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

Section 8 Company Registration Nawada

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 traditional by section 8 companies is applied for promoting its objects and no any portion 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 with Trust and society. Central executive has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind occurring the company.  In achievement of any fraud authentic 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 alternating from LLP or normal Private limited companies. A surgically remove license is required to be obtained before concentration by applying to Regional director (RD). For captivation 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 all members.
4. Copy of Bank statements of whatever directors (Up to date).
5. Copy of rent concurrence of Office premises.
6. Copy of electricity Bill.
7. Contacts details of all members.

Procedure of Section 8 Company registration

1. Apply for DSC of anything 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 endorse issued BY MCA.

Section 8 companies are nonprofit organization. It is normal for social con not for gain motive. In old companies act, 1956 section 25 was deals in the reveal of nonprofit dispensation incorporation. Government of India has made Section 8 company registration to be ended online. So it is great news for you. You do not have to visit our office for you work. You can send us all documents considering sign through emails. We will do anything of your work. You can pay our proceed online.