Requirements for section 8 company registration

1. Minimum of 2 Shareholder and 2 Director are required for a Pvt. Ltd. Company as a Section 8 Company, where
   director and shareholder can be same Or Minimum 7 shareholders & 3 directors are required for Public limited
   Section 8 company registration.
2. Maximum limit on number of shareholder prescribed in Section 8 Pvt. Ltd Company is 200.
3. Maximum number of Director in a private limited section 8 structure can be raised to 15 without any special
   resolution.
4. Name for Section 8 Company is opted without any suffix unlike a private limited or public limited company.

Benefits of section 8 company registration

1. Section 8 Company Registration is comparatively more trustworthy than any other form of Non- profit organization
   like Trust or Society.
2. It is easy to secure donations in a Section 8 Company and pass the tax benefits to donors by providing them 80G form.
3. A Section 8 Company is easy to convert in a Public Limited company or Private limited company at any stage subject
   to fulfillment of eligibility criteria.
4. There exists no Bar on Turnover and Capital in a Section 8 Company structure unlike in One Person Company (OPC).

Procedure in online section 8 company registration

• DSC OF DIRECTOR
• DIN OF DIRECTOR
• Filing of Name Approval Form
• Approval of license from Central Government
• Filing MOA/AOA Registration and various declarations etc
• Wait for approval from ROC