We provide Section 8 Company registration in Madhepura, Non profit organisation registration in Madhepura, Charitable organisation registration in Madhepura. Section 8 company is a not for profit organization.  Not for profit does not point toward that the section 8 companies cannot generate gain from their business. Section 8 companies are time-honored for some special purpose. We will manage to pay for you whatever information virtually registration of section 8 company in this article in brief.

Section 8 Company Registration Madhepura

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 supplementary social objects. Profits or donation expected by section 8 companies is applied for promoting its objects and no any share 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 once Trust and society. Central presidency 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 combat 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 usual Private limited companies. A cut off license is required to be obtained before incorporation by applying to Regional director (RD). For inclusion 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 all Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of whatever members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent accord 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 whatever members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing next RD.
5. MOA & AOA drafting.
6. 3 years projected P&L tally preparation.
7. Filing of section 8 company.
8. Incorporation endorse issued BY MCA.

Section 8 companies are nonprofit organization. It is established for social play a part not for gain motive. In passй companies act, 1956 section 25 was deals in the aerate of nonprofit dealing out incorporation. Government of India has made Section 8 company registration to be over and done with online. So it is good news for you. You accomplish not have to visit our office for you work. You can send us all documents as soon as sign through emails. We will do all of your work. You can pay our early payment online.