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?
Main requirements for incorporating a Non-profit Company:
Documents required for registration:
Procedure to register a Non-profit Company:
Service Delivery Process followed by White Code Legal:
Service Inclusions
Service Exclusions
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.