We come up with the allowance for Section 8 Company registration in Dumka, Non profit organisation registration in Dumka, Charitable organisation registration in Dumka. Section 8 company is a not for profit organization.  Not for profit does not target that the section 8 companies cannot generate profit from their business. Section 8 companies are acknowledged for some special purpose. We will manage to pay for you anything information virtually registration of section 8 company in this article in brief.

Section 8 Company Registration Dumka

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 acknowledged by section 8 companies is applied for promoting its objects and no any share 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 subsequent to Trust and society. Central management has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind happening the company.  In exploit of any fraud authenticated 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 vary from LLP or usual Private limited companies. A separate license is required to be obtained before raptness by applying to Regional director (RD). For concentration 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 all Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of everything members.
4. Copy of Bank statements of anything directors (Up to date).
5. Copy of rent concurrence 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 later than RD.
5. MOA & AOA drafting.
6. 3 years projected P&L bank account preparation.
7. Filing of section 8 company.
8. Incorporation certificate issued BY MCA.

Section 8 companies are nonprofit organization. It is conventional for social decree not for gain motive. In antiquated companies act, 1956 section 25 was deals in imitation of nonprofit dealing out incorporation. Government of India has made Section 8 company registration to be curtains online. So it is good news for you. You attain not have to visit our office for you work. You can send us everything documents taking into consideration sign through emails. We will do whatever of your work. You can pay our progress online.