Sec 8 Company(NGO)

Overview
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Overview

NGO (Non-Government Organisation) is an organization that works for non-profit/ charitable purposes. An NGO established as Section 8 company under the Companies Act, 2013 (‘Act’) is governed by the Ministry of Corporate Affairs (‘MCA’) whereas the NGO registered as a trust or society is governed by the registrar of state under the State Government.

Section 8 company incorporation has more benefits in comparison to trust and society. This type of company has more credibility among government departments, donors, and other stakeholders. In this article, we will explain how to register as an NGO in the form of Section 8 Company, under the Companies Act, 2013.

Purpose of NGO – Section 8 Company Incorporation

The main purpose of establishing a  company as a Section 8 company is to promote non-profit objectives such as the following:

  • Commerce
  •  Art 
  • Science 
  • Sports 
  • Education 
  • Research 
  • Social welfare 
  • Religion 
  • Charity 
  • Protection of environment 
  • Any such other object related to the above objects

When the Central Government is satisfied that a person or association of persons propose to establish a limited company having the above-mentioned objectives, it shall grant a license to register as a Section 8 company under the Companies Act, 2013 (‘Act’). 

The profits/incomes of the Section 8 company, if any, are applied towards promoting the objectives of the company and are not distributed as dividends to its shareholders.

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Who Should Apply

A group of any number of people desirous of forming a section 8 company


Documents Required

  • Pan Card of directors/shareholders
  • Aadhar card of directors/shareholders
  • Bank Statement( 1st page showing Name and addresses of directors/shareholders and last page having recent transactions)
  • Photo of directors/shareholders
  • Separate Email of directors/shareholders
  • Seperate Phone No of directors/shareholders
  • Latest Electricity bill/Gas bill of Registered office of company

Available packages

Simple & transparent pricing

Basic Package

.

₹ 9,999

  • 2 Digital Signatures of Directors
  • 2 DIN of Directors
  • Name Application of Company
  • Filing of Incorporation Documents
  • Payment of Government Fee and Stamp Duty
  • Application for PAN and TAN of Company
  • Authorised Capital upto 4lacs

Prices are excluding GST


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FAQ's on Sec 8 Company(NGO)

A NGO or Non Profit Organisation is an entity that operates for promotion of art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object. In India, an NGO can be registered as any of the three structures being Company under Section 8 of the Companies Act, 2013(section 25, companies act 1956), Trust or Society. Section 8 Company format of a NGO is most popular form of NGO in India. It is easy to register, run or manage a Section 8 Company in comparison of a Trust and a Society.
The entire procedure is 100% online and you don’t have to be present at our office or any other office for incorporation.
Sec 8 company can we registered within 7-10 working days.
The key characteristics of an NGO section 8 company are: Object: *It operates for common welfare of masses at large, for promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object. Profit Earning: *The objective is not to earn profit. If any profit is earned during course of its operation, the same is not to be shared among owners/members rather utilised for attaining the objects for which NGO was formed. Utilisation of funds and earnings: *The profits, if any, or other income is used towards promoting of specific objects of NGO. Further there is restriction on declaration of profits as dividend to members.
Any individual/organization can become the member of Section 8 Company including foreigners/NRI’s.
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