What is the Eligibility to be Incorporated as a Section 8 company?

Any Non-Profit Organization (NPO) can be incorporated as a Sec 8 company that is being associated with: Education Charity Arts Social Welfare Environmental Protection Religion Research Sports

Can a Section 8 Company be incorporated both as Public & Private Company?

A Section 8 company can be incorporated as a Public or Private Company. As per the Companies Act, 2013, it depends on the numbers of responsible people on the board. Private Company: 2 Directors, 2 members Public Company: 3 Directors, 7 members

To which Ministry of Indian Government a Section 8 Company is Registered

A Section 8 company is registered under the Ministry of Corporate Affairs (MCA) of the Indian Govt. Apart from that, a Sec. 8 company is mandated to follow the norms of the Reserve Bank of India (RBI) in the transaction-related matters.

What are the benefits of registering a Software Company from Online Legal India?

• Customer Support available in 6 different languages including English • Consultations -- Readily available! • Recognized by Govt. of India • Call, E-mail, Chat Support • Recommendable Service at an Unbeatable Price Data Security & Trust

Types of NGO Registration and Its Benefits

Q: What is a Section 8 Company?

A company is referred to as Section 8 Company when it registered as a Non-Profit Organization (NPO) or Non-Governmental organizations (NGOs) i.e. when it has the motive of promoting arts, commerce, education, charity, protection of the environment, sports, science, research, social welfare, religion and intends to use its profits (if any) or other income for under section 8(1a, 1b, 1c) of the Companies Act, 2013.

By Online Legal India Published On 22 Dec 2020 Updated On 06 Jan 2023 Category NGO

The organisation which are independent of government involvement are known as Non- Government Organisation or NGO. However, if you want to know more about the types of NGO and its benefits, then keep on reading.

Laws that government NGO registrations in India

Section 8 Company Registration
Societies Registration Act, 1860
Indian Trusts Act, 1882

Types of NGO Registration and their Benefits

There are three ways through which you can register NGOs in India:

1.Section 8 Company Registration:

The 1^st way to register an NGO by Section 8 Company of the Indian Companies Act, 2013. Such companies are established with the motive of promoting arts, commerce, education, charity, protection of the environment, sports, protect the charity, religion, trade, etc. But, the earnings of this company are not used by the shareholders, rather it is used by the company for promotion work.

Benefits of Section 8 company registration

No minimum capital required to establish NGO as per section 8 company.
Zero Stamp Duty
Exemption to the donors
A registered partnership firm can become a member of its capacity and obtain Directorship.
Section 8 Company does not need to suffix Limited or Private Limited, next to its legal name. It can be registered with names that have words like Association, Society, Council, Club, Charities, Foundation, Academy, Institute, Organisation, and Federation.
Donation & Funding

2.Society registration

The 2^nd way to register is by the Society Registration Act 1860 states that you can register NGO in the form of society. However, to form a society, individuals come together to promote scientific purpose, charitable purpose, educational, health and various other objectives, as mentioned in Section 30 of the Society Registration Act 1860.

Benefits under Society Registration

Each member of the society is responsible for their actions and not the members. However, a registered society gets a separate legal identity.
As society has a separate legal identity, the liability of members is limited to their share only.
Benefits levied on income tax.
Legal protection, nobody can use your name, and in case there is an issue as such, they will be large for a penalty.

3.Trust Registration:

The 3^rd way of registration can be done via the Indian Trusts Act,1882 known as Trust Registration. However, these are public charitable trusts and are usually formed when the matter of land or property is involved. Indeed, usually, the usage of trust is for the relief of poverty, education, medical aid, etc.

Benefits of Trust Registration

Tax benefits
80G certificate benefit
White money for constriction of building
Benefit on Service Tax or Income Tax
Trusts get land from the government
Trust registered under the Trust Act uses Gov. registered name

How can we help you?

Visit the portal of Online Legal India™ for Section 8 Company registration. Our top-notch CA/CS, who will assist you with the NGO registration online from any corner of India. We are economical and give budgeted services for ones who are willing to start up a company/business or any other kind of organization.

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