Section 8(sec25) Company Registration in Tirupur
Register your Non-Profit Organization (NPO) as a Section 8 Company in Tirupur. These entities focus on charitable causes such as arts, education, welfare, and more without pursuing profits. Operating akin to limited companies, Section 8 entities are distinct—any earnings must support charitable causes exclusively and cannot be distributed as bonuses to company members.
Features of section 8 company registration
- These organizations must be registered as limited companies but without using terms like 'Limited' or 'Private Limited.'
- They enjoy the same benefits and responsibilities as limited companies but are exclusively focused on utilizing profits and income for furthering their stated objectives.
Section 8 companies cover two primary sectors:
NGOs and microfinance entities.
Procedure for section 8 company registration
- Get Digital Signatures Apply for Director Identification Number (DIN)
- Check for available names for your proposed company
- The company's Memorandum of Association can be submitted in Form no. INC.13.
- For new companies focusing on charitable objectives, apply for the license using Form INC 12
Documents Required
- Company's PAN Card
- Director Identification Number (DIN)
- Digital Signature Certificate (DSC) documents
- Memorandum of Association (MoA)
- Articles of Association (AoA)