Section 8 Company registration services in Ahmedabad

The Section 8 Company registration services in Ahmedabad that we provide at K M Gatecha & Co LLP:

• Checking for name availability and obtaining name,
• Drafting MOA in format prescribed in for INC-13,
• Drafting AOA,
• Obtaining Digital signatures for directors,
• SPICe 32 form documents collection,
• Filing SPICe 32 form,
• Completion of process,
• Obtaining registration details for Section 8 Company,
• GST registration, returns and refund services,
• Accounting services for section 8 Companies,
• ITR preparation and filing services for section 8 companies.

Section 8 Company:

• Section 8 company is a non-profit organization which promotes arts, science, sports, education, research, social welfare, charity, protection of environment or similar pursuits,
• There are 3 legal forms in which these kinds of companies can exist in India, i.e., trusts, societies and Section 8 companies,
• The organization uses its income or assets in promoting the above objectives,
• Does not distribute profits or dividends to its members.
• Section 8 companies work under the uniform law of Companies Act,2013.

Section 8 company registration process:

• Application for name availability:
  • Application for availability of name must be made in “RUN” facility.
  • The name should include foundation, association, federation, chambers, electoral trust or similar.
  • The fee for “RUN” is INR 1000/- and object clause should be attached,
  • Name once approved is valid for 20 days.
• DSC of First Directors,
• Preparation of MOA (memorandum of association), AOA (articles of association) and other documents)
  • MOA should be in form INC-13,
  • No prescribed format for AOA,
  • MOA and AOA should be signed by each subscriber and name, address, description and occupation of the subscriber should be mentioned.
• SPICe 32 form filing:
  • Attachments along with SPICe 32:
    • MOA
    • AOA
    • Declaration in form INC-14 by a practicing CS/CA/CWA,
    • Declaration by each person making the application in form INC-15,
    • An estimate of future annual income and expenditure of the company for the next 3 years,
    • Approval of name from CRC,
    • Consent and declaration by first directors in Form DIR-2,
    • Self-declaration by subscribers in form INC-9,
    • Aadhar card of first directors and subscribers,
    • Proof of registered office such as rent deed, sale deed or lease agreement,
    • Latest utility bill as proof of address for registered office address,

Benefits of Section 8 Company registration:

• Exemption of stamp Duty,
• Tax deductions for donors under u/s 80G,
• Can be formed without share capital,
• Not required to add suffix such as limited or private limited,
• More credibility compared to other Non-profit organization such as trust or society.