K K Baranwal & Associates operates as a Section 8 company under the Companies Act 2013, driven by a commitment to advance non-profit objectives in areas such as arts, charity, education, religion, environment protection, social welfare, sports, and research. Any profits or incomes generated are dedicated to furthering the company’s objectives, with no distribution as dividends to shareholders.

To establish a Section 8 company, K K Baranwal & Associates follows the registration process stipulated in the Companies Act 2013, obtaining a license from the central government. This license formalizes the association of individuals as a company, allowing the addition of “Private Limited” to the company name, subject to the terms and conditions specified by the government.

K K Baranwal & Associates, as a Private Limited Company Formation, positions itself with maximum control and a robust presence. Notably, it falls under the category of charitable or non-profit organizations. While similar to trusts or societies, K K Baranwal & Associates distinguishes itself by being registered with the Central government, featuring the term “Limited” or “Private Limited” in its name.

Features

  1. For Private Limited Company registration facilitated by K K Baranwal & Associates, a minimum of two directors is a prerequisite.
  2. In the case of Public Limited Company incorporation through K K Baranwal & Associates, a minimum of three directors is mandatory.
  3. K K Baranwal & Associates ensures that a Private Limited Company registered with them can have a maximum of 200 members.
  4. For Public Limited Company registration facilitated by K K Baranwal & Associates, there is no minimum member requirement.
  5. K K Baranwal & Associates emphasizes the flexibility of having no mandatory minimum paid-up capital for the registration process.

Benefits Of Section 8 Company Registration In India

  1. Distinct Identity: K K Baranwal & Associates ensures the establishment of a legal entity with true existence under company law. This legal persona allows the company to own property, incur debts, and operate independently, separating the company from its members. Members bear limited liability for company debts.
  2. Limited Liability: K K Baranwal & Associates emphasizes limited liability for its members, safeguarding them from extensive responsibility for company debts. This feature is pivotal for risk mitigation.
  3. No Capital Requirement: K K Baranwal & Associates facilitates the setup of a Private Limited Company with no minimum capital requirement, providing flexibility in the incorporation process.
  4. Less Stamp Duty: Companies under Section 8, facilitated by K K Baranwal & Associates, benefit from minimal stamp duty requirements, contributing to cost-effective incorporation.
  5. No Suffix Requirement: K K Baranwal & Associates ensures that Section 8 companies may opt not to use suffixes like “private limited,” providing additional flexibility in nomenclature.
  6. Tax Benefits: K K Baranwal & Associates guides Section 8 companies through the process of availing tax benefits under sections 80G and 12AA of the Income Tax Act, fostering financial advantages.

With K K Baranwal & Associates, the journey of Section 8 Company Registration is streamlined, ensuring a host of advantages for its clients.

Process For Incorporation Section 8 Company

  1. Name Reservation: K K Baranwal & Associates initiates the process by applying for the desired name of the proposed company through part-A of the SPICe Plus form for Section 8 company incorporation. In case of name rejection by CRC, K K Baranwal & Associates guides the client to reapply with alternative names after a 15-day waiting period.
  2. Digital Signature Certificate (DSC): K K Baranwal & Associates advises on obtaining Digital Signature Certificates (DSC) for electronic signing on forms by proposed directors. DSC is mandatory for all members and shareholders involved in the incorporation process.
  3. Application Form Submission: Once the name is reserved, K K Baranwal & Associates facilitates the submission of the incorporation form within 20 days, providing online assistance for attaching necessary documents. The form includes comprehensive details about directors, and the draft Memorandum of Association and Articles of Association are submitted.
  4. Certificate Issuance: Upon approval, K K Baranwal & Associates ensures the issuance of the Certificate of Incorporation under Section 8 by the Registrar of Companies (ROC). The company can subsequently seek approval for commencement within 180 days of incorporation approval.

Checklist of documents

  • Copy of PAN card, Passport/ Voter-ID/Driving license of Director(s).

  • Bank Statement of directors(s)/ Electricity bill.

  • Passport size photo of director(s).

  • NOC from owner of registered office and rent agreement or sale deed (if any).

  • Signature specimen of director(s).

K K Baranwal & Associates invites you to streamline the Section 8 Company incorporation process:

  1. Get in Touch: Connect with our team for insights into Section 8 company setup. Our experts provide detailed information, including estimated costs, ensuring transparency before initiation.
  2. Share Documents Hassle-Free: Emphasizing seamless documentation. Share all necessary documents with our team to ensure a smooth and well-organized process, increasing the chances of swift approval.
  3. Efficient Processing and Updates: Our specialized team ensures precision at every step, minimizing time wastage during application filing. Real-time updates keep you informed throughout the process.
  4. Successful Completion: The final step involves the successful completion of your Section 8 company registration. Our team electronically shares all relevant documents, with a commitment to addressing any issues that may arise.

K K Baranwal & Associates offers comprehensive financial advisory and consulting services, catering to startups and providing professional accounting and financial services for diverse companies. As your trusted Online Section 8 Company Registration Service Provider, we are here to address your queries and deliver optimal solutions.