Get Quote Instantly in a Minute

Section 8 and Section 25 Company registration

Section 8 Company registration in with smartcorp is an inevitable task since this kind of company registration takes part in promotion of sports, charity, and social welfare. Smartcorp have been nominated as the best consultant in the city which involve in hassle free registration process.It intends to apply all its profit and income only for the motive of promoting the above said aspects. The section 8 company need not to pay the dividend or the income to anyone.

Section 8 companies are legal forms of non-profit organizations with the authority to operate anywhere in the country. These companies cannot generate income, and their promoters cannot derive any benefits from them. Registering a Section 8 Company is crucial as it is intended for charitable works and can enjoy various tax exemption benefits. Donors contributing to charity trusts associated with Section 8 companies can also claim tax exemptions on their donations. There is no minimum capital required for registration, and no stamp duty is needed for incorporation. A Section 8 company is a separate legal entity that enhances credibility and is considered more reliable than other charitable organizations. For Section 8 company registration, at least one director must be an Indian resident, and members cannot receive compensation in the form of cash.

Section 25 company registration is similar to the earlier version of the Section 8 Company. It provides an option for those who wish to support charitable causes without forming a trust. Section 8 Company registration is governed by Section 8 of the Companies Act 2013 and can hold a license from the Central Government.

Documents required for Section 8 Company registration

Required documents for Section 8 company registration

  • Identity proofs of directors
  • PAN cards of directors
  • Address proofs
  • Photographs
  • Rental agreement or NOC for the office
  • DSC, DIN, and MOA of directors
  • Statement of income

Documents required for Section 25 Company registration

For registration, you'll need:

  • Name and address of the promoters
  • List of proposed members of the Board of the Directors
  • Certified copy of the notice
  • Declaration signed by all the promoters

Benefits of Section 8 Company registration

Following are the benefits of online Section 8 company registration

  • Builds more trust
  • It has zero stamp duty
  • Tax exemption
  • Separate legal entity
  • There is minimal share capital