We meet the expense of Section 8 Company registration in Purnia, Non gain organisation registration in Purnia, Charitable organisation registration in Purnia. Section 8 company is a not for gain organization.  Not for profit does not want that the section 8 companies cannot generate gain from their business. Section 8 companies are conventional for some special purpose. We will give you all information very nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Purnia

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 usual by section 8 companies is applied for promoting its objects and no any part 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 later than Trust and society. Central organization 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 dogfight of any fraud true action will be taken by ROC against everything 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 remove license is required to be obtained before fascination by applying to Regional director (RD). For engagement 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 genuine 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 whatever Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of anything members.
4. Copy of Bank statements of whatever 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 all members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing later RD.
5. MOA & AOA drafting.
6. 3 years projected P&L report preparation.
7. Filing of section 8 company.
8. Incorporation recognize issued BY MCA.

Section 8 companies are nonprofit organization. It is acknowledged for social fake not for profit motive. In archaic companies act, 1956 section 25 was deals like nonprofit organization incorporation. Government of India has made Section 8 company registration to be curtains online. So it is great news for you. You realize not have to visit our office for you work. You can send us anything documents subsequent to sign through emails. We will do everything of your work. You can pay our momentum online.