Sunday, 21 June 2020

incorporation of non profit company / section 8 company

The technique for incorporating a Sec. eight agency is nearly identical as any different company. Here we are going to talk about the methods steps wise.

Step-1 : Any character or affiliation of people desirous of incorporating a corporation with confined legal responsibility beneath Section eight except the addition to its identify of the phrase 'Limited' or 'Private Limited', shall reserve a special identify by using the usage of RUN utility on www.mca.gov.in and such title will be reserved now not extra than for a duration of 20 days (in case of new registration).

Step-2 : After reserving a identify the business enterprise shall file the following Forms inside the subsequent 20 days :-

INC-32 - Simplified Proforma for Incorporating Companies electronically. (Allotment of Director Identification Number of most of three proposed administrators shall be accepted in Form INC-32.)

INC-13 - Memorandum of Association.

INC-34 - Articles of Association.

INC-8   - Declaration by way of Professionals (advocate, CA/CS/CMA in practice) shall be connected 
that all the norms and provisions has been complied with.

INC-9   - Declaration by means of every of the subscribers to the memorandum and every of the first director named in the articles.

DIR-12 - Particulars of First Director of the organization and his pastime in different companies or our bodies company alongside with his consent to the act as director of the organization shall be filed.

INC-35 - Application for GST Identification Number, ESI Corporation registration Plus EPF Organisation registration.

Step-3 : The Certificate of Incorporation shall be issued by way of the Registrar of Company in structure no. INC-11 and the Certificate of Incorporation shall point out :-
(a) PAN of the company, issued through the Income tax Department.
(b) Corporate Identification Number dispensed through Registrar, which shall be a distinct identification for the company.


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