NGO Section-8 company is usually the route taken by the companies to form an NGO. The NGO could be registered as a Trust or Society. The NGO as such is governed by the companies Act 2013, which is an act for registering as limited companies.

Under section 8 of the company’s act, a section-8, the company can be registered for promoting commerce, art, sports, science, education, research, social-welfare, religion, charity, environment etc.

The section-8 should be using the profits made by itself for the promotion of its cause and should not pay the dividend to its members.

How to start a Section-8 company

• 1. Check the availability of a suitable name and apply for registration
• 2. Obtain digital signatures of its directors or working committee
• 3. Prepare Memorandum of Association
• 4. On getting the name approval, fill Spice 32 Form
• 5. Consent and declare first directors
• 6. Self-declaration done by the members
• 7. Provide Pan cards of the members
• 8. Provide Aadhar cards of the members
• 9. Provide address proof

The Benefits of NGO

• ● NGO fulfills a cause the fulfillment of which is needed by the society
• ● Helps its stakeholders to lead better and fulfilling lives
• ● In case of promotion of education and research, helps the society gather knowledge
• ● For the environment, makes it better for the living conditions