A section 8 Company is the Ideal business structure for NGO’s and Non Profit Organizations in India. The other structures can be trust and society. Section 8 companies are preferred as they are easy to run and get recognition from stakeholders.
Under the plan, an expert shall be assigned to your case who shall guide you on the nitty gritties around obtaining the license and get your organisation started an NGO section 8 company.
- Filing of E-forms with the Registrar of Companies (ROC)
- Digital Signature Certificates-DSCs (2 nos.)
- Name approval (RUN – Reserve Uniqe Name)
- Filing of SPICe form
- Drafting of Memorandum of Association (MOA) & Articles of Association (AOA)
- PAN Application
- TAN Registration
- Issue of Certificate of Incorporation
- Issue of Section 8 NGO license
- Includes Govt Fees & Stamp duty for Authorized Capital upto Rs. 10 Lakh
- Excludes foreign national or Foreign Body Corporate as a director OR business that need approval from RBI, SEBI or IRDA for incorporation
- Passport size photos of directors
- Address proof of directors
- Photo ID proof of directors
- Specimen signature
- Self declaration about your directorship in other companies
- Rent agreement of your registered office
- No objection certificate from the owner
- Purchase of plan
- DSC Application
- Company Name Reservation with RUN
- Filing of e-Forms with ROC
- Receipt of Incorporation Certificate