We pay for Section 8 Company registration in Beur Patna, Non gain organisation registration in Beur Patna, Charitable organisation registration in Beur Patna. Section 8 company is a not for gain organization. Not for gain does not intend that the section 8 companies cannot generate profit from their business. Section 8 companies are standard for some special purpose. We will find the keep for you everything information approximately registration of section 8 company in this article in brief.

Section 8 Company Registration Beur Patna
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 ration 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 taking into account Trust and society. Central presidency has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind occurring the company. In encounter 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 usual Private limited companies. A cut off license is required to be obtained before captivation by applying to Regional director (RD). For captivation 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 valid entity.
- Credible as compared to Trust and society.
- No title required.
Documents required for Section 8 Company registration
- Copy of Pan Card of everything Members.
- Copy of aadhar card/ voter ID card/ Passport.
- Photograph of whatever 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 in imitation of RD.
- MOA & AOA drafting.
- 3 years projected P&L version preparation.
- Filing of section 8 company.
- Incorporation recognize issued BY MCA.
Section 8 companies are nonprofit organization. It is usual for social put on an act not for profit motive. In old companies act, 1956 section 25 was deals like nonprofit management incorporation. Government of India has made Section 8 company registration to be over and done with online. So it is good news for you. You accomplish not have to visit our office for you work. You can send us everything documents past sign through emails. We will do everything of your work. You can pay our take forward online.