Section 8 Company Registration in India: How to Calculate Fees and Avoid Common Mistakes

 If you're looking to establish a non-profit organization in India, registering as a section 8 company registration fees is a popular option. However, it's important to have a clear understanding of the fees involved in the registration process to avoid any surprises. In this blog, we'll guide you through how to calculate the fees for Section 8 company registration in India and how to avoid common mistakes.

What is a Section 8 Company?

  1. Name Reservation Fees: You can apply for name reservation by filing Form SPICe+ with the Registrar of Companies (RoC) along with the prescribed fee of Rs. 1,000.

  2. Memorandum of Association (MoA) and Articles of Association (AoA) Fees: The stamp duty for MoA and AoA varies from state to state and can range from Rs. 500 to Rs. 10,000.

  3. Incorporation Fees: The fees for incorporation of a Section 8 company with the RoC is Rs. 5,000.

Common Mistakes to Avoid During Section 8 Company Registration

  1. Not Obtaining DSC and DIN: Obtaining a DSC and DIN for the proposed directors is the first step in the Section 8 company registration process. Failing to obtain these can lead to delays and additional fees.

  2. Choosing an Inappropriate Name: The name of the Section 8 company must comply with the guidelines of the Companies Act, 2013. Choosing an inappropriate name can lead to rejection of the name reservation application and additional fees.

  3. Incorrectly Drafting MoA and AoA: The MoA and AoA must be drafted in compliance with the provisions of the Companies Act, 2013. Incorrectly drafting these documents can lead to rejection of the incorporation application and additional fees.

  4. Incomplete or Inaccurate Forms: Filing incomplete or inaccurate forms can lead to rejection of the Section 8 company registration application and additional fees.

    5. Conclusion

    By understanding the fees and procedures involved in Section 8 company registration in India and avoiding common mistakes, you can ensure a hassle-free registration experience. It's important to choose a reliable and experienced service provider to ensure that your Section 8 company registration process goes smoothly. By planning your budget and working with a trusted service provider, you can establish your Section 8 company and promote your objectives in India.

A Section 8 company is a non-profit organization that is incorporated under the Companies Act, 2013. This type of company is established with the objective of promoting arts, science, commerce, education, research, social welfare, sports, religion, charity, or any other useful purpose. A Section 8 company is not permitted to distribute profits among its members and must use any surplus for the promotion of its objectives.

Calculating Fees for Section 8 Company Registration

The fees involved in Section 8 company registration in India include the following:

  1. Digital Signature Certificate (DSC) and Director Identification Number (DIN) Fees: The first step in the Section 8 company registration process is to obtain DSC and DIN for the proposed directors. The fees for DSC and DIN vary from Rs. 500 to Rs. 2,000, depending on the service provider.

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