We allow Section 8 Company registration in Lapung, Non profit organisation registration in Lapung, Charitable organisation registration in Lapung. Section 8 company is a not for profit organization.  Not for gain does not goal that the section 8 companies cannot generate gain from their business. Section 8 companies are time-honored for some special purpose. We will pay for you everything information practically registration of section 8 company in this article in brief.

Section 8 Company Registration Lapung

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 further social objects. Profits or donation traditional by section 8 companies is applied for promoting its objects and no any portion 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 subsequently Trust and society. Central organization has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind happening the company.  In feat of any fraud true 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 swing from LLP or normal Private limited companies. A cut off license is required to be obtained before fascination by applying to Regional director (RD). For raptness 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 legal 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 all members.
4. Copy of Bank statements of anything directors (Up to date).
5. Copy of rent taking over 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 all members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing behind RD.
5. MOA & AOA drafting.
6. 3 years projected P&L explanation preparation.
7. Filing of section 8 company.
8. Incorporation endorse issued BY MCA.

Section 8 companies are nonprofit organization. It is received for social play not for profit motive. In outdated companies act, 1956 section 25 was deals following 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 do not have to visit our office for you work. You can send us whatever documents taking into account sign through emails. We will do all of your work. You can pay our fee online.