{"id":5952,"date":"2019-08-14T10:46:55","date_gmt":"2019-08-14T05:16:55","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=5952"},"modified":"2021-12-17T13:36:54","modified_gmt":"2021-12-17T08:06:54","slug":"process-of-incorporation-of-section-8-companies","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/process-of-incorporation-of-section-8-companies\/","title":{"rendered":"Process of Incorporation of Section 8 Companies"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69f628041d032\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69f628041d032\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/process-of-incorporation-of-section-8-companies\/#Simplification_of_process_of_formation_of_Section_8_Companies\" title=\"Simplification of process of formation of Section 8 Companies:\">Simplification of process of formation of Section 8 Companies:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/process-of-incorporation-of-section-8-companies\/#Post_incorporation_compliance_for_Sec_8_Company\" title=\"Post incorporation compliance for Sec 8 Company:\">Post incorporation compliance for Sec 8 Company:<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/process-of-incorporation-of-section-8-companies\/#Key_Due_Dates\" title=\"Key Due Dates:\">Key Due Dates:<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/process-of-incorporation-of-section-8-companies\/#You_May_Also_Like_the_Following_Blogs\" title=\"You May Also Like the Following Blogs;\">You May Also Like the Following Blogs;<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\r\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/08\/Simplification-of-process-of-formation-of-Section-8-Companies.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-12275\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/08\/Simplification-of-process-of-formation-of-Section-8-Companies.jpg\" alt=\"Simplification of process of formation  of Section 8 \" width=\"1200\" height=\"630\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/08\/Simplification-of-process-of-formation-of-Section-8-Companies.jpg 1200w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/08\/Simplification-of-process-of-formation-of-Section-8-Companies-300x158.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/08\/Simplification-of-process-of-formation-of-Section-8-Companies-1024x538.jpg 1024w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/08\/Simplification-of-process-of-formation-of-Section-8-Companies-768x403.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/08\/Simplification-of-process-of-formation-of-Section-8-Companies-800x420.jpg 800w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\r\n<h2><span class=\"ez-toc-section\" id=\"Simplification_of_process_of_formation_of_Section_8_Companies\"><\/span><span style=\"color: #ff6600;\">Simplification of process of formation of Section 8 Companies:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n\r\n\r\n\r\n<ul>\r\n<li>With a view to simplify the process for incorporating Section 8 Companies, requirement of prior filing of INC-12 for new section-8 companies is being dispensed with vide the Companies(Incorporation) Sixth Amendment Rules, 2019 dated 7th June, 2019.<\/li>\r\n<li>Henceforth, Section 8 Companies can be incorporated by either reserving names through Run and filing SPICe thereafter or by directly filing SPICe.<\/li>\r\n<li>Licence No for a section 8 company shall henceforth be allotted at the time of incorporation itself.<\/li>\r\n<li>In view of the above, all pending INC-12 SRNs for new Companies pending at respective <a href=\"https:\/\/www.legalpillers.com\/services\/roc-compliances-of-pvt-ltd-opc\/\">ROCs<\/a> would be marked as \u2018Rejected\u2019 on 15th August 2019.<\/li>\r\n<li>Such applicants may thereafter directly file SPICe for obtaining License Number and for incorporation of Section 8 Companies.<\/li>\r\n<li>Stakeholders who have already obtained License Numbers and are yet to file SPICe form for incorporating Sec 8 companies may do so at their convenience but may please note that the forms shall be processed only after a certain time lag to allow for work flow changes to take effect.<\/li>\r\n<li>Those stakeholders who have already filed SPICe forms which are pending at CRC may kindly await processing of these forms after the work flow changes take effect.<\/li>\r\n<\/ul>\r\n<h2 class=\"style-scope ytd-watch-metadata\"><span class=\"ez-toc-section\" id=\"Post_incorporation_compliance_for_Sec_8_Company\"><\/span>Post incorporation compliance for Sec 8 Company:<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><iframe loading=\"lazy\" title=\"Post incorporation compliance for Sec 8 Company:  Annual Compliances for Section 8 Companies\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/W9XQyOEApHU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\r\n\r\n\r\n\r\n<h3><span class=\"ez-toc-section\" id=\"Key_Due_Dates\"><\/span><strong><em>Key Due Dates:<\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n\r\n\r\n\r\n<ul>\r\n<li>STATUTORY COMPLIANCE CALENDAR FOR AUGUST 2019: 07 Augus: TDS\/TCS LIABILITY DEPOSIT &#8211; Due date of depositing TDS\/TCS liabilities for previous month.<\/li>\r\n<li>7 August: EQUALIZATION LEVY DEPOSIT- Equalization Levy is a direct tax, which is withheld at the time of payment by the service recipient where the annual payment made to one service provider (Non\u00a0 Residents only) exceeds Rs. 1,00,000 in one financial year for the specified and notified services.<\/li>\r\n<li>10 August: GSTR-7 RETURN FILLING DUE DATE &#8211; Due Date for filing GSTR-7 by person liable to deduct TDS under GST for previous\u00a0\u00a0 quarter.<\/li>\r\n<li>10 August: <a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">GSTR-8 RETURN<\/a> FILLING DUE DATE &#8211; GSTR-8 is a return to be filed by e-commerce operators who are required to deduct TCS (Tax collected at source) under GST.<\/li>\r\n<li>11 August: GSTR-1 RETURN FILLING DUE DATE &#8211; GST Filing of returns by registered person with aggregate turnover more than 1.50 crores.<\/li>\r\n<li>13 August:\u00a0 GSTR-6 RETURN FILLING DUE DATE- Due Date for filing return by Input Service Distributors for previous month.<\/li>\r\n<li>15 August:\u00a0 <a href=\"https:\/\/carajput.com\/pf-esi.php\">PROVIDEND FUND \/ ESI<\/a> DUE DATES- Due date for payment of Provident fund and ESI contribution for the previous month.<\/li>\r\n<li>20 August: GSTR-5 RETURN FILLING DUE DATE- Due date of GSTR-5 (for Non-resident Taxable person) for the Previous month.<\/li>\r\n<li>20 August: GSTR-5A RETURN FILLING DUE DATE- Return by person providing online information and database access or retrieval services by a person located outside India made to Non-Taxable persons in India for the previous month.<\/li>\r\n<li>In 20 August: GSTR-3B RETURN FILLING DUE DATE &#8211; Due date for filling GSTR \u2013 3B return for Previous month.<\/li>\r\n<li>\u00a031 August: <a href=\"https:\/\/carajput.com\/income-tax-services.php\">INCOME TAX<\/a> RETURN EXTENDED- Filing income tax for individual and non-corporates [who are not subject to tax audit].<\/li>\r\n<li>31 August: GSTR-9 RETURN FILLING DUE DATE &#8211; Annual Return to be filed by Regular Taxpayers filing GSTR 1, GSTR 2, and GSTR 3. It needs to be filed electronically on the GST portal directly or through a facilitation center.<\/li>\r\n<li>Aug 31 : GSTR-9A RETURN FILLING DUE DATE &#8211; Taxable Persons paying tax under Section 10 of CGST Act, the composition scheme, are required to submit their annual returns in Form GSTR 9A.<\/li>\r\n<li>31 August: GSTR-9B RETURN FILLING DUE DATE- Annual Return to be filed by e-commerce operators who have filed GSTR 8 during the financial year.<\/li>\r\n<li>On 31 August: <a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">GSTR-9C RETURN<\/a> FILLING DUE DATE- Taxpayers whose annual turnover exceeds INR 2 crores in a Financial Year are required to get their accounts audited by a practicing Chartered Accountant or Cost Accountant before filing returns in Form GSTR 9C.<\/li>\r\n<\/ul>\r\n<h4><span class=\"ez-toc-section\" id=\"You_May_Also_Like_the_Following_Blogs\"><\/span><strong>You May Also Like the Following Blogs;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n<ul>\r\n<li><a href=\"https:\/\/carajput.com\/blog\/easy-and-simple-task-to-online-file-income-tax-returns\/\">File ITR online easily and simply<\/a><\/li>\r\n<li><a href=\"https:\/\/carajput.com\/blog\/no-disallowance-if-tds-is-deposited-before-due-date-of-filing-return-amendment-to-sec-40a-ia-has-retro-effect\/\">Amendment in section-40A with retro-effect<\/a><\/li>\r\n<li><a href=\"https:\/\/carajput.com\/blog\/how-to-e-file-return-using-evc-without-sending-signed-copy-of-itr-v-2\/\">How to e-file a return using EVC without sending a signed copy of ITR-V?<\/a><\/li>\r\n<li><a href=\"https:\/\/carajput.com\/blog\/should-you-file-tax-return-even-without-taxable-income\/\">Should you file a tax return without Taxable Income<\/a><\/li>\r\n<li><a href=\"https:\/\/carajput.com\/blog\/needed-to-file-income-tax-returns-for-your-bitcoin-profits-earn\/\">File ITR for your BITCOIN profit earned<\/a><\/li>\r\n<li><a href=\"https:\/\/carajput.com\/blog\/your-income-tax-returnitr-for-fy-2017-18ay-2018-19\/\">Income Tax Return for FY-17-18\u00a0<\/a><\/li>\r\n<\/ul>\r\n\r\n\r\n","protected":false},"excerpt":{"rendered":"<p>Simplification of process of formation of Section 8 Companies: With a view to simplify the process for incorporating Section 8 Companies, requirement of prior filing of INC-12 for new section-8 companies is being dispensed with vide the Companies(Incorporation) Sixth Amendment Rules, 2019 dated 7th June, 2019. Henceforth, Section 8 Companies can be incorporated by either &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[208],"tags":[8324],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5952"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=5952"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5952\/revisions"}],"predecessor-version":[{"id":20056,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5952\/revisions\/20056"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=5952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=5952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=5952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}