We manage to pay for Section 8 Company registration in Sheikhpura, Non gain organisation registration in Sheikhpura, Charitable organisation registration in Sheikhpura. Section 8 company is a not for profit organization. Not for profit does not object that the section 8 companies cannot generate gain from their business. Section 8 companies are time-honored for some special purpose. We will find the keep for you everything information roughly registration of section 8 company in this article in brief.

Section 8 Company Registration Sheikhpura
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 new social objects. Profits or donation usual by section 8 companies is applied for promoting its objects and no any portion 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 in the same way as 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 occurring the company. In war of any fraud true action will be taken by ROC against anything 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 remove license is required to be obtained before combination by applying to Regional director (RD). For engagement of section 8 company (private) minimum 2 members is required.
Advantage of Section 8 Company Registration
- Tax benefit.
- For complying CSR activities.
- No minimum capital is required.
- Separate authentic entity.
- Credible as compared to Trust and society.
- No title required.
Documents required for Section 8 Company registration
- Copy of Pan Card of all Members.
- Copy of aadhar card/ voter ID card/ Passport.
- Photograph of everything members.
- Copy of Bank statements of whatever directors (Up to date).
- Copy of rent succession of Office premises.
- Copy of electricity Bill.
- Contacts details of all members.
Procedure of Section 8 Company registration
- Apply for DSC of all members.
- Preparation of documents.
- Name filing.
- Section 8 company License filing subsequently RD.
- MOA & AOA drafting.
- 3 years projected P&L financial credit preparation.
- Filing of section 8 company.
- Incorporation endorse issued BY MCA.
Section 8 companies are nonprofit organization. It is expected for social produce an effect not for profit motive. In old companies act, 1956 section 25 was deals once nonprofit direction incorporation. Government of India has made Section 8 company registration to be ended online. So it is great news for you. You complete not have to visit our office for you work. You can send us all documents subsequent to sign through emails. We will do anything of your work. You can pay our move ahead online.