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Section 8 Company

This company is incorporated if the business if a not for profit organization or the object to be carried out is a charitable object. It requires prior approval of Central Government for such company to be incorporated. It enjoys all privileges of a private or public company but has obligations imposed by the Central Government

Benefits of Section 8 Company

  • No minimum paid up capital requirement
  • Benefits u/s 12AA and 80G of income tax act

Documents needed to incorporate Section 8 Company

  • PAN of Directors
  • Address proof of Directors – Aadhar Card, driving license, passport, voter id card, latest utility bill etc.
  • Passport size photos of Directors.
Registered office proof of Company (as follows)

In case place is owned by any of the Shareholder/Director -Latest utility bill clearly showing name of owner and NOC from owner allowing to use the place for running the business

In case place is rented-Rent agreement, latest utility bill clearly showing name of owner and NOC from owner allowing to use the place for running the business

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