A non-governmental organization (NGO) usually termed as non-profit Organisation usually deliver resources or serve some social or political purpose. NGOs or Non-profit Organisation are primarily concerned with promoting a cause and engaged in a wide range of activities. Non-profit Organisation or charitable institution in India can be registered as a Section 8 Company.
According to The Companies Act,2013 Section 8 Company can be incorporated to promote Art, Science, and Commerce, education, Sports, Social Welfare, Research, Charity, Religion, Environment and similar objects. These companies are not seen doing activities of manufacturing, but are mere service providers, they solely works for the betterment of the general public.
Section 8 Company can claim exemption of the Income, after getting itself registered under section 12-A of Income Tax Act
Section 8 Company registered with the Registrar of company enjoys all the privileges of a Limited liability company. Moreover, it also gets many exemptions under company law in comparison to private/public limited companies.
After Incorporation of Section 8 Company and getting itself registered under 80-G of Income Tax Act, the donors of that company can claim deduction of any donation made to the company.
Name of the Section 8 Company gets protected once it get itself registered with the Registrar of companies.
We ensure that all the information provided, during the order process meets the requirements for registering a Company. We will contact you before preparation of incorporation documents, if required.
A preliminary name check to see whether the business name you have selected is available with Registrar of Companies/Registrar of Trademarks.
We prepare incorporation documents and send them to you for confirmation and signing. Upon receiving the signed documents, we will prepare necessary application form of Incorporation and file it with Registrar of Companies.
The Registrar of Companies approves the Incorporation forms/documents and issue Certificate of Incorporation.
After receiving certificate of incorporation, you are ready to start your business. We will apply for Pan Number of the Company. We will further, advise you about other necessary license & permits which may be applicable for your business.
Section 8 Company
Obtain help of Professionals & Subject matter experts at CFO Affairs to understand the intricacies involved in the registration. We are more than happy to educate you and make your entity registration a hassle free process.
Because that will enable each of us to do what we are good at!
We’ve worked with CFO Affairs from the very early stages of our business, through to established startup, and then scale up. They have been a one stop solution to our start up needs, understanding our core activities, suggesting us the most appropriate entity, advising us on the mandatory registrations & permissions to be obtained. Their work has been invaluable to us and I would unreservedly recommend them!
As a startup company we were incurring costs in the set up of our business. CFO Affairs helped us with an interesting expense budgeting & business plan along with setting up of the entire work flow, invoicing, accounting and compliance system in place. The execution by their team was the best! We were relieved of so much work load and responsibilities! I personally recommend CFO Affairs to one & all! We will stay associated with you guys!
This is good news for me that the company is now incorporated. I would like to thank CFO Affairs and all its staff members involved in the incorporation process. CFO Affairs has been very punctual and thorough in all the documentation process. I am sure, it would have taken a lot more time for me to manage this stuff by myself, thanks to CFO Affairs, they managed it all for me.
The expertise at CFO Affairs is really broad and at the same time they have great specialists amongst them, giving access to advice that is current and in line with changing trends and norms. They have been awesome when it comes to delivering on time, proactively providing expert support to so many facets of our early strategies and management & an insightful and attentive partner. Kudos to the team! Keep the good work going.