The idea of incorporating a non-profit making company in India is not a new term as it has been in the business community since ages. Section 8 company pertains to a established ‘for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object’, provided the profits, if any, or other income is applied for promoting only the objects of the company and no dividend is paid to its members
As far its structure is concerned, it is much alike a trust or society as it is registered under the Central Government’s Ministry of Corporate Affairs. A Section 8 Company enjoys many privileges and exemptions under Company Law.
A Non-profit Organization is a Company which
We, at FINLEGALFORTE, make it easy for our clients to incorporate a Section 8 company by providing all necessary legal and professional support in respect to incorporation and business management. Our highly talented legal professionals are experts in lending you full support to help you realize your business dream.
Documents required for registering an One Person Company1. Memorandum of Association |
4 Steps to get process. We'll email you at different points in the process or you can check the status of your order anytime in our Online Status Centre.
INC-32 must be accompanied by supporting documents including details of Directors & Subscribers, affidavits, declaration, MOA, AOA, identity proof, address proof etc.
The MOA and AOA are provided differently in electronic form e-form INC-33 and INC-34 respectively. In INC-33 you have to mention the object of the company and in INC-34 you have to provide for pre-drafted clauses of AOA.
The subscribers and the witness of MOA and AOA will affix their Digital Signature on the e-form INC-33 and INC-34. Also, the date of signing the MOA & AOA will be the date of affixing the DSC.
Under this process, even if you have applied the name in form INC – 1, still can incorporate a company through e-form SPICe INC-32.
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