mitalitita.com

Existing Section 8 Company

Existing Section 8 Company

A Section 8 Company already operates as a non-profit organisation, but it still carries a full set of corporate responsibilities. From annual filings and compliance to board governance, registrations and licenses, these companies need careful oversight to meet MCA, Income Tax and CSR expectations. Regular maintenance keeps credibility strong with donors, NGOs, CSR partners and funding agencies.

What We Assist With

• Annual ROC filings and statutory compliance
• Drafting minutes, board resolutions and maintaining registers
• Assistance with 12A, 80G, CSR Form 1 and renewal processes
• FCRA advisory, registrations and ongoing reporting
• Financial statements, audit coordination and policy drafting
• Amendments to MOA/AOA or change in directors
• Advisory on grants, CSR partnerships and donor reporting
• Support for PAN/GST updates, licences and renewal documentation

Why Section 8 Companies Need Ongoing Support

• High scrutiny from MCA, Income Tax and CSR authorities
• Mandatory audit and robust governance framework
• Clean compliance boosts donor confidence
• Essential for receiving CSR funds and large institutional grants
• Ensures the organisation remains eligible for various schemes and partnerships

Frequently Asked Questions

Statutory audit, financial statements, annual ROC filings (AOC-4, MGT-7), board meetings, and maintenance of registers are mandatory.

 

Yes. Under the new Income Tax rules, 12A and 80G require periodic renewal. Timely filing is essential to remain eligible for donations.

 

 

Yes. Without FCRA registration or prior permission, a Section 8 Company cannot legally receive foreign funds.

 

 

All income must be reinvested into the organisation’s objectives. Distribution of profit or dividends is strictly prohibited.

 

Yes, but only for professional services rendered—not for being directors. Payments must be reasonable and well-documented.