Section 8 Company Registration Fees -LegalPillers

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Section 8 Company Registration Fees
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Section 8 company
As per the Companies Act, 2013, section 8 company
is a Non- Governmental Organization (NGO) that
has been registered with an objective of
promoting fine arts, science, literature, or
knowledge that can be share purposely or for
charity.
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Section 8 Company Registration process

• Incorporation of section 8 company is very
  important. The process of section 8 company
  registration includes the following steps given
  below
• Step 1- Prepare DSC, DIN Name approval First
  step is to prepare DSC (Digital Signature
  Certificate), DIN application for the approval
  of name.
• Step 2- Apply for License Next step is to apply
  for the license.
• Step 3- File for Incorporation At last step, we
  have to file for incorporation.

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Benefits of Section 8 Company Registration Online

• Legal recognition
• Tax exemption
• Foreign funding
• Better governance
• Eligibility for grants
• Pursuit of social objectives

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Different types of NGOs in India

• Trust Registration Trust under NGO Registration
  procedure, generally work with eliminating
  poverty, giving education, and providing medical
  relief.
• Societies Registration Member- based
  organizations work for charitable goals.
• Section 8 Registration NGO registration
  registered with MCA (Ministry of Corporate
  Affairs)
• Cooperative Society Voluntary association of
  individuals with members having equal voting
  rights.
• RWA Registration RWA is a local community
  organization focused on addressing the local
  issues.
• Samiti Registration Forming a group for a
  specific purpose including cultural, educational,
  or social activities.
• Trade Unions Associations Organizations formed
  by workers and professionals to represent
  protect their rights.
• Religious NGOs Work on faith- based mission
  including religious, cultural social
  activities.
• Micro Finance NGO NGOs providing small loans,
  financial services, and support to low-income
  individuals small entrepreneurs.

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Section 8 company registration fees

• Now a days, there are many fraudsters spread in
  the market who commit to charge a very less
  section 8 company registration fees as Rs.
  1000/-, Rs. 2000/-, etc. But you dont need to
  get confused as they all are frauds. Registration
  fees for the Section 8 company Incorporation
  cannot be so less as there are too much paper
  works for section 8 company registration online.
• The minimum fees of Section 8 company
  registration will be around Rs. 10,000/- which
  include the stamp duty (government fees),
  professional fees and can vary for some states
  like Madhya Pradesh, Kerala, and Punjab. So,
  section 8 company registration fees for these
  states can be more.

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Cost bifurcation for Section 8 company
registration process as -

• DSC i.e. Digital Signature Certificate with the
  fees of around Rs. 2000 Rs. 3,000.
• Approval of name with fees of about Rs. 1,000
• MOA AOA and Incorporation fees
• Stamp duty (government fees) of around Rs. 1500-
  Rs. 2000
• Professional fees

However, section 8 microfinance company
registration fees is around Rs. 50,000/- which is
much more than the fees of sec 8 company
registration.
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Conclusion
Be aware of scams. Dont become the prey of
fraudsters in excitement of incorporation of
section 8 company with low section 8 company
registration fees. Choose LegalPillers, your
trusted partner for section 8 company
incorporation. We provide you the best service at
reasonable rates.
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