Business Registrations & Approvals

Fee Structure

Total : 5000/- INR

Non- Profit Company Registration

A company can be defined as a natural legal entity that is formed by an association or a group of people who work together towards achieving a common objective. It can be in the form a commercial enterprise or an industrial enterprise. It has some of important features such as separate legal entity, perpetual succession, limited liability and a common seal. However, for the purposes of taxation, registration and ascertaining the liability of the company, it has been further divided into other types.

A Non-Profit Company, also called as a Section 8 Company is established mainly for promoting commerce, art, science, religion, charity or any other useful object. The term Non-Profit does not imply that the Company cannot generate profits or income, it only means that the profits or any other income derived from it is applied for promoting the objects of the Company and is not used for paying dividend to its members. A non-profit organisation can be registered as a Society, Trust and Section 8 Company. Usually, Trusts and Societies are governed by State laws and are not controlled by Central laws. It takes around 30-40 days to incorporate a Section 8 Company.

What are the advantages of registering the company as Non-profit Company?

  • Tax benefits
  • Separate legal entity
  • Perpetual Succession
  • The Compliances are lesser
  • Limited Liability

Main requirements for incorporating a Non-profit Company:

  1. Minimum two Shareholders
  2. Minimum two Directors
  3. At least one of the Director should be resident in India
  4. These companies must use terms such as Foundation, Forum, Association, Federation, Confederation and Council at the end of their name.

Documents required for registration:

  1. PAN card of all the directors
  2. Photograph of all the directors
  3. Address proof of the company
  4. Obtain a DSC (Digital Signature Certificate) and DIN (director identification number)

Procedure to register a Non-profit Company:

  1. Reserve the company name by filing an application
  2. Drafting of Memorandum of Association (MOA) according to the format provided in INC-13 and Articles of Association (AOA)
  3. An application for license filed in form INC- 12
  4. Preparing the documents required for registration
  5. Fill SPICE form 32
  6. Filing e-MOA, e-AOA under INC-33 and INC-34
  7. Receiving the Company incorporation certificate

Service Delivery Process followed by White Code Legal:

  1. The Client has to register themselves on our website.
  2. Once the Client is registered, we raise a Service Request.
  3. The Client receives a proforma invoice with an option to confirm and pay now or pay later
  4. Once the Client confirms, our dedicated relationship manager liaisons with our experts and clients shares a list of client information required to deliver the service.
  5. Once we receive the information, we take the required steps to deliver the service and the service request is closed.

Service Inclusions

  • Professional Fees

Service Exclusions

  • GST, Government Fee and other Additional Taxes

Why White Code Legal?

At White Code Legal we prioritize and always strive to deliver client satisfaction. Keeping focus on maintaining affordable prices and delivering excellence we aim to make worth of every penny our clients spend with us, and build a lasting relationship with our them.