Trust Regstration / Section 8 Company

Package Inclusions

  • Two DSC & Two DINs

  • Name Reservation

  • Memorandum of Association (MOA)

  • Articles of Association (AOA)

  • Permanent Account Number (PAN)

  • NGO Identification Number

Incorporation Certificate

An NGO is started with the nonprofit objective. One can start an NGO for promoting education, sports, art, commerce, science, Technology, social research, social welfare, religion, charity & for protecting environment etc. An NGO can be registered in form of Trust, Society or Section 8 Company.

Generally, Trust, Society & Section 8 Company have similar features but Section 8 Company is always recommended for the big size projects such as an opening of Colleges, School, Universities, Sports Academy & Research Centre etc. due to which it has higher creditability amongst donors & other stakeholders. Hence, it is more recognized & has better legal standing in India.

A Section 8 Company with the help of G K Legal Solutions can be registered within 15-20 Working days only, subject to client document submission & Government processing time.

 

Benefits of Section 8 Company:

  • Easily Availability of Records:

The type of activities undertaken by Section 8 Company as well as the utilization of finances can be tracked easily as its functioning is very transparent in nature. Hence, Section 8 Company, unlike Trust or Society, once registered its information is easily available in the records of the Ministry of Corporate Affairs (MCA).

  • Highly Recognized:

Section 8 Company’s periodical compliance requirement to be complied with on a timely basis, the organization secures a high level of credibility among the potential donors. This makes the Section 8 Company more recognizable amongst the Donors & other stakeholders etc.

  • Support from Government:

Generally, Government introduces many schemes, grants & subsidies for the NGOs. Hence, there is a high possibility of receiving such grants because of its recognition & transparency.

  • Easily transferrable:

In Section 8 company, by altering the composition of Board of Directors the management can easily be transferred from on Individual to another.

Documents required for Section 8 Company registration:

  • From all Directors & Shareholders:
  • Aadhaar Card
  • PAN Card or Passport
  • Latest Bank Statement / Telephone or Mobile Bill
  • Voter’s ID / Driving License
  • Passport-sized photographs
  • Scanned copy of Signature
  • Scanned copy of Notarized Rental Agreement
  • For Registered Office:
  • Any Utility bills
  • Scanned copy of Rent agreement with NOC from the owner