A Section 8 company under the Companies Act, 2013 or a Section 25 Company as per the Companies Act,1956 is an organization registered with an objective of promoting the fine arts, science, literature, or knowledge sharing for a purposeful matter or for charity.

A Section 8 company shall amalgamate only with another Section 8 company and having similar objects. The Central Government has the power of revocation of the license granted to any company under Section 8 of Companies Act, 2013 through an order to that effect.

This means that the company cannot pay any dividends to its members. The company is recognized as section 8 company as it is regulated under section 8 of the companies act, 2013. The company acts similar to a trust or society but is registered with the central government, whereas a trust or society is registered with state government.

A Section 8 Company is the same as the Section 25 Company under the old Companies Act, 1956. As per the new Companies Act of 2013, Section 25 has now become Section 8.

How to Register Section 8 Company with IAS Tax Zone:

You Can Register Section 8 Company Through IAS Tax Zone it is very simple 3 step.

1. Obtain a DSC
2. Apply DIN
3. Application for the Name applicability
4. File Incorporation Form
5. OPC Incorporation Certificate
6. Apply for PAN . TAN , ESIC, EPF etc
7. Open a Bank Account and Start Business

Documents For One Person Company Incorporation (all documents should be clear scan copy with sign by shareholders and Directors ) :

1. Copy of PAN Card of all Promoter and Share Holder
2. Copy of Aadhaar Card / Voter Id / Passport of all Promoter and Share Holder
3. Passport Size Photo Graph of all Promoter and Share Holder
4. Latest Bank Statement / Utility Bill of all Promoter and Share Holder
5. Registered Office address of the Company along with Address proof (Electricity Bill/Telephone bill/gas bill/mobile bill not older than 2 months)
6. Rent Agreement from the Property Owner
7. No Objection Certificate from the Owner

Information Required :

• Occupation of the applicant.
• Area of occupation.
• Educational Qualification.
• E mail ID of the applicant.
• Mobile No. of the applicant
• Place of Birth
• Proposed name of the Company (one or two names in preference order)
• Authorized and paid up share capital
• Main Object of the company
• Police station address where the registered office is to be situated.
• % of shares to be subscribed by Subscribers
• Email ID, Mobile No, Occupation and area of occupation of all Directors.