A Section 8 Company is registered under the Companies Act, 2013 with the objective of promoting arts, commerce, science, sports, education, research, social welfare, environment protection, religion, or charity. These companies operate as Non-Governmental Organizations (NGOs) with a focus on social and charitable causes rather than profit.
Unlike regular companies, Section 8 Companies cannot distribute profits among members. Any income or surplus generated must be reinvested into the organization’s charitable objectives.
To maintain credibility and avoid penalties, it is mandatory for every Section 8 Company to comply with the annual filings and statutory requirements defined under the Companies Act, 2013 and the Income Tax Act.
Oxom Consultancy Hub – Section 8 Compliance Package
We at Oxom Consultancy Hub provide end-to-end annual compliance services for Section 8 Companies, ensuring that your organization remains fully compliant with all legal and regulatory requirements.
✅ Our Compliance Package Includes:
- Preparation of Financial Statements
- Annual Report Preparation
- Director’s Report
- Director’s KYC Filing
- Income Tax Return (ITR) Filing of Company
- Filing of Form AOC-4 with ROC
- Filing of Form MGT-7 with ROC
- Filing of Form INC-20A for Commencement of Business
Documents Required
To initiate the compliance process, kindly provide the following:
- Certificate of Incorporation
- Memorandum of Association (MOA) & Articles of Association (AOA)
- Digital Signatures (DSC) of Directors
- Bank Statement of the Company
Step-by-Step Compliance Procedure
Step 1: Document Collection
Send the required documents to our team via email or WhatsApp. Once received, we begin your compliance process.
Step 2: Preparation of Documents
Our experts prepare the necessary filings and forms for submission.
Step 3: Finalization of Financials & ITR
Your Balance Sheet and ITR are finalized and reviewed.
Step 4: Drafting of Notices & Board Minutes
All required board meeting documents are prepared.
Step 5: Filing of Forms
Forms such as ADT-1, AOC-4, and MGT-7 are filed with the Registrar of Companies (ROC).
Checklist for Annual Compliances
| Compliance Requirement | Details |
|---|---|
| Appointment of Auditor | As per Section 139 of the Companies Act, every company must appoint an auditor to maintain books of accounts and annual returns. |
| Maintenance of Registers | Maintain a statutory register of members, loans, charges, etc. |
| Meetings | Conduct Annual General Meetings (AGM) and other statutory meetings. |
| Director’s Report | Prepare and file an annual Director’s Report containing fiscal data and CSR details. |
| Financial Statements | File balance sheet, profit & loss account, and cash flow statement for the previous financial year. |
| Tax Returns | File Income Tax Return before 30th September every year. |
| Form AOC-4 | File within 30 days from the AGM. |
| Form MGT-7 | File within 60 days from the AGM. |
Why Annual Compliance Matters
Fulfilling compliance obligations ensures that your organization:
✅ Maintains credibility with donors and government agencies
✅ Avoids heavy penalties and legal actions
✅ Remains eligible for tax exemptions and grants
Failure to comply may attract fines up to ₹1,00,000 per year and can even lead to blacklisting of the company and directors.
Common Compliance Forms
- Form ADT-1: Auditor Appointment (within 15 days of appointment)
- Form DIR-2: Director’s consent within 30 days of appointment
- Form MR-1: Return for appointment of MD, Manager, or KMP within 60 days
FAQ – Section 8 Company Compliance
Q1. Can Section 8 Companies claim full tax exemption?
Yes, by fulfilling the conditions under the Income Tax Act, Section 8 Companies can claim 100% exemption.
Q2. Can Section 8 Companies issue dividends?
No. Section 8 Companies cannot issue dividends or distribute profits among members.
Q3. What is the penalty for not appointing an auditor on time?
Penalty ranges from ₹25,000 to ₹5,00,000.
Q4. What happens if annual returns are not filed?
Penalty ranges from ₹50,000 up to ₹5,00,000 and may affect the organization’s registration.
Our Pricing Plans
We offer affordable compliance plans to suit NGOs of all sizes.
| Plan | Ideal For | Annual Price |
|---|---|---|
| Basic | Small NGOs / Startups | ₹8,999 |
| Standard | Medium NGOs (with moderate activity) | ₹14,999 |
| Premium | Large NGOs / Multiple Branches | ₹29,999 |
💡 First-Year Offer: Enjoy up to 25% discount on compliance packages!
To avail the offer, simply become a member of Oxom Consultancy Hub by paying a nominal membership fee of ₹1499 which is valid for 3 years.
Membership Benefits
By becoming a member of Oxom Consultancy Hub, you gain exclusive access to a range of benefits designed to support your NGO’s growth and compliance journey:
🎯 Exclusive Member Benefits
- Up to 25% Discount on compliance services in the first year and 10% Discount on all other consultancy services
- Priority Support from our dedicated NGO compliance team.
- Free Annual Consultation on NGO growth, funding opportunities, and compliance planning.
- Access to Templates & Legal Documents including board resolutions, meeting notices, and reports.
- Discounts on Future Services such as 12A, 80G, FCRA registration, and CSR project documentation.
👉 Become a Member Now for just ₹1499 /3 years and unlock all these benefits!
Why Choose Oxom Consultancy Hub?
- 🌍 Nationwide Services – We handle NGO compliance online across India.
- 💼 Expert Team – Experienced professionals specializing in NGO law & finance.
- 🕒 Timely Filings – Never miss a ROC or IT return deadline again.
- 💰 Transparent Pricing – No hidden costs.
- 🤝 End-to-End Support – From registration to renewals and reporting.
📞 Ready to File Your Section 8 Compliances?
Let our experts handle your paperwork while you focus on your mission.
👉 Contact us today
📞 Call Us: +91 93958 33875
💬 WhatsApp: +91 88221 41501
🌐 Visit us at www.oxomconsultancyhub.in