Features

  • Objective should be the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other objectives
  • Profits (if any) should be used for above objectives & no dividend is payable to its members
  • Managed by Board of Directors with respect to MOA & AOA
  • Will be controlled by Shareholders and can be easily transferable
  • Minimum 2 directors & atleast one director should be Indian Resident
  • No Minimum Capital Required

Benefits

The Section 8 Company can claim the Income Tax Exemption under the Section 12AA & 80G.

Required Documents

  • Require Documents Address & ID proof of all Directors,
    1. o Mandatory – PAN Card
    2. ID Proof – Voters Identity Card / Driving License / Passport / Aadhar Card
    3. Address Proof – Bank Statement / Electricity Bill / Telephone Bill / Mobile Bill
  • Address Proof of registered office – Address proof of proposed registered office for registration of company.

Process

  • Initial level discussion between the Promoters and FirstMan Team.
  • Ascertaining documents required and availability.
  • Preparation and signing of documents.
  • Getting DSC [DIGITAL SIGNATURE CERTIFICATE] for all Directors.
  • Getting DIN [DIRECTOR IDENTIFICATION NUMBER] for all Directors.
  • Preparing MOA and AOA.
  • Incorporation of the company.
  • Company PAN & TAN.

Time for Registration

It takes around 7 to 10 days to complete the company registration process subject to MCA approvals.

2000+

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