Section 8 Company Registration Process
Process of Section 8 Company Registration. Here is a section 8 Company registration procedure.
MOA is the charter of the company and defines the scope of its activities.
Section 8 company registration process. Section 8 Application. Because it is registered for not-for-profit purposes. Documents Required for Section 8 Company Registration.
One can adopt table F provisions. The Telephone Bill and Electricity Bill. An NGO can be registered as a Section 8 company under the Companies Act 2013 or as a trust under the Trust Act 1882 or as a society under the Societies Act 1860Section 8 Company Registration is the process of incorporation of an NGO under the Companies Act 2013.
The Memorandum of Association MoA of the Section 8 Company includes all the information about the company such as the Name of the Company state of company incorporation details of the authorized capital and declaration of the company about being it a limited company. For Sec 8 company the Memorandum and Articles are required to be attached separately unlike other incorporation where it is to be filled as a web. NGOs can be established as a Society Trust and Non-Profit Company Section 8 Company.
And surrounding areas for a period of. The central government may issue a license if it is satisfied that the objects of the company are promoting the arts sports science culture education religion etc. Step 1 - Prepare DSC.
Aadhaar Card details of all the Members. In order to be placed on the waiting list. In this video we have Advocate Kanisshka Tyagi discussing on What is the process of setting up a Non-Profit or Section 8 CompanyAdvocate Kanisshka Tyagi.
Section 8 company registration in India is done with valid identity and address proof. Section 8 Company Registration. May be asked to provide proof of residency at any time during the application process and.
The applicant is required to be a current resident ofthe FWBHA s jurisdiction namely Okaloosa County. The registration process under section 8 of Companies Act 2013 Step 1. Registration of a Section 8 Company involves the same process as incorporating an NGO Trust or Co-operative Society under the Companies Act 2013.
Drafting of the MoA and AoA of the Company. Section 8 Company is the company registered under the Companies Act 2013 as a Non-profit organization. Identification proof and address proof are compulsory for all the directors and the shareholders of the company to be registered.
A non-profit organization or NGO can be established in India. The essential documents required for Section 8 Company Registration in India are as follows. PAN Card details of all the Members.
A section 8 Company can be registered for promoting Art Science Commerce Technology Sports Education Social Research. Least 6 months. Before indulging with application process it is smart to gather all the documentation required in the process of incorporation as it consume plenty of time.
Further there is no limit for initial capital and hence it may be started with Rs10000. Section 8 company registration process requires at-least two people to start with. And apply its profits for promoting the objects of the company and prohibited for.
As we all know NPO can be registered as- Trust by executing a Trust deed or As a society under the Registrar of Societies or As a non-profit company under Section 8. An AOA is a document which regulates the internal management of the company. Corporate Social Responsibility has brought immense opportunities for the social service section making the funds availability very easy for charitable or welfare activities.
MOA of Section 8 Company must be in form INC-13 while there is no format prescribed for AOA for Section 8 Company. Posted by setindiabiz Oct 9 2020 Company Registration. One additional requirement is that it has to seek a prior license from the central government us 8 of the Companies Act 2013.
The documents acquired by MCA for the online. Section 8 company registration means a non-profit organization that is registered under the Companies Act 2013. The latest Bank Statements of all the Members and also of the Company.
