Top

Section 8 Company

A Section 8 company in India is a non-profit entity formed under the Companies Act, 2013 to promote activities like charity, education, art, science, or sports. Instead of distributing profits to members, it reinvests all earnings back into its objectives.

Commonly referred to as an NGO or foundation, it operates with approval from the central government and is permitted to omit “Limited” or “Private Limited” from its name.

Key Features & Requirements

  • Directors & Shareholders: At least two directors and two shareholders are required (they can be the same individuals), and one of the directors must be a resident of India.
  • Licensing: Requires a license from the Central Government to operate.
  • Documentation: It involves submitting the Memorandum of Association (MoA) and Articles of Association (AoA) to the Registrar of Companies (RoC) as part of the registration process.

Document Requirements

  • PAN Card mandatorily required for all Indian partners.
  • Aadhaar Card, Passport, Voter ID, or Driver's License as address proof.
  • Bank statement, electricity bill, or phone bill (not older than 2 months) as residence proof.
  • Passport-sized photographs of all members.
  • Digital Signature Certificate (DSC).
  • Memorandum of Association (MoA) and Articles of Association (AoA).
  • Consent Forms.

AccountingEra has completely streamlined our accounting and compliance processes. Their team is proactive, detail-oriented, and always available to guide us through complex regulations. We now operate with greater financial clarity and confidence. Highly recommended for growing businesses.

Amit Kumar
Business Owner

Working with AccountingEra has been a game-changer for our business. From GST filings to financial advisory, everything is handled with precision and transparency. Their practical approach and timely execution give us complete peace of mind.

Dinesh Kumar
Partner - Tech Company

AccountingEra is more than just a consulting firm — they are a strategic partner in our growth journey. Their financial insights and compliance support have helped us make better decisions and stay ahead of regulatory requirements.

Deepak K
Product Manager

Don't hesitate to contact us any time.