Section 8 companies, commonly known as Non-Governmental Organizations (NGOs), play a vital role in driving social change and addressing societal needs in India. Registering a Section 8 company requires compliance with specific legal requirements and procedures. In this article, we will provide a step-by-step guide on how to register a Section 8 company in India, with the expert assistance of Taxsing.

Step 1

Understand the Concept and Purpose
Before proceeding with the registration process, it is crucial to understand the concept and purpose of a Section 8 company. These companies are formed for promoting art, science, commerce, sports, education, research, social welfare, charity, or any other useful object. Familiarize yourself with the activities and objectives your NGO aims to pursue.

Step 2

Name Reservation
Choosing a unique and appropriate name for your Section 8 company is essential. Taxsing can help you conduct a name availability search and ensure compliance with the naming guidelines prescribed by the Ministry of Corporate Affairs. Once the name is finalized, you can reserve it by filing an application.

Step 3

Memorandum of Association (MoA) and Articles of Association (AoA)
Prepare the MoA and AoA, which are the key constitutional documents of the Section 8 company. These documents outline the objectives, rules, and regulations governing the organization. Taxsing's experts can guide you through the process of drafting these documents, ensuring compliance with legal requirements.

Step 4

Obtaining Digital Signature Certificates (DSC) and Director Identification Number (DIN)
To proceed with the registration, you need to obtain Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) for the proposed directors of the Section 8 company. Taxsing can assist you in obtaining these credentials, which are required for the electronic filing of documents.

Step 5

Application for Incorporation
Prepare the necessary documents, including the MoA, AoA, and other prescribed forms, and file the application for incorporation with the Registrar of Companies (RoC). Taxsing's experts will ensure that the application is accurately filled and submitted, meeting all legal requirements.

Step 6

Obtaining License and Certificate of Incorporation
After reviewing the application, if the Registrar of Companies is satisfied, they will issue the license and Certificate of Incorporation. This license grants the Section 8 company the status of a nonprofit organization. Taxsing will handle the follow-up with the authorities and notify you once the license and Certificate of Incorporation are obtained.

Step 7

Compliance and Post-Incorporation Requirements
Once the Section 8 company is registered, there are certain compliance requirements that need to be fulfilled, such as obtaining a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN). Taxsing can guide you through these compliance obligations and ensure adherence to applicable laws and regulations.

Registering a Section 8 company (NGO) in India requires a thorough understanding of legal procedures and compliance requirements. With Taxsing's expertise and guidance, the registration process becomes seamless and efficient. By following this step-by-step guide, you can establish your Section 8 company and contribute to the betterment of society. Taxsing is committed to assisting you throughout the registration process, ensuring compliance and providing ongoing support in meeting the legal obligations of your NGO. Take the first step towards making a difference and register your Section 8 company with Taxsing today.