Section 8 company Registration in Chennai
Apply for Section 25 company registration in Chennai with the guidance of Smart auditor. We offer eminent service at affordable cost and have expand our service wings in the areas like Pallavaram, OMR, Madhavaram, Kilpauk, Gopalapuram, Red hills and Perambur. We follow the updated registration rules and regulations of the Government and we are one of the trustable consultants in Chennai. Smart auditor is an experienced service provider with a group of professional experts.
Section 25 company is a non-profit organisation; this company registration comes under the companies act, 2013. It plays an immense role in the development of society and brings involvement in equal participation. A section 25 company is formed to do good things which will be useful for the public. Currently it is the most accepted form of NGO due to transparency and governance structure available to the company with the compliance and provisions of Companies Act, 2013.
Documents required for Section 8 company registration
- Digital Signature Certificate
- (MOA) Memorandum of Association.
- Articles of Association.
- Passport Size Photographs.
- Aadhar Card, Passport, Voter Id proof of members
- Address proof of the member
Benefits of section 25 company registration
- Section 25 company provides numerous tax exemptions to the Companies, especially to the donors of Section 8 Companies.
- Section 25 companies have no prescribed limit for the minimum capital requirement.
- A section 25 Company registration is exempted for the payment of stamp duty.
- It has high credibility
- In this type company, Prefix or suffix is not necessary at the end of the name.
- It has a distinct legal entity which means the company’s existence is different from its members.
- The company has a perpetual existence along with greater flexibility.
- Section 25 companies are Non-profitable companies; so they grasp the exemption from the provision of income tax.
- To enable the transfer of both movable and immovable interest, the ownership can be transferred easily without any hurdles or restrictions.