Section 8, Public Limited & Nidhi Company Registration
- Transparent fee structure
- Expert financial guidance
- Fast registration process
- Secure document handling
Register the right corporate entity for social welfare, large-scale business or mutual benefit lending. We handle name approval, MOA/AOA drafting, SPICe+ filing and post-incorporation compliance with the Ministry of Corporate Affairs (MCA).
Which Entity is Right for You?
Apart from Private Limited companies, LLPs and OPCs, the Companies Act, 2013 provides for special entities for specific purposes: a Section 8 Company for charitable and non-profit work, a Public Limited Company for large businesses that want to raise capital from the public, and a Nidhi Company for borrowing and lending among its members.
Types of Entities
Key features and requirements of each entity:
1. Section 8 Company (NGO / Non-Profit)
- Formed to promote commerce, art, science, sports, education, research, social welfare, religion, charity, environment protection or similar objects
- Profits are applied only to its objects; no dividend is paid to members
- Licence under Section 8 of the Companies Act, 2013; minimum 2 directors for a private Section 8 company
- Eligible for registration under Sections 12A/12AB and 80G (as numbered under the applicable Income-tax Act) for tax exemption and donor deduction
2. Public Limited Company
- Suitable for large businesses planning to raise capital from the public or list on a stock exchange
- Minimum 3 directors and 7 shareholders; no upper limit on the number of shareholders
- Shares are freely transferable; stricter compliance and disclosure requirements than a private company
3. Nidhi Company
- A company formed to cultivate thrift and savings among its members, accepting deposits from and lending only to its members
- Incorporated as a public company with minimum 7 members and 3 directors, and governed by the Nidhi Rules, 2014
- Must meet the membership, net owned fund and other conditions under the Nidhi Rules and obtain the required declaration from the Central Government
Documents Required
- PAN, Aadhaar and photographs of all directors and members
- Address proof of directors (bank statement or utility bill)
- Registered office proof: utility bill plus rent agreement or NOC from the owner
- For Section 8: objects of the company, projected income and expenditure for 3 years
Ready to start your business? Call or WhatsApp +91-9899129125, email opjhaom@gmail.com, or fill in the form above for a free consultation.
Frequently Asked Questions
It can pay reasonable remuneration for services actually rendered, but profits cannot be distributed to members as dividend.
A Section 8 company is registered with MCA under the Companies Act, has a stronger governance framework and higher credibility with donors and CSR funders.
Minimum 3 directors and 7 shareholders.
No. A Nidhi Company can accept deposits from and lend only to its own members.
Usually a few weeks after documents are complete, depending on MCA processing and, for Section 8, licence approval.
SPICe+ (INC-32) on the MCA portal, along with e-MOA and e-AOA, as applicable.