We have enough money Section 8 Company registration in Bikram Patna, Non profit organisation registration in Bikram Patna, Charitable organisation registration in Bikram Patna. Section 8 company is a not for gain organization. Not for gain does not direct that the section 8 companies cannot generate profit from their business. Section 8 companies are normal for some special purpose. We will meet the expense of you anything information very nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Bikram 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 supplementary social objects. Profits or donation conventional by section 8 companies is applied for promoting its objects and no any allowance of its gain 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 past Trust and society. Central organization has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind taking place the company. In act of any fraud real 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 usual Private limited companies. A sever license is required to be obtained before incorporation by applying to Regional director (RD). For concentration 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 legal 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 anything members.
- Copy of Bank statements of everything directors (Up to date).
- Copy of rent appointment of Office premises.
- Copy of electricity Bill.
- Contacts details of anything members.
Procedure of Section 8 Company registration
- Apply for DSC of all members.
- Preparation of documents.
- Name filing.
- Section 8 company License filing with RD.
- MOA & AOA drafting.
- 3 years projected P&L checking account preparation.
- Filing of section 8 company.
- Incorporation certify issued BY MCA.
Section 8 companies are nonprofit organization. It is usual for social con not for gain motive. In out of date companies act, 1956 section 25 was deals in the same way as nonprofit doling out incorporation. Government of India has made Section 8 company registration to be ended online. So it is great news for you. You get not have to visit our office for you work. You can send us everything documents like sign through emails. We will do everything of your work. You can pay our loan online.