Section 8 company (NGO)
At Samrat Consultancy, we believe in the power of non-profit organizations to create positive change in society. Our specialized Section 8 (NGO) Services are designed to help you navigate the complexities of establishing and managing a successful non-profit organization under the Companies Act, 2013.
What is a Section 8 Company?
A Section 8 Company is a non-profit entity registered under the Companies Act, aimed at promoting charitable activities. This structure allows organizations to operate with the primary goal of advancing societal interests rather than making profits.
- Why Choose a Section 8 Company?
- Our Comprehensive Section 8 (NGO) Services
- Enhanced Credibility: Gain the trust of stakeholders and donors by operating as a legally recognized non-profit.
- Tax Benefits: Enjoy various tax exemptions and benefits under the Income Tax Act, encouraging more generous donations.
- Limited Liability Protection: Safeguard personal assets while running your non-profit
- Tax Exemptions: A Section 8 Company can avail of various tax exemptions under the Income Tax Act.
- Legal Recognition: It provides a distinct legal entity, enabling the organization to contract in its own name and enjoy a separate corporate existence.
- Credibility: Section 8 Companies are viewed as more credible than other types of NGOs, such as trusts or societies, due to the stringent registration process.
- No Minimum Capital Requirement: There is no minimum capital requirement for forming a Section 8 Company.
Tailored Solutions for Your Non-Profit Journey
Registration of Section 8 Company
Overview: We provide step-by-step guidance to ensure smooth registration.
Benefits: Legal recognition to operate as a non-profit, enhancing your organization’s legitimacy.Drafting Memorandum and Articles of Association
Overview: Expert assistance in creating essential legal documents.
Benefits: Clearly defined objectives and governance structure for efficient operations.Compliance Management
Overview: Ongoing support for regulatory compliance and annual filings.
Benefits: Avoid penalties and maintain good standing in the eyes of regulators.Fundraising and Grant Application Support
Overview: Identify funding opportunities and assist in preparing applications.
Benefits: Secure financial resources necessary for your initiatives.Consultation on NGO Governance
Overview: Professional advice on best practices in NGO management.
Benefits: Improve transparency, accountability, and effectiveness in operations.
Benefits of Section 8 Company Registration
Registering as a Section 8 Company offers several benefits, both legal and operational:
- Separate Legal Entity: The company has its own legal status, separate from its members or founders.
- Limited Liability: Members or directors of the Section 8 Company have limited liability.
- Perpetual Existence: The company continues to exist even if its directors or members change.
- Increased Donor Trust: As Section 8 Companies are more structured and transparent, they often enjoy increased trust from donors and the general public.
- Access to Government Schemes: Section 8 Companies are eligible for various government schemes and grants aimed at supporting social causes.
Documents Required for Section 8 Registration
Essential Paperwork for a Seamless Process
To initiate the registration process, please prepare the following documents:
1. Identity Proof: Government-issued IDs of proposed directors and members (e.g., Aadhar, passport).
2. Address Proof: Utility bills or property documents for the registered office.
3. Memorandum of Association (MoA): Draft outlining the objectives of the NGO.
4. Articles of Association (AoA): Draft detailing internal governance rules.
5. Declaration by Directors: Confirmation of intent to form a Section 8 Company.
6. Estimated Annual Income and Expenditure: Financial overview for the first three years.
7. NOC from Property Owner: No Objection Certificate for the registered office premises.
Why Partner with Samrat Consultancy?
Your Trusted Ally in Non-Profit Development
- Expert Team: Our professionals possess extensive experience in NGO setup and compliance, ensuring you receive top-notch guidance.
- Tailored Services: We customize our approach to meet the unique needs of your organization, ensuring maximum impact.
- End-to-End Support: From registration to ongoing compliance, we are with you every step of the way.
Ready to Make a Difference?
Let’s Start Your Non-Profit Journey Together!
Contact us today to discuss how our Section 8 (NGO) Services can help you establish a successful non-profit organization.
- Phone: +91 – 9682231047
- Email: samratgroupjnp@gmail.com
- Office Address: Aflepur, Malhani Bazar, Jaunpur, Uttar Pradesh