We provide Section 8 Company registration in Sitamarhi, Non profit organisation registration in Sitamarhi, Charitable organisation registration in Sitamarhi. Section 8 company is a not for gain organization.  Not for profit does not try that the section 8 companies cannot generate profit from their business. Section 8 companies are acknowledged for some special purpose. We will have enough money you everything information more or less registration of section 8 company in this article in brief.

Section 8 Company Registration Sitamarhi

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 received by section 8 companies is applied for promoting its objects and no any allowance 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 behind Trust and society. Central government 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 feat of any fraud legitimate 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 alternative from LLP or usual Private limited companies. A sever 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

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 everything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of everything members.
4. Copy of Bank statements of everything directors (Up to date).
5. Copy of rent consent of Office premises.
6. Copy of electricity Bill.
7. Contacts details of whatever 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 taking into consideration RD.
5. MOA & AOA drafting.
6. 3 years projected P&L explanation preparation.
7. Filing of section 8 company.
8. Incorporation authorize issued BY MCA.

Section 8 companies are nonprofit organization. It is normal for social do something not for gain motive. In passй companies act, 1956 section 25 was deals next nonprofit handing out incorporation. Government of India has made Section 8 company registration to be the end online. So it is good news for you. You do not have to visit our office for you work. You can send us everything documents behind sign through emails. We will do anything of your work. You can pay our enhance online.