We find the keep for Section 8 Company registration in Pavapuri, Non gain organisation registration in Pavapuri, Charitable organisation registration in Pavapuri. Section 8 company is a not for profit organization.  Not for gain does not seek that the section 8 companies cannot generate profit from their business. Section 8 companies are acknowledged for some special purpose. We will meet the expense of you all information practically registration of section 8 company in this article in brief.

Section 8 Company Registration Pavapuri

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 presidency has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind taking place the company.  In encounter of any fraud authenticated action will be taken by ROC against whatever officers of the section 8 companies. Section 8 companies either private or may be a public company. Registration process of Section 8 companies is different from LLP or normal Private limited companies. A separate license is required to be obtained before assimilation by applying to Regional director (RD). For assimilation 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 authentic 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 whatever Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of all members.
4. Copy of Bank statements of everything directors (Up to date).
5. Copy of rent accord of Office premises.
6. Copy of electricity Bill.
7. Contacts details of everything 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 next RD.
5. MOA & AOA drafting.
6. 3 years projected P&L balance preparation.
7. Filing of section 8 company.
8. Incorporation certify issued BY MCA.

Section 8 companies are nonprofit organization. It is normal for social play-act not for profit motive. In obsolescent companies act, 1956 section 25 was deals as soon as nonprofit dealing out incorporation. Government of India has made Section 8 company registration to be finished online. So it is great news for you. You reach not have to visit our office for you work. You can send us everything documents in imitation of sign through emails. We will do whatever of your work. You can pay our progress online.