Annual Compliance of Section 8 Company

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Annual Compliance of Section 8 Company

Section 8 Company is kind of corporate entity which is suitable for individuals who want to support a charitable cause or want to start a non charitable organisation. All Section 8 companies are required to file important annual compliance with the MCA to maintain the legal authority as per the law..

 

Annual Compliance of Section 8 Company

  1. A section 8 company is formed for non profit activities and must check the following compliance time to time.
  2. Section 8 company must have minimum paid up capital of 1 lakh
  3. Section 8 Company must hold an annual general meeting with the members
  4. Compliance related to the appointment of directors
  5. Audit Filings

A Section 8 Company is required to fulfill above listed compliance to maintain its legal structure. Thus, you must consult a leading business consultant for management of Annual Compliance of Section 8 Company.

GSB Taxation | Annual Compliance of Section 8 Company


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