#section 8 ngo registration online

[lawgicalindia28]

Benefits of forming a section 8 company include

[legalpillers24]

Flawless Registration: Document Checklist for Your Section 8 NGO

If you want to establish a non-profit organization with an aim of promoting social welfare, education, art, science, sports, or environmental protection, the Section 8 Company Registration is best for you. It is crucial for you to keep all the essential documents handy for a flawless registration process. In this article, we will discuss about the documents required for Section 8 registration.

Essential Documents Required for Section 8 Company Registration

DSC i.e. Digital Signature Certificate: DSC i.e. Digital Signature Certificate of all the directors must be required for the online registration. It will be used to sign the documents electronically.

DIN i.e. Director Identification Number: All the directors of the company must have to acquire their 8 digit unique Director Identification Number i.e. DIN that has been allotted by the central government.

MOA i.e. Memorandum of Association: MOA i.e. Memorandum of Association is one of the most important document. It defines the objectives & scope of a section 8 Company and must be filed with INC 13.

AOA i.e. Article of Association: AOA i.e. Articles of Association is also a very important document. It will define the internal management & working of the section 8 company.

The other necessary documents are-

Copy of Aadhaar Card of all the directors

Copy of PAN card of all the directors

Email address & contact number of all the directors

Passport size photographs of all the directors

Updated bank statement of saving account of all the directors (not older than 2 months)

Passport of all the directors as identity & nationality proof (in case of foreign nationality)

Any utility bill of the registered address including electricity bill or the telephone bill (not older than 2 months)

A notarized copy of the lease/ rent agreement of office place along with the rent receipt which is not older than 1 month (if available)

NOC given by the Office Owner (if you are not the owner of the registered office)

Conclusion

You can simplify the process of Section 8 Company Registration Online by organizing the above mentioned documents properly. You should make sure that all the forms are accurately filled & submitted in order to establish your NGO, so that you can focus on making a meaningful impact in your chosen field

[aurigaaccountingpvtltd]

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.

#aurigaaccounting#auriga_accounting#companysecretary #registration #pvtltdcompany #entrepreneur #mca #trademark #trademarkedsetups #trademarks #importexport #company #corporate #incorporation #companyregistration #startup #startupindia #startupindiastandupindia #startups #startupindiahub #india #business

[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.

[aahwahan]

Important Things to Consider When You Choose the Best NGOs to Donate to on any Platform?

For NGOs, most of the time, donations are their central source of funding. Here, contributions range in size from modest to large & come from a variety of sources. The source can be a foreign national, people, company, or Indian citizen. At the beginning, when an NGO is first starting out, it has unique challenges in raising money, and after it establishes a solid foundation in the community, raising money becomes quite easier. Therefore, while choosing the best NGOs to donate to, you need to consider some criteria in order to assess their reliability.

Let’s find out what should be considered for an NGO donation:

Verify the Registration Status of an NGO

Prior to making a donation for NGO organization, it is imperative that you investigate the legitimacy of the organization as well as ascertain that your funds are being handled securely. Therefore, the first need is to determine whether the NGO is officially registered or not. In case you wish to verify the legitimacy, this must be a recognized NGO since they will also be able to apply for help from government agencies.

Go for checking acts like:

· The "Indian Trust Act, 1885" is needed in order for an NGO to register as a trust.

·  In order to register an NGO as a Society inside the market, one must comply with the "Society Registration Act, of the year 1860."

· Despite being a non-profit organization, an NGO still needs to be registered as an organization. Therefore, this also needs to register as a company under "Companies Act, of the year 2013" Section 8 of Company registrations.

·  Also, the Foreign Contribution Regulation Act or simply FCRA registration is also needed.

Determine Different Payment Options Available with a Particular NGO

It would be complicated to trust an organization in case all they ask for is cash payments because cash transactions are typically undetected. As a result, you should not put your trust in any organization that requests just cash payments as Donation for NGO organization. Therefore it is a good idea to review different payment alternatives, including checks as well as other online payment methods.

Check Whether an NGO have Transparency or Not!!

Today, not all of the NGOs that are popping up in our country need to be reliable. This becomes so important to look up an NGO's reputation through its past before contributing any donation. You must check how it has performed in earlier times, whether the raised funds have been utilized for the said purpose or not. You can check some financial details, social media accounts, tax structure, & other such information about an NGO before actually going ahead with the best NGOs to donate to. Such NGOs, which tend to have more political ties & put in less effort toward their objectives, should be avoided. 

Check, is there any Tax Deduction for Donations Made to a Specific NGO?

This is a good idea to think about whether your donation to a specific NGO qualifies for tax deduction under Income Tax laws. Giving to the welfare of society as well as receiving tax benefits is absolutely great for you and as a result, you can gain from both philanthropy and tax-free gifts.

Reference URL: https://aahwahan1.wixsite.com/website/post/important-things-to-consider-when-you-choose-the-best-ngos-to-donate-to-on-any-platform

[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]

Online NGO Registration Process and Fees in Delhi

NGO (Non-Governmental Organization) Registration: A non-profit organization working for charitable and social purposes. There are three types of NGO Registrations: Section 8 Company Registration, Society Registration and Trust Registration. Connect with PSR Compliance for all types of NGO Company registration; we can assist you in registering an NGO with all the necessary formalities. You can obtain your NGO Certification within 30 days.

[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.

[legalpillers24]

(via Documents Required for Section 8 Company Registration (Section 8 NGO))

[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

[vakilkaro]

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.

[biatconsultant]

Unlocking the Potential of Section 8 Companies: How to Register and Thrive

Introduction to Section 8 Companies

Section 8 Companies, also known as Non-Profit Organizations (NPOs) or Non-Governmental Organizations (NGOs), are entities established to promote charitable objectives such as education, healthcare, environment, and social welfare. Unlike traditional companies, Section 8 Companies do not aim to make profits for their members or shareholders.

The primary purpose of Section 8 Companies is to work towards the betterment of society and contribute to the development of the community. These companies play a vital role in addressing social issues and making a positive impact on people's lives. By registering as a Section 8 Company, individuals and organizations can unlock the potential to create meaningful change.

Understanding Section 8 Company Registration

Section 8 Company registration is the process of legally incorporating a nonprofit organization under the provisions of the Companies Act 2013. To register as a Section 8 Company, certain criteria must be met, including having charitable objectives, prohibiting the distribution of profits, and utilizing income solely for promoting the company's objectives.

Registering as a Section 8 Company provides several advantages, such as tax exemptions, access to government funding, and enhanced credibility. Additionally, it allows individuals and organizations to create a structured framework for their charitable activities and increase their reach and impact.

Benefits of Section 8 Company Registration

Registering a Section 8 Company offers numerous benefits that make it an attractive option for those looking to make a difference. Firstly, Section 8 Companies enjoy tax exemptions on income generated through their charitable activities, helping them maximize their funds and allocate resources more effectively.

Secondly, Section 8 Companies have access to various government schemes and grants, which can provide financial support for their initiatives. This enables them to scale their operations, implement innovative projects, and reach a larger audience.

Furthermore, Section 8 Company registration enhances the credibility of the organization. By being recognized as a legal entity, these companies gain the trust of donors, partners, and beneficiaries, leading to increased support and collaboration. This, in turn, allows Section 8 Companies to have a more significant impact on society.

Step-by-Step Guide to Registering a Section 8 Company

Registering a Section 8 Company involves a systematic process that ensures compliance with legal requirements. Here is a step-by-step guide to help you navigate through the registration process:

Define your objectives: Clearly define the charitable objectives of your Section 8 Company, ensuring they align with the provisions of the Companies Act 2013.

Obtain Digital Signature Certificates (DSC): DSCs are essential for online filing and signing of documents. Apply for DSCs from certified authorities.

Apply for Director Identification Number (DIN): DIN is a unique identification number required for all the directors of the Section 8 Company. Apply for DIN through the Ministry of Corporate Affairs (MCA) portal.

Name Approval: Choose a unique name for your Section 8 Company and submit it for approval to the MCA. Ensure the name reflects the objectives of the company and complies with naming guidelines.

Draft Memorandum and Articles of Association: Prepare the Memorandum and Articles of Association (MOA and AOA) of your Section 8 Company, outlining its objectives, rules, and regulations.

Complete the Incorporation Process: File the necessary forms and documents, including the MOA, AOA, and other required declarations, with the Registrar of Companies (ROC) through the MCA portal.

Obtain Certificate of Incorporation: Once the ROC verifies and approves the documents, you will receive the Certificate of Incorporation, officially establishing your Section 8 Company.

By following these steps diligently and seeking professional assistance when needed, you can successfully register your Section 8 Company and embark on your journey towards making a positive impact.

Choosing a Section 8 Company Registration Consultant

Registering a Section 8 Company involves complex legal procedures, making it beneficial to seek guidance from experienced professionals. A Section 8 Company Registration Consultant can provide valuable insights, streamline the registration process, and ensure compliance with all legal requirements.

When choosing a Section 8 Company Registration Consultant, consider their expertise, reputation, and track record. Look for consultants with a deep understanding of nonprofit regulations, strong industry connections, and a commitment to delivering exceptional service. Their knowledge and guidance will prove invaluable in navigating the intricacies of Section 8 Company registration.

Online Section 8 Company Registration Process

The advent of digital technology has simplified various administrative processes, including Section 8 Company registration. Online registration offers convenience, efficiency, and speed, making it the preferred choice for many aspiring nonprofit organizations.

To register a Section 8 Company online, follow these steps:

Create an account: Register on the MCA portal and create an account using a valid email ID and phone number.

Apply for DIN: Apply for Director Identification Number (DIN) for all the proposed directors through the online DIN application form.

Name Approval: Submit an online application for name approval, ensuring you comply with the naming guidelines.

Prepare documents: Draft the Memorandum and Articles of Association (MOA and AOA) of your Section 8 Company as per the prescribed format.

Upload documents: Upload the required documents, including the MOA, AOA, and other supporting declarations, on the MCA portal.

Pay fees: Pay the applicable fees online through the payment gateway provided on the MCA portal

Verification and approval: The ROC will verify the documents and, upon successful verification, issue the Certificate of Incorporation electronically.

Online registration simplifies the Section 8 Company registration process, allowing you to complete the formalities conveniently from anywhere, anytime.

Key Considerations for Section 8 Company Registration in India

Before proceeding with Section 8 Company registration in India, it is crucial to consider certain key factors to ensure a smooth and successful process. These considerations include

Eligibility Criteria: Ensure your organization meets the eligibility criteria for registering as a Section 8 Company, such as having charitable objectives, promoting public welfare, and prohibiting the distribution of profits.

Name Selection: Choose a unique and appropriate name for your Section 8 Company, adhering to the naming guidelines specified by the MCA.

Documentation: Prepare all the necessary documents, such as MOA, AOA, and declarations, accurately and in the prescribed format.

Compliance with Regulations: Familiarize yourself with the provisions of the Companies Act 2013 and other relevant laws governing Section 8 Companies to ensure compliance at every stage.

By paying attention to these considerations and seeking professional assistance, you can navigate the registration process smoothly and establish a strong foundation for your Section 8 Company.

Exploring Section 8 of the Companies Act 2013

Section 8 of the Companies Act 2013 is the legislative provision that governs the registration and functioning of Section 8 Companies in India. This section outlines the objectives, eligibility criteria, restrictions, and compliance requirements for such entities.

The Companies Act 2013 empowers Section 8 Companies to operate with a social welfare agenda, promoting activities that benefit society. The act provides a legal framework that ensures transparency, accountability, and responsible governance within these organizations.

Understanding the provisions of Section 8 of the Companies Act 2013 is essential for those planning to register a Section 8 Company, as it forms the basis for their operations and compliance.

Section 8 Company Registration Fees and Expenses

While registering a Section 8 Company, certain fees and expenses need to be considered. These costs include:

Name Approval Fee: A fee is charged for submitting a name for approval to the MCA. The fee varies depending on the type of company and the number of proposed names.

Stamp Duty: Stamp duty applies to the Memorandum of Association (MOA) and Articles of Association (AOA) of the Section 8 Company. The amount varies from state to state.

Government Fees: The MCA imposes fees for various processes, such as applying for DIN, filing forms, and obtaining the Certificate of Incorporation.

Professional Fees: Engaging a Section 8 Company Registration Consultant or a legal professional incurs professional fees. The costs may vary depending on the scope of services provided.

It is essential to consider these fees and expenses while planning the budget for Section 8 Company registration. Proper financial planning ensures a smooth registration process without any financial constraints.

Incorporation Process for Section 8 Companies

The incorporation process for Section 8 Companies involves several stages, each requiring specific documents and filings. Here is an overview of the key steps involved:

Name Approval: Choose a unique name for your Section 8 Company and submit it for approval to the MCA. The name should reflect the objectives of the company and comply with naming guidelines.

Drafting MOA and AOA: Prepare the Memorandum of Association (MOA) and Articles of Association (AOA) of your Section 8 Company, defining its objectives, rules, and regulations.

Declaration and Affidavits: Prepare and submit various declarations, including the declaration of non-profit distribution, declaration by promoters, and affidavits, ensuring compliance with legal requirements.

Form Filing: File the necessary forms, such as Form INC-1, Form INC-12, and Form INC-13, with the ROC through the MCA portal, enclosing the required documents.

Certificate of Incorporation: Upon verification of the documents and satisfaction of all legal requirements, the ROC issues the Certificate of Incorporation, officially establishing your Section 8 Company.

Properly completing each step of the incorporation process is crucial to avoid any delays or complications. Seeking professional assistance can help you navigate through the process smoothly and ensure compliance with all legal obligations.

Maintaining Compliance as a Section 8 Company

Once registered, Section 8 Companies need to maintain compliance with legal and regulatory requirements. Compliance ensures transparency, accountability, and the smooth functioning of the organization. Here are some key aspects of compliance for Section 8 Companies:

Annual Filing: Section 8 Companies are required to file annual returns and financial statements with the MCA, providing an overview of their activities, financial position, and compliance status.

Audit and Accounting: Section 8 Companies need to maintain proper books of accounts, conduct annual audits, and comply with accounting standards prescribed by the MCA.

Board Meetings and Resolutions: Hold regular board meetings, document the minutes, and pass resolutions by the provisions of the Companies Act 2013.

Statutory Registers: Maintain and update various statutory registers, including the Register of Members, Register of Directors, and Register of Contracts, as required by law.

By maintaining compliance with these obligations, Section 8 Companies can ensure their operations are transparent, accountable, and in line with legal requirements, enabling them to continue their charitable activities effectively.

Common Challenges and Solutions for Section 8 Companies

While Section 8 Companies offer numerous benefits, they also face certain challenges unique to their nature. Some common challenges faced by Section 8 Companies include:

Fundraising: Raising funds for Section 8 Companies can be challenging, as they heavily rely on donations and grants. To overcome this, Section 8 Companies can focus on building strong relationships with potential donors, implementing effective fundraising strategies, and leveraging digital platforms for crowdfunding.

Compliance Burden: Maintaining compliance with legal and regulatory requirements can be time-consuming and challenging for Section 8 Companies. Engaging a professional consultant or outsourcing compliance-related tasks can help alleviate this burden and ensure adherence to all obligations.

Sustainability: Ensuring the sustainability of Section 8 Companies is crucial for their long-term impact. By diversifying revenue streams, engaging in income-generating activities within the permissible limits, and adopting sustainable business models, Section 8 Companies can enhance their financial stability and continue their charitable work.

Addressing these challenges requires careful planning, strategic thinking, and a proactive approach. By implementing appropriate solutions, Section 8 Companies can overcome obstacles and maximize their potential for creating positive social change.

Conclusion: Unlocking the Potential of Section 8 Companies

Registering and operating as a Section 8 Company opens doors to a world of possibilities for individuals and organizations committed to making a difference. By following the step-by-step registration process, choosing the right consultants, and maintaining compliance, Section 8 Companies can thrive and create a lasting impact on society.

Unlocking the potential of Section 8 Companies requires dedication, perseverance, and a deep-rooted commitment to social welfare. By embracing this unique business structure and harnessing its benefits, we can collectively work towards a better, more inclusive, and equitable world.

[dmsachin]

How to Start an NGO in India — Registration, Funds, Documents

Introduction

Starting a non-governmental organization (NGO) in India can be a fulfilling and impactful way to make a positive difference in your community or address a specific social issue. NGOs play a crucial role in addressing various social, environmental, and humanitarian concerns. However, establishing an NGO involves a series of legal and administrative processes, including registration, securing funds, and maintaining proper documentation. In this article, we will guide you through the steps of starting an NGO in India, highlighting key aspects of registration, fundraising, and necessary documents.

Step 1: Define Your Mission and Objectives

Before you start the legal process of setting up an NGO, it’s essential to have a clear mission, objectives, and a well-thought-out plan for the change you want to bring about. This will serve as the foundation for your organization and guide all your future activities.

Step 2: Decide on the Type of NGO

In India, NGOs can be registered under various legal structures, including:

1. Trust: A trust is a common form of registration where you create a trust deed and manage the organization’s assets and funds.

2. Society: A society is typically formed for charitable, literary, or scientific purposes. It requires the creation of a memorandum of association and rules and regulations.

3. Section 8 Company: This is a company formed for promoting art, culture, science, religion, charity, or any other useful object. It requires registration under the Companies Act, 2013.

Step 3: NGO Registration

a. Trust Registration

- Draft a trust deed containing all relevant details, including the name of the trust, its objectives, and the names of the trustees.

- Get the trust deed notarized and signed by the trustees.

- Submit the trust deed, along with other required documents, to the local Sub-Registrar office for registration.

b. Society Registration

- Draft a memorandum of association and rules and regulations in compliance with the Societies Registration Act, 1860.

- Gather the signatures of at least seven members.

- Submit the required documents to the Registrar of Societies in your state.

c. Section 8 Company Registration

- Choose a unique name for your NGO and obtain Director Identification Number (DIN) and Digital Signature Certificate (DSC) for the directors.

- Apply for name approval and incorporate the company under the Companies Act, 2013.

- File for the registration of your NGO as a Section 8 Company.

Step 4: Fundraising

Sourcing funds is crucial for the sustainability and growth of your NGO. Here are some ways to secure funds:

1. Donations: Encourage individuals and businesses to make donations to your organization. You can offer tax benefits to donors under Section 80G of the Income Tax Act.

2. Grants: Apply for government grants, international grants, and grants from private foundations that align with your mission.

3. Corporate Partnerships: Collaborate with businesses on corporate social responsibility (CSR) projects, sponsorships, or employee engagement programs.

4. Crowdfunding: Use online platforms to raise funds from a large number of people who share your cause.

5. Events and Campaigns: Organize fundraising events, charity drives, or awareness campaigns to generate funds.

Step 5: Maintain Proper Documentation

Maintaining accurate and organized documentation is crucial for legal compliance and transparency. Here are some essential documents to maintain:

1. Trust Deed or Memorandum and Rules: Keep a copy of the trust deed, memorandum of association, and rules and regulations at all times.

2. Financial Records: Maintain detailed records of income, expenditure, and financial transactions. Prepare annual financial statements and get them audited.

3. Board Meeting Minutes: Document the minutes of all board meetings and general body meetings.

4. Annual Reports: Create and publish annual reports that highlight your organization’s achievements and financial status.

5. Tax Records: Keep records related to tax filings, including Income Tax Returns (ITR) and FCRA (Foreign Contribution Regulation Act) reports.

Conclusion

Starting an NGO in India is a noble endeavor that requires careful planning, registration, fundraising, and diligent record-keeping. At Ngopartners, we provide NGO registration services in India to assist you through this process. Visit our website at ngopartners.org to learn more about how we can support your mission to create a positive impact on society. Remember that the journey of making a difference through your NGO will be rewarding, and with dedication and the right guidance, you can make a significant contribution to your community and beyond.

Read also — What is an NGO? Your Ultimate Guide to Starting and Registering a Non-Government Organization

[professionalutilities1]

Online NGO Registration - Types, Procedure, Fees, Documents Required

Establishing a Non-Government Organization (NGO) helps you work for the betterment and improvement of society. To register an NGO, you need to understand what they are, how they work, and the registration requirements. There are three forms of NGO - Section 8 company, Society, and Trust.

In effect from April 1, 2021, all NGOs need to file Form CSR-1 to register with Central Government to get CSR funding. Furthermore, FCRA registration is required if the NGO is seeking funds from foreign sources.

A non-governmental organization (NGO) is a non-profit organization established by a group of natural persons for charitable and social purposes.

Types of NGO Registration:

Section 8 Company Registration under the Companies Act, 2013

Trust Registration under the Trust Act, 1882

Society Registration under the Societies Registration Act, 1860

NGO Registration fees:

The total cost of registering a section 8 company, including government and professional fees, would be Rs. 4,999

The total cost of trust registration, including government and professional fees, would be Rs. 13,999

The total cost of society registration, including government and professional fees, would be Rs. 12,999

To know more (click here)