Section 8 Company Registration in Chennai | Section 25 Company
Smartcorp is a top-notch consultant offering Section 8 Company Registration in Chennai and now extending services to Ambattur, Velacherry, Adayar, Guidy, Mylapore, Saidapet, and Porur. We're officially registered and strictly comply with the latest Indian Government regulations. Our goal is to provide exceptional services to meet every business need. Smartcorp is a trusted consultant in Chennai, boasting expert professionals and a commitment to excellence.
A Section 25 company is a non-profit organization focused on promoting arts, science, the environment, and social welfare. Its primary aim is to ensure development and equal participation among people. Company registrations under Sections 8 and 25 are dedicated to educating and inspiring individuals about their rights. These companies have a solid structure, dedicated to doing well for the public. Section 8 company registration falls under the Companies Act of 2013. It's widely accepted among NGOs due to its transparency and governance structure, making it a preferred choice for many.
Documents required for Section 8 Company registration
Required documents for online Section 8 company registration in Chennai:
- Promoters' PAN card photocopies
- Identity proof (Aadhar card or voter ID)
- Address proof (Telephone bill, bank statement)
- Directors' digital signature certificate
- Form 24A
- Statement of assets and liabilities
- Articles of association
- Memorandum of association is necessary for Section 8 company registration in Chennai.
- Director details
Benefits of Section 8 Company registration
Benefits of Section 8 Company registration in Chennai are listed below:
- Donors can claim tax deductions.
- Share capital not mandatory for formation.
- Easy transfer of shares.
- No stamp duty on formation.
- Acts as a separate legal entity.
- Exempted from section 147 naming requirements.
- CARO exemption for Section 25 companies.
- Offers perpetual existence and flexibility.