Section 8 Company

( Section 8 Company )

Lorem ipsum dolor sit amet consectetur adipisicing elit. Harum quia enim minima nam provident porro fuga praesentium architecto, eius id, dolore eaque maxime minus rem nemo veritatis a temporibus distinctio? Lorem ipsum dolor sit, amet consectetur adipisicing elit. Rem excepturi aspernatur asperiores fuga iste? Necessitatibus quia aliquam numquam nobis doloremque voluptatum accusantium omnis molestias autem fuga sequi, magnam voluptatibus ullam?

Section 8 Company-Registration in affordable price-12,000rs

Requirement Document Section 8 Company

Benefits of Section 8 Company

1.Legal Recognition

A registered trust is recognized by law, which provides legitimacy and can enhance credibility, especially when dealing with donations or grants.

2.Tax Benefits

Registered charitable trusts are eligible for tax exemptions under Sections 12A and 80G of the Income Tax Act. This includes exemption from income tax and eligibility for donors to receive tax benefits.

3.Asset Protection

Assets held in trust are protected from personal liabilities of the trustees, and the trust structure can help manage and preserve assets across generations.

4.Access to Funding

Registered charitable trusts can access government grants, donations, and other funding opportunities available for NGOs and charitable organizations. Credibility

FAQ ( Frequently Asked Questions )

A Section 8 Company is a type of company incorporated under Section 8 of the Companies Act, 2013. It is formed for promoting commerce, art, science, religion, charity, or any other useful object.

Registering a Section 8 Company offers several benefits, including tax exemptions, limited liability for members, and legal recognition.

Any group of individuals or organizations can register a Section 8 Company, provided they meet the requirements specified in the Companies Act.

Key requirements include a minimum of three members, a specific name, a registered office, and a clearly defined objective that promotes a charitable or beneficial cause.

The time for Section 8 Company registration can vary depending on the efficiency of the registering authority and the completeness of the required documents.

Yes, there are typically fees associated with Section 8 Company registration, including registration fees and stamp duty.

While a Section 8 Company is primarily a non-profit organization, it can generate income to support its activities. However, the profits cannot be distributed among its members.

Section 8 Companies must have a governing body, such as a committee or board of directors, to manage its affairs.

Section 8 Companies are generally exempt from income tax if they meet the specified criteria and utilize their income for charitable or beneficial purposes.

Yes, a Section 8 Company can convert into a profit-making company, but it requires the approval of the Central Government and involves certain formalities.

Get Our Expert Opinion

Our experts provide comprehensive guidance on trust registration, ensuring compliance with all legal requirements and helping you understand the benefits and responsibilities involved. Whether you need assistance with documentation, legal advice, or understanding the tax implications, we are here to help you every step of the way.

Expert Image

Contact Us

Want to know more about our services? Contact us now!