How do I get a virtual office for Section 8 companies

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Dear Friends,
In India, the section 8 companies are regulated by the Indian Companies Act, 2013 and the rules & regulations that are made there-under and it is managed by the (MCA ) Ministry of Corporate Affairs, Government of India via the Offices of Registrar of Companies (‘RoC’) in each state of India. The Company Incorporation rules, the requirements, process, and the procedures differ depending specifically on the type of the company that is to be incorporated.
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Section 8 Company 
Section 8 company is a Company that is licensed under Section 8 of the Companies Act, 2013 (the Act), formerly known as the Section 25 Company under the Companies Act, 1956, its main objective was to promote research, social welfare, religion, charity, commerce, art, science, sports, education, and the protection of the environment or any other related subject, provided that the profits or income is applied for promoting the objects of the company and no dividend is paid to the companies members.
Therefore, section 8 company is a company which is registered for the sole purpose of charitable or nonprofit purposes. This Company is, however, similar to a Trust or Society; an exception is that a Section 8 Company is registered under the Central Government’s (MCA) “Ministry of Corporate Affairs ”whereas the Societies and Trusts are registered under the State Government regulations. This, however, has various benefits as compared to Trust or Society and it also has higher credibility among-st the donors, Government departments, and other stakeholders. Further, the key feature of this Company is that the name of the Company can be incorporated without using the word “Limited” or “Private Limited”.
The minimum requirements that are necessary for such a company are
  1. There must be a minimum of 02 shareholders;
  2. There must be a minimum of 02 Directors (Directors and shareholders can be the same person);
  3. At least 01 of the Director shall be the resident in India.
  4. There is No requirement of Minimum capital.
  5. The Income-tax PAN is a mandatory requirement in case of the Indian nationals.
  6. Anyone of the Identity Proof be it Voter ID/Aadhar Card/Driving License/Passport is required; Passport is, however, a mandatory requirement for the proof of identity in case of the foreign nationals.
  7. Anyone of the Proofs of Residence (Electricity Bill/Telephone Bill/Mobile Bill/Bank Statement).
  8. The Registered Office address proof (that is the rent agreement along with latest rent receipt and a copy of the latest utility bill in the name of the landlord and a no-objection certificate from the owner of the premises, in case the premises are rented).
  9. In case the premises are owned by either the Director and the Promoters, any of the documents establishing the ownership such as Sale Deed or House Tax receipt etc along with the NOC.
The Procedure for Section 8 Company Registration.
  1. The businessman is firstly required to obtain the documents that are required and to arrange them. The documents that are required are:
Identity Proof: the Copy of the Permanent Account Number PAN of all the Directors/Promoters which is mandatory
  1. Address Proof: A Copy of a valid Passport/Driving Licence/Aadhar/Telephone Bill/Electricity Bill which is not older than 2 months
  2. A Latest passport size photographs of all the Directors/Promoters
  3. A Rent Agreement or a Leave & Licence Agreement, if the registered office premise is taken on rent.
  4. Virtual Office for Business Registration-Register your business anywhere in India without a physical office address with a Virtual Office Address. You will be provided with complete documentation, prime location address, and all in-office services. Virtual Office address can be used for registering your business with MCA (Ministry of Corporate affairs) or local bodies.
  5. The Utility Bills of the proposed registered office
  6. The Consent to act as a Director in Form DIR-2
  7. The Directors Directorship details in other Companies/LLPs, if any.
  8. The second step is to apply for the DSC which is required for filling the forms electronically to the Ministry of Corporate affairs which can be obtained from certified agencies.
  9. The businessman is then required to Obtain the Digital Signature Certificate DSC for the proposed Directors not having the Directors Identification Number (DIN). Obtaining the DIN from the Ministry of Corporate Affairs by filing Form DIR-3, if the businessman does not have DIN.
  10. the most important step is to apply for the name of the company which is a crucial step in company registration.
  11. The next step is to draft the Memorandum of Association and Articles of Association of the proposed company in Form INC – 13.
  12. The next step is to obtain the license under section 8 of new companies with a charitable objective. The person who is desirous to incorporate a company under section 8 is required to file an application in form INC 12 along with the prescribed fees to register for a license.
  13. Certificate of incorporation – If after the filing of the requisite forms that is INC 7, INC 22 and DIR 12 for the incorporation with the registrar of the companies along with the prescribed fees, ROC gets satisfied with the contents of the documents that are filed. Thus after that, the company will issue the Certificate of Incorporation in Form INC 16.
The privileges and the benefits under the Company Law to Section 8 Companies
  1. Forming of SECTION 8 COMPANY is an easy process
  2. The Minimum paid-up capital is not required
  3. It is exempted from Stamp duty registration
  4. Any of the registered partnership firms can be a member in its individual capacity
  5. The Tax deductions benefits u/s 12AA and u/s 80G of Income Tax Act to the donors of the company
  6. It has greater flexibility.
  7. It generally takes around 30 to 45 working days to register a Section 8 company. This duration can be less, in case the Regional Director approves the application earlier.
Nonprofit organizations are always been seen as a special purpose vehicle (SPV) which act as instruments and are considered to be the driving force in helping out the government is doing the things which they always want to do, for the betterment of society, but could not do so due to of various factors. NPO is the direct connection between the society and their well-being and it provides a platform where one can join hands to work for the society and the community, and ultimately in order to make India a better place. India being a diversified country lacks behind in many of the areas like employment generation, food, and safety, education, health care, etc. The fact that most of these issues are not addressed by the government policy due to many factors has created a demand and space for the organizations ‘that aim to address those’ and thus the idea of the non-profit organization is in the picture.
Get a Virtual Office for Section 8 Company at Cheap Prices
Virtual Office can be used in Business/GST Registration as mentioned below
  • Virtual Office for Business Registration-Register your business anywhere in India without a physical office address with a Virtual Office Address. You will be provided with complete documentation, prime location address, and all in-office services. Virtual Office address can be used for registering your business with MCA (Ministry of Corporate affairs) or local bodies.
    Note: Very useful for any company to get their Business registration done, anywhere in India, at a very low cost.
  • Virtual Office Address for GST Registration-Register for a GST number anywhere in India with the help of Virtual office. With a virtual office address, you will be able to register for GST for that location. Moreover, you will be provided with all the necessary documentation like NOC, Agreement, Signage, Electricity Bill.
    Note: Very useful for companies, when they do not need a physical office, but only want Virtual office address in any state of India, for GST registration.
  • Virtual Office for Mailing Address-If you need a Prime Office Address for the purpose of courier handling then virtual office in the solution for you. With the help of virtual office, you can get an address for mailing purpose at prime business centers anywhere in India.
The cost of a Virtual Office Address starts at Rs. 1000/ PM.
For more detailed information contact us 24/7 —+91 8882702020

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