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A Section 8 Company is similar to a Trust or Society; except, a section 8 Company is registered under the
Central Government's Ministry of Corporate Affairs. Trusts and Societies are registered under State Government
regulations.
A section 8 company has various advantages when compared to Trust or Society like improved recognition
and better legal standing. Section 8 company also has higher credibility amongst donors, Government
departments and other stakeholders.
Minimum 2 Directors for Private Limited Co. and 3 Directors for Public Limited Co.
The directors and shareholders can be same person
DSC (Digital Signature Certificate) for two of the Directors
DIN (Director Identification Number) for all the Directors
If you are registering your Section 8 Company as Private Limited, then it is 2 members, but if you are
registering it as Public Limited, then you should have 7 members.
BizIndiGo.com will complete the entire registration within 15-20 working days subject to ROC processing
time.
Yes, only object with non-profit motive can able to register themselves for Section 8 Company.
There is no apparent bar on the foreigners becoming members of the company under Companies Act,
1956. However company with foreigners on board cannot avail FCRA benefits so if the company wish to
enjoy FCRA benefits the foreigners on board should not be allowed.
Note: Registered office need not be a commercial space; it can be your residence, too.
For more details visit https://www.bizindigo.com/ or mail us at: connect@bizindigo.com or call us at; +91 95408
11400