Section 8
A Section 8 Company identifies as a Non-Profit organization (NPO). The objective of such a company is to promote trade, arts, commerce, social welfare, charity etc. To start a Section 8 company, a minimum of two directors is required, although, there is no requirement of a minimum paid-up capital. In India, a non-profit organization can be registered under the Registrar of societies.
Documents required-
- Pan card and Aadhar card of all directors.
- Electricity bill /rent agreement for address proof.
- Bank statement of all directors.
- DSC and DIN for all the directors.
- Passport size photos of all the directors.
- Phone numbers and mail id of all directors.