We give Section 8 Company registration in Biharsharif, Non gain organisation registration in Biharsharif, Charitable organisation registration in Biharsharif. Section 8 company is a not for profit organization.  Not for profit does not take aim that the section 8 companies cannot generate profit from their business. Section 8 companies are acknowledged for some special purpose. We will come taking place with the grant for you anything information not quite registration of section 8 company in this article in brief.

Section 8 Company Registration Biharsharif

Section 8 company registration means, registration of company as per rules and regulation of companies act, 2013. Section 8 companies incorporated for promoting arts, commerce, charity, education, social welfare, sports, religious or any other social objects. Profits or donation established by section 8 companies is applied for promoting its objects and no any allowance of its gain distributed as dividend to its members. Section 8 companies can earn profits but the promoters cannot use it for personal benefit. Section 8 companies cannot use “section 8 or private limited or limited” in its name.  Profit earn by section 8 companies must used in promoting charitable objects. A section 8 company is similar to Trust and society. Central processing has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind going on the company.  In exploit of any fraud legal action will be taken by ROC against all officers of the section 8 companies. Section 8 companies either private or may be a public company. Registration process of Section 8 companies is exchange from LLP or normal Private limited companies. A remove license is required to be obtained before fascination by applying to Regional director (RD). For incorporation of section 8 company (private) minimum 2 members is required.

Advantage of Section 8 Company Registration

1. Tax benefit.
2. For complying CSR activities.
3. No minimum capital is required.
4. Separate valid entity.
5. Credible as compared to Trust and society.
6. No title required.

Documents required for Section 8 Company registration

1. Copy of Pan Card of all Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of anything members.
4. Copy of Bank statements of anything directors (Up to date).
5. Copy of rent consent of Office premises.
6. Copy of electricity Bill.
7. Contacts details of everything members.

Procedure of Section 8 Company registration

1. Apply for DSC of everything members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing gone RD.
5. MOA & AOA drafting.
6. 3 years projected P&L checking account preparation.
7. Filing of section 8 company.
8. Incorporation sanction issued BY MCA.

Section 8 companies are nonprofit organization. It is usual for social enactment not for profit motive. In outmoded companies act, 1956 section 25 was deals taking into account nonprofit supervision incorporation. Government of India has made Section 8 company registration to be over and done with online. So it is great news for you. You get not have to visit our office for you work. You can send us everything documents later sign through emails. We will do everything of your work. You can pay our expand online.