We offer Section 8 Company registration in Patna City, Non profit organisation registration in Patna City, Charitable organisation registration in Patna City. Section 8 company is a not for gain organization.  Not for gain does not aspire that the section 8 companies cannot generate profit from their business. Section 8 companies are time-honored for some special purpose. We will present you whatever information nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Patna City

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 extra social objects. Profits or donation time-honored by section 8 companies is applied for promoting its objects and no any allocation 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 in the announce of Trust and society. Central executive has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind stirring the company.  In combat 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 every second from LLP or normal Private limited companies. A separate license is required to be obtained before assimilation by applying to Regional director (RD). For interest 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 real 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 anything 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 agreement 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 in the same way as RD.
5. MOA & AOA drafting.
6. 3 years projected P&L story preparation.
7. Filing of section 8 company.
8. Incorporation sanction issued BY MCA.

Section 8 companies are nonprofit organization. It is acknowledged for social be active not for profit motive. In passй companies act, 1956 section 25 was deals in the manner of nonprofit paperwork incorporation. Government of India has made Section 8 company registration to be ended online. So it is great news for you. You attain not have to visit our office for you work. You can send us all documents subsequently sign through emails. We will do anything of your work. You can pay our enhance online.