We have enough money Section 8 Company registration in Namkum, Non profit organisation registration in Namkum, Charitable organisation registration in Namkum. Section 8 company is a not for gain organization.  Not for profit does not endeavor that the section 8 companies cannot generate gain from their business. Section 8 companies are conventional for some special purpose. We will provide you anything information just about registration of section 8 company in this article in brief.

Section 8 Company Registration Namkum

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 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 gone Trust and society. Central direction 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 encounter of any fraud authenticated 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 alternative from LLP or normal Private limited companies. A cut off license is required to be obtained before inclusion by applying to Regional director (RD). For inclusion 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 everything 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 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 whatever 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 credit preparation.
7. Filing of section 8 company.
8. Incorporation recognize issued BY MCA.

Section 8 companies are nonprofit organization. It is conventional for social function not for profit motive. In out of date companies act, 1956 section 25 was deals taking into account nonprofit admin incorporation. Government of India has made Section 8 company registration to be done online. So it is good news for you. You get not have to visit our office for you work. You can send us everything documents later than sign through emails. We will do whatever of your work. You can pay our development online.