”

Event Promotion: Let residents find out about local events, sales, launching new products, and other important messages.

Surveys and Feedback: Gathering consumer feedback and product or service observations related to developments involved in surveying.

Conclusion

The Chennai Mobile Numbers Database business opportunities are increased, and customers are reached in one of the most productive economies in India. This resource gives you new contact details, thus helping you to improve your marketing plans as well as enhance client ties, leading to extensive customer base penetration.

Using custom messages in Chennai’s lively setting can help one advance positively and achieve long-term objectives while building a real connection with the audience.

More Information About Plan and price Visit our website :- https://bulkdatabase.info/

[corpbizlegal]

Everything You Need to Know About 80G and 12A Registration for Your NGO

Navigating the registration process for NGOs in India can be complex, especially when it comes to obtaining 80G and 12A registrations. These registrations are crucial for nonprofit organizations looking to benefit from tax exemptions and attract donations. In this blog, we will explore the importance of 12A and 80G registrations, explain what a 12AB certificate is, and provide insights into the relevant sections of the Income Tax Act. Understanding these elements can help NGOs better manage their tax strategies and compliance requirements.

1. Understanding 12A and 80G Registration

12A and 80G registrations are essential for NGOs to operate efficiently in India. 12A registration allows nonprofit organizations to be exempted from paying income tax, while 80G registration enables donors to claim tax deductions for their contributions. Together, these registrations help NGOs reduce their tax burden and incentivize donations, which is vital for sustaining their activities and expanding their reach.

To apply for these registrations, organizations need to submit specific documents and meet certain criteria set by the Income Tax Department. Understanding these requirements and the benefits they offer is crucial for any NGO aiming to maximize its impact.

2. What is a 12AB Certificate?

The 12AB certificate is a document introduced under recent amendments to the Income Tax Act, replacing the earlier system of registration under Section 12A. This certificate is required for all NGOs seeking tax exemptions on their income. Under the new rules, organizations previously registered under 12A need to transition to the 12AB registration by applying to the income tax authorities.

The 12AB certificate ensures that NGOs comply with updated regulations, maintain transparency, and adhere to governance standards. This shift is designed to streamline the process and ensure that only genuine organizations benefit from tax exemptions.

3. Section 12AB of the Income Tax Act           

Section 12AB of the Income Tax Act governs the registration process for NGOs to obtain tax exemptions. This section outlines the requirements for registration, the conditions under which exemptions are granted, and the procedures for renewing registrations. Under Section 12AB, NGOs must submit an application within a specified timeframe, along with relevant documents, to obtain or renew their registration.

Understanding the provisions of Section 12AB is vital for NGOs as it directly impacts their eligibility for tax exemptions. Compliance with these rules ensures continued tax benefits and helps maintain the organization’s credibility and trustworthiness among donors and regulatory bodies.

4. How to Apply for 12A and 80G Registration Online

Applying for 12A and 80G registration online has made the process more accessible and efficient for NGOs. The steps to apply include:

Register on the Income Tax Portal: NGOs must first create an account on the Income Tax Department’s official website.

Fill Out the Application Form: Complete the relevant forms for 12A and 80G registrations online, providing accurate information and details about the organization.

Upload Required Documents: Attach necessary documents such as the NGO’s PAN card, financial statements, and details of activities conducted.

Submit and Track Your Application: After submitting the application, NGOs can track its status online and respond to any additional information requests from the authorities.

By following these steps, NGOs can streamline their registration process, ensuring timely and successful applications for 12A and 80G registrations.

Conclusion

Obtaining 80G and 12A registrations is crucial for NGOs looking to maximize their impact and ensure compliance with tax regulations. By understanding the importance of these registrations, the requirements for obtaining a 12AB certificate, and the specifics of Section 12AB of the Income Tax Act, NGOs can better navigate the registration process. Utilizing online tools for registration further simplifies the process, allowing NGOs to focus on their core mission of driving social change and benefiting their communities.

[bizconsultancy]

A Simple Guide to Section 12A and 80G Registration

Non-profit organizations play an important role in helping communities and supporting growth in India. They usually don’t have a regular way to earn money. Instead, they depend on grants, donations, and other types of support to keep running and achieve their goals. The 12A and 80G registrations are ways the government encourages people to support these non-profits. Let’s see how these registrations work!

What is Section 12A Registration?

Section 12A registration exempts NGOs from paying income tax on surplus income. This means your NGO can focus more on its mission rather than worrying about hefty tax bills. For guidance, online tax consultants can be very helpful in navigating this process.

Section 12A of the Income Tax Act explains how the rules in Sections 11 and 12 apply to NGOs. Section 11 says that some types of income don’t count towards the total taxable income for the previous year. Section 12 adds that this includes any money received from grants and donations meant for charity or religious activities.

What is Section 80G Registration?

NGOs get 80G registration so their donors can get tax deductions on their donations. This encourages more people to donate. Getting 80G registration is optional and can only be done after the NGO has 12A registration. Business consultants often recommend this step to enhance fundraising.

Section 80G (1) lets you exclude certain donations from your total taxable income. Clause (2) lists these donations in detail. It covers money given to a non-profit organization that has a 12A Registration. This organization must be based in India, and the money must be used only for charitable or religious activities.

Eligibility for 12A and 80G Registration

Section 12A allows charitable or religious organizations to register and get tax exemptions on donations they receive. To get this registration, these conditions must be met:

Type of Organization: Only trusts or institutions set up for charitable or religious reasons can apply. Charitable reasons include helping the poor, education, yoga, medical aid, protecting the environment, preserving historic sites, or any activity that benefits the public.

Charitable Work: The group must do charity work and not make money for individuals or specific groups.

Registration: The group must be officially registered as a trust, society, or Section 8 company under the Companies Act, 2013. Proof of this must be included in the 12A application.

Use of Income: The group’s money should only be used for charity or religious work, not for the benefit of its members or specific individuals.

Record-Keeping: The group must keep proper records of income, expenses, and activities.

Filing Returns: The group must file its annual income tax returns on time, even if it doesn’t have to pay taxes.

Documents Required for 12A and 80G Registration

To complete the online process for 12A and 80G registration, NGOs need to give documents that show they are officially registered. If they don’t provide these documents, their applications for 12A and 80G registrations might be incomplete and rejected. Here is a simple list of what’s needed for 12A and 80G registration in India:

1. Trust Deed, Society Registration Certificate, or Section 8 Company Certificate

2. Memorandum of Association and Articles of Association (only for Section 8 companies)

3. PAN card of the organization

4. Bank account statement of the organization

5. Audited accounts of the organization for the past three years

6. List of trustees, members, or directors

7. List of activities the organization has done

Who can apply for 12A and 80G registration?

This professional expert talk outlines the benefits and processes for NGOs to obtain Section 12A and 80G registrations.

Benefits of 12A and 80G Registrations

Getting 12A and 80G registrations provides big benefits for charities and NGOs:

Here’s the information rephrased in very simple and common language:

1. Tax Benefits for Donors: With 80G certification, donors can get a break on their taxes for giving money. This makes donating more attractive and can lead to more people giving.

2. Increased Trust: Being registered with 12A and 80G means the Income Tax Department approves the organization. This makes donors and partners trust the organization more because they know it’s transparent.

3. Improved Fundraising: Tax benefits make people and businesses more likely to give money. This helps NGOs collect more funds and expand their projects. Online tax consultants can provide useful advice to maximize these benefits.

4. More Government Grants: Many government grants need 12A and 80G registrations. This means more chances for important funding.

5. Stable Funding: Offering tax benefits to donors helps increase donations and build long-term relationships. This helps NGOs plan and carry out important projects over time.

6. Effective Use of Funds: With 12A registration, NGOs must keep detailed records and use money only for charitable work. This ensures resources are used properly.

Overall, 12A and 80G registrations help manage and increase funds while also improving the NGO’s reputation and ability to operate effectively. Business consultants often recommend these registrations to enhance an NGO’s financial health.

Validity of 12A and 80G Registration

When you first get 12A and 80G registration, it is given as a provisional registration that lasts for three years. To keep this status, you need to apply for renewal either six months before it expires or within six months of starting your operations, whichever comes first. After renewal, the registration is valid for five more years. You will need to repeat this process every five years to keep the benefits.

12A and 80G Registration Process Online

According to the Finance Acts of 2020 and 2021, NGOs need to use Form 10A for getting their 12A and 80G registrations. Here’s a simple guide to help you:

Note: Section 12AA has been replaced by Section 12AB. If your NGO was registered under 12A, 12AA, or 80G before April 1, 2021, you will need to re-register under Section 12AB.

Step 1: Set Up and Register Your NGO

Choose the right type of legal setup for your NGO, such as a trust, society, or Section 8 company, and register it with the right authorities.

Step 2: Gather Documents

Collect necessary documents like your registration certificate, MOA/Bye Laws/Trust Deed, audited financial statements, FCRA Registration, and NGO Darpan ID.

Step 3: Fill Out Form 10A

Complete Form 10A, available from the Income Tax Department’s website or local offices. Provide accurate details about your organization.

Step 4: Submit Your Application

Send Form 10A and documents to the Income Tax Commissioner’s Office or through the Income Tax Website. Keep copies for your records.

Step 5: Review and Inspection

The tax authority will review your application and may inspect your NGO’s activities and financial records.

Step 6: Registration Confirmation

If approved, you’ll receive a 12A and 80G registration certificate. If there are issues, you’ll have a chance to fix them.

Step 7: Obtain Your Registration Certificate

Once registered, you’ll get an official certificate confirming your NGO’s tax-exempt status, benefiting both your organization and its donors.

Process for Regular 80g Registration

· Submit Form 10G: NGOs must complete Form 10G and submit it with the required documents to the Income Tax Department.

· Inspection: The Income Tax Officer (ITO) may conduct an on-site inspection to verify the NGO’s information.

· Approval: Upon satisfactory review, the NGO will receive regular 80G registration, valid for five years.

[alishajoy059]

All About the Return of Foreign Liability and Asset (FLA) to the Reserve Bank of India (RBI)

Foreign Liabilities and Assets (FLA) reporting is a critical regulatory requirement mandated by the Reserve Bank of India (RBI). This annual return captures detailed information on foreign direct investments (FDI), overseas direct investments (ODI), and other investments held by Indian companies. The FLA return provides valuable data for the country's balance of payments and helps in the formulation of effective economic policies.

Importance of FLA Reporting

Economic Analysis: FLA data aids in analyzing India's external sector and understanding the composition and changes in foreign investments.

Policy Formulation: Accurate data on foreign investments is crucial for creating policies that foster a favorable investment climate.

Regulatory Compliance: Ensuring compliance with FLA reporting helps avoid penalties and maintains the integrity of financial disclosures.

Who Needs to File FLA Return?

Indian entities that have received FDI or made ODI in any previous year(s), including the current year, must file the FLA return. This includes:

Companies

Limited Liability Partnerships (LLPs)

SEBI-registered Alternative Investment Funds (AIFs)

Public and Private Sector Companies

NGOs and Trusts

Filing Requirements and Deadlines

Annual Submission: The FLA return must be submitted annually by July 15 of each year.

Information Required: The return should include details on foreign liabilities (such as equity capital, reinvested earnings, and other capital) and foreign assets (like equity, loans, trade credit, etc.).

Online Filing: The RBI provides an online portal for submitting the FLA return. Entities must register on the portal and obtain a user ID and password to file the return.

Steps for Filing FLA Return

Registration: Entities must register on the FLAIR (Foreign Liabilities and Assets Information Reporting) system by providing their basic information and obtaining login credentials.

Gathering Information: Collect all necessary data on FDI, ODI, and other foreign investments. This includes equity shares, loans, trade credits, and any other forms of investments.

Filling the Form: Log in to the FLAIR system, fill out the FLA form with the collected data, and submit it by the deadline.

Verification and Confirmation: After submission, the data is verified, and entities receive an acknowledgment from the RBI.

Penalties for Non-Compliance

Non-compliance with FLA reporting requirements can attract penalties under the Foreign Exchange Management Act (FEMA), 1999. It is essential for entities to adhere to the guidelines and submit accurate data on time to avoid any legal repercussions.

Recent Updates and Changes

The RBI periodically updates the guidelines and formats for FLA reporting. Entities must stay informed about any changes to ensure compliance. Recent updates include:

Enhanced data requirements for more detailed reporting.

Streamlined online filing process to reduce the burden on entities.

Increased scrutiny on the accuracy of the data provided.

Conclusion

The FLA return is a crucial regulatory requirement that helps the RBI and the government of India in monitoring foreign investments and making informed economic decisions. Timely and accurate filing of the FLA return is essential for regulatory compliance and contributes to the broader economic stability of the country. Indian entities engaged in international investments must prioritize the FLA reporting process to fulfill their obligations and support the nation's financial health.

Also read

Foreign Direct Investment (FDI) in India

Documents Required for Private Limited Company Registration in India

All about FC-GPR Filing and Compliance

All About FC-TRS Reporting Requirement

[krishnaregisterkaro322]

A Comprehensive Guide to NGO Registration Online || Registerkaro.in

NGO Registration Online play a pivotal role in addressing various social, economic, and environmental issues. Registering an NGO is a crucial step towards formalizing its operations, gaining legal recognition, and accessing various benefits. With advancements in technology, the process of NGO registration has become more streamlined and accessible through online platforms. This blog provides a comprehensive guide to NGO registration online, detailing the steps involved and the benefits of going digital.

Understanding NGO Registration

An NGO can be registered under different legal frameworks in India, such as:

Societies Registration Act, 1860

Indian Trusts Act, 1882

Section 8 of the Companies Act, 2013

Each of these frameworks has its own set of requirements and implications. However, the online registration process simplifies these varied procedures by providing a unified platform for submission and processing.

Benefits of Online Registration

Convenience: Online registration eliminates the need for multiple visits to government offices. The entire process can be completed from the comfort of your home or office.

Transparency: The online system ensures transparency, reducing the chances of corruption and delays.

Speed: Digital processing significantly reduces the time required for registration, allowing NGOs to commence their activities sooner.

Accessibility: Information and guidance on the registration process are readily available online, making it easier for applicants to understand and comply with the requirements.

Steps to Register an NGO Online

Step 1: Choose the Type of NGO

The first step is to decide the type of NGO you wish to register—Society, Trust, or Section 8 Company. Each type has its own set of rules and benefits, so it’s important to choose the one that best aligns with your objectives and operational plans.

Step 2: Obtain Digital Signature Certificate (DSC)

For online registration, key members of the NGO need to obtain a Digital Signature Certificate. This certificate is essential for signing digital documents securely. DSCs can be obtained from authorized certifying authorities.

Step 3: Apply for Director Identification Number (DIN)

If you are registering a Section 8 Company, the proposed directors must apply for a Director Identification Number (DIN). This can be done through the Ministry of Corporate Affairs (MCA) portal.

Step 4: Name Approval

Choosing a unique name for your NGO is crucial. The name should not be identical or similar to any existing entity. You can check the availability of the desired name through the online portal and submit an application for name approval.

[psrcompliances]

FCRA (Foreign Contribution Regulation Act) registration online involves submitting required documents and details such as organization information, sources of foreign funding, and compliance with government norms. This process ensures legal authorization for NGOs and other entities to receive foreign contributions in India.

[trust-registrations]

How to check Online Society Registration?

Learn the intricacies of online society registration in India under the Societies Registration Act of 1860, essential for NGOs and philanthropic endeavors. Navigate national and state-level requirements efficiently with expert guidance.

[growupindia]

A open public company is a company whose offers are advertised to the common open and that exchanges on a open stock trade. A public limited company (PLC) is an choice for business people with huge objectives, such as building a modern IT foundation or fabricating plant. For more information pleace click on the below link : https://companyregistrationproces.blogspot.com/.../what... Contatct us:- 9911930022

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Online Registration for Section 8 Companies

Non-Governmental Organizations (NGOs) in India have the option to register as a trust under the Trust Act 1882, a society under the Societies Act 1860, or as a Section 8 company under the Companies Act 2013. Opting for Section 8 company registration involves the process of incorporating an NGO, providing the flexibility to engage in activities promoting Art, Commerce, Science, Technology, Sports, Education, Social Welfare, Social Research, Religion, Charity, and Environmental Protection, among others. Once registered, a Section 8 Company has the liberty to operate anywhere in India.

Understanding Section 8 Companies

Considered an upgraded form of registration, Section 8 companies offer numerous advantages for charitable institutions compared to societies and trusts. It has become the preferred choice for NGO registration due to its streamlined registration process, operational ease, and efficient management. The primary objective of a Section 8 company is to advance non-profit causes, spanning various areas such as commerce, art, science, sports, education, research, social welfare, religion, charity, and environmental protection.

Mandatory CSR Registration for NGOs

Since April 1, 2021, NGOs are required to file Form CSR-1 on the Ministry of Corporate Affairs (MCA) portal to register with the Central Government. This initiative enhances the monitoring of Corporate Social Responsibility (CSR) expenditures across the country. The CSR-1 Form, available on the MCA website, is now a mandatory requirement for social organizations seeking CSR funds or acting as CSR implementing agencies.

Documents Required for Section 8 Company Registration

To initiate Section 8 company registration, the following documents need to be submitted:

PAN Card of all directors and shareholders

Aadhaar Card of all directors and shareholders

Recent Bank Statement of all directors and shareholders

Phone Bill or Electricity Bill of all directors and shareholders

Voter ID, Passport, or Driving License of all directors and shareholders

Passport size photo of all directors and shareholders

Rental agreement copy if the registered office is rented.

Registration Process for Section 8 Companies

The process of registering a Section 8 company involves the following steps:

Obtain a Digital Signature Certificate (DSC).

File Section 8 Incorporation Forms on the MCA Portal.

Upon regional director approval, submit the Section 8 company registration application and necessary documents on the MCA portal.

Provide required clarifications to the Registrar of Companies (ROC) during the process.

Upon satisfactory submission, the ROC issues a Certificate of Incorporation and a distinctive Company Identification Number (CIN).

Submission of Memorandum of Association (MoA) and Articles of Association (AoA) follows the issuance of the license. Before completing the registration, ensure the acquisition of Permanent Account Number (PAN), Tax Deduction and Collection Account Number (TAN), and a bank account for the company.

Requirements and Compliances for Section 8 Company Registration

Section 8 companies must adhere to certain requirements and compliances:

Minimum of two directors and two members for incorporation.

No minimum share capital requirement.

Charitable objectives and prohibition of profit distribution among members.

Governance by a Board of Directors, as specified in the MoA and AoA.

Compliance with rules and regulations under the Companies Act 2013.

Adherence to the provisions of the Income Tax Act.

GST registration if goods and services exceed the prescribed turnover limit.

Registration Fees for Section 8 Companies

The approximate registration fees for Section 8 companies in India are as follows:

DSC & DIN: Around Rs. 3,000

Company Name Reservation: Approximately Rs. 1,000

MoA, AoA, Government, and Incorporation fees: Rs. 6,000-8,000*

Notary and Stamps: Approximately Rs. 2,000

Professional Fees: Rs. 8,000-10,000*

Note: Figures are approximate and subject to variation based on various factors.

Benefits of Section 8 Company Registration

Section 8 companies offer various benefits, including:

No minimum capital requirement.

Eligibility for tax benefits under the Income Tax Act.

No stamp duty on incorporation.

Separate legal identity for the company.

Enhanced credibility due to strict compliance requirements and mandatory annual audits.

Exemption for donors under Section 80G for tax benefits.

Annual Compliances for Section 8 Companies

Section 8 companies are required to fulfill annual compliances, including:

Minimum of two board meetings annually.

Maintenance of proper books of accounts.

Preparation of annual financial statements, including the balance sheet, profit and loss account, and cash flow statement.

Mandatory annual audit of financial statements.

Conducting an annual general body meeting within six months of the financial year-end.

Income tax return filing and filing of financial statements with the ROC using Form AOC-4.

Filing of an annual return in Form MGT-7, providing information about directors, shareholders, and other key details.

Fulfillment of additional compliances based on specific registrations, such as obtaining 12AA registration for tax exemption or 80G registration for donor tax benefits.