We have enough money Section 8 Company registration in Katihar, Non gain organisation registration in Katihar, Charitable organisation registration in Katihar. Section 8 company is a not for profit organization.  Not for gain does not seek that the section 8 companies cannot generate profit from their business. Section 8 companies are conventional for some special purpose. We will pay for you everything information very nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Katihar

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 additional social objects. Profits or donation conventional by section 8 companies is applied for promoting its objects and no any part of its profit 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 afterward Trust and society. Central management has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind happening the company.  In war of any fraud legal action will be taken by ROC against whatever officers of the section 8 companies. Section 8 companies either private or may be a public company. Registration process of Section 8 companies is substitute from LLP or normal Private limited companies. A separate license is required to be obtained before engagement 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 authentic 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 everything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of all members.
4. Copy of Bank statements of everything directors (Up to date).
5. Copy of rent taking over of Office premises.
6. Copy of electricity Bill.
7. Contacts details of whatever members.

Procedure of Section 8 Company registration

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

Section 8 companies are nonprofit organization. It is acknowledged for social performance not for gain motive. In antiquated companies act, 1956 section 25 was deals subsequent to nonprofit admin incorporation. Government of India has made Section 8 company registration to be the end online. So it is great news for you. You attain not have to visit our office for you work. You can send us all documents as soon as sign through emails. We will do everything of your work. You can pay our develop online.