We pay for Section 8 Company registration in Lakhisarai, Non profit organisation registration in Lakhisarai, Charitable organisation registration in Lakhisarai. Section 8 company is a not for gain organization.  Not for profit does not aspire that the section 8 companies cannot generate gain from their business. Section 8 companies are established for some special purpose. We will pay for you all information about registration of section 8 company in this article in brief.

Section 8 Company Registration Lakhisarai

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 further social objects. Profits or donation usual by section 8 companies is applied for promoting its objects and no any share 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 bearing in mind Trust and society. Central admin has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind in the works the company.  In fighting of any fraud authenticated 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 alternating from LLP or normal Private limited companies. A separate license is required to be obtained before incorporation by applying to Regional director (RD). For amalgamation 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 authenticated 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 anything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of whatever members.
4. Copy of Bank statements of anything directors (Up to date).
5. Copy of rent appointment of Office premises.
6. Copy of electricity Bill.
7. Contacts details of anything 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 bearing in mind RD.
5. MOA & AOA drafting.
6. 3 years projected P&L bill preparation.
7. Filing of section 8 company.
8. Incorporation certificate issued BY MCA.

Section 8 companies are nonprofit organization. It is usual for social work not for profit motive. In obsolescent companies act, 1956 section 25 was deals with nonprofit handing out incorporation. Government of India has made Section 8 company registration to be done online. So it is good news for you. You realize not have to visit our office for you work. You can send us whatever documents once sign through emails. We will do everything of your work. You can pay our enhance online.