Section 8 of the Companies Act 2013 provides for the formation of the companies with charitable objects etc. Section 8 Company, (earlier Section 25 Company of the Companies Act, 1956), is a legal entity for charitable or not-for-profit purposes. Section 8 company is also know as NGO.
Documents Required
- ID Proof of director (PAN)
- Address proof of director
- Photo of director
- Qualification of director
- Valid contact no.
- Valid mail ID
- Residential Address Proof
- Declaration by director
- Name of the company
- Object/ Main Business of the company
- Address proof of company
- Signed copy of MOA and AOA
Benefits
- Enjoy all the benefit of NGO
- Not required 7 person as in Socities or trust act
- It can be registered with minimum 2 person
- No requirement of minimum
- Tax Benefit