Section 8 Company Registration – Start-up with Filingindia, Registration is necessary or vital for a kind and helpful, cooperative reason. This appearance of business and commerce registration is not for achievement, accomplishment or get hold of and attain the profit. For this reason and cause it is a non-profit commerce and industrial registration which can be quite or comparatively easy with Filingindia.
Documents required for Section 8 Company Registration / NGO Registration
Documents to include a section 8 company
•Proof of identity of all directors – A copy of PAN card (mandatory).
•Address Proof – Copy of Aadhaar / Driving License / Passport / Telephone Bill / Electricity Bill.
•Passport size photograph of all directors.
•Rent agreement in the event of the company’s registered office being hired.
•Registered office utility bill.
•Form DIR-2 which is consent to act as a director.
•Director’s interest in other institutions.
Section 8 The Company has to comply with annual compliance like other companies, in case of non-compliance; the company will be treated as a passive company and can be removed from the register.
Section 8 Procedure for incorporation of company registration
The following steps need to be taken to include a section 8 company here
First, get hold of the Digital Signature Certificate (DSC) of all directors and promoters of the company, if they do not have the same. An application for obtaining DSC is made to the certified authority.
Secondly, obtain a Director’s Identification Numbers (DIN) for all directors in a company.
For name endorsement, or authorization an application will be filed in Form INC-1 to the Registrar of Companies. A maximum of six names can be making available by the applicant for name authorization or approval. Accepted name is valid for 60 days. Section 8 it is essential for a company to include and involve words such as Foundation, establishment, Association, Forum, Council, Chamber etc. as per incorporation rules 2014 of the company.
Draft MOA and AOA
After the name approval, the next step is to draft the MOA and AOA and then it is required to file it in ROC in Form 12 along with other documents for license under Section 8 of the Companies Act 8, 2013. The MOA and AOA must be signed by the members of the memorandum.
Application for license
Form INC 12 has been filed with the ROC for issuing a license to a Section 8 company under the Companies Act, 2013.
•13 Inc. (Memorandum of Association).
•article of association.
•INC 15 (Announcement by MOA’s customers).
•Statement of income and expenditure.
•List of directors of the company.
•The subscriber page of MOA & AOA should be handwritten by subscribers and witnesses.
•After approval of the form, the license is issued in Form INC 16.
The incorporation application form is filed in INC 7 with the attachment:
•Memorandum of Association.
•Article of association.
•Declaration by professional as INC INC 8.
•In Affidavit INC 9 by each customer of the memorandum.
•Address proof of customers.
•Identity proof of customers.
•Sample signature in Form Inc.10.
•NOC if there is any change in the name of the promoters after the name approval.
•Board resolution authorized for membership of MOA.
•Any other attachments, if any.
Form INC 22 is to be filed for the status of the company’s registered office with the following attachments:
•Rent agreement / lease deed.
•No electricity bill more than 2 months old.
•NOC on the promoter’s letterhead to use the compound.
Appointment of Directors
For the purpose of appointment of directors it is necessary to file DIR 12 with the following attachment:
Notify consent dir 2 to act as director.
Certificate of Incorporation
After pleasing and agreeable the forms filed with the ROC, the registrar will issue a certificate of incorporation with a unique company identification number.
If the company fails to comply with the provisions of this section, the company shall be punishable with a fine which shall not be less than one million rupees, but which may be increased to one crore rupees and in default the directors and officers. Will be punishable Imprisonment for a term which may carry a sentence of three years or fine which shall not be less than twenty five thousand rupees and which may be increased to twenty five lakh rupees or both.