ANNUAL COMPLIANCES FOR SECTION 8 COMPANIES

Key Compliance Requirements for Section 8 Companies
Presented by NYAY SARTHI INDIA FILINGS

As registered NGOs under the Companies Act 2013, Section 8 companies must strictly maintain:

Mandatory Compliances:
✔ Income Tax Department regulations
✔ Registrar of Companies (RoC) filings

Non-Compliance Consequences:
• Penalties up to ₹1 lakh annually
• Temporary blacklisting of company/directors

NYAY SARTHI INDIA FILINGS ensures seamless compliance to protect your NGO’s legal status.

SECTION 8 COMPANY

Understanding Section 8 Companies
By NYAY SARTHI INDIA FILINGS

Section 8 companies are purpose-driven entities established to advance:
✔ Arts & Commerce
✔ Education & Sports
✔ Social Welfare
✔ Research Initiatives
✔ Environmental Protection

Key Features:

  • Permitted profit generation

  • Mandatory profit reinvestment

  • No dividend distribution to members

NYAY SARTHI INDIA FILINGS provides expert guidance on Section 8 company formation and compliance.

INSTANT COMPLIANCE AFTER INCORPORATION

Key Compliance Timelines for Section 8 Companies
Presented by NYAY SARTHI INDIA FILINGS

1. Auditor Appointment
✓ Mandatory within 30 days of incorporation
✓ Ensures proper financial record-keeping

2. Board Meetings
✓ First meeting within 30 days post-incorporation
✓ Minimum 2 meetings annually (every 6 months)

3. Annual General Meeting
✓ First AGM within 9 months of financial year-end
✓ Subsequent AGMs as per regulatory schedule

NYAY SARTHI INDIA FILINGS ensures timely compliance for your Section 8 company’s smooth operations.

PROCESS OF COMPLIANCES OF SECTION 8 COMPLIANCES

Essential Compliance Filings for Section 8 Companies
By NYAY SARTHI INDIA FILINGS

1. Form ADT-1

  • Auditor appointment notification

  • Must be filed within 15 days of appointment

2. Form DIR-2

  • Director consent declaration

  • Required within 30 days of appointment

3. Form MR-1

  • Managing director appointment details

  • Filing deadline: 60 days post-appointment

NYAY SARTHI INDIA FILINGS ensures accurate and timely submission of all compliance forms

REPORTS OF ANNUAL GENERAL MEETINGS

Compliance Solutions for Section 8 Companies
By NYAY SARTHI INDIA FILINGS

Key Filing Requirements:
✔ Form AOC-3: Distribute audited financials to members 30 days pre-AGM
✔ Form MGT-15: Submit AGM report within 30 days post-meeting
✔ Forms AOC-3 & AOC-4: File approved financials within 30 days of AGM
✔ Form MGT-7: Annual return filing within 60 days of AGM

Our Technology-Driven Approach:

  • Automated compliance management system

  • Seamless government-authority coordination

  • Transparent process tracking

Expert Support:
• Dedicated compliance specialists
• 24/7 advisory for tax and regulatory queries
• End-to-end documentation handling

NYAY SARTHI INDIA FILINGS ensures hassle-free compliance for your Section 8 company.

Exemptions under Section 8 companies

Key Advantages of Section 8 Companies
Presented by NYAY SARTHI INDIA FILINGS

Flexible Structure:
✓ No minimum paid-up capital requirement
✓ Company secretary appointment optional

Director Benefits:
• Unlimited number of directors permitted
• No mandatory independent directors
• Directorships don’t count toward directorship limits

Simplified Governance:

  • No compulsory committees:
    ✗ Nomination & Remuneration Committee
    ✗ Stakeholder Relationship Committee

NYAY SARTHI INDIA FILINGS helps leverage these benefits for your Section 8 company setup.

Tax compliance

Tax Compliance for Section 8 Companies
By NYAY SARTHI INDIA FILINGS

Tax Treatment:
• Standard corporate tax applies
• Partial exemptions available for qualifying income

Exemption Requirements:

  1. Section 12A Registration

    • File Form 10A with Principal Commissioner

  2. Section 11 Compliance

    • Meet all stipulated conditions

  3. 80G Approval

    • Submit Form 10B for donor tax benefits

Our Comprehensive Services:
✓ End-to-end tax compliance management
✓ Advanced tech platform for seamless filings
✓ Transparent processes with real-time updates
✓ Expert advisory for all tax queries

NYAY SARTHI INDIA FILINGS ensures your Section 8 company maximizes tax benefits while maintaining full compliance.