We meet the expense of Section 8 Company registration in Kadam Kuan, Non profit organisation registration in Kadam Kuan, Charitable organisation registration in Kadam Kuan. Section 8 company is a not for profit organization.  Not for profit does not take aim that the section 8 companies cannot generate profit from their business. Section 8 companies are acknowledged for some special purpose. We will manage to pay for you whatever information nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Kadam Kuan

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 share 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 like 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 going on the company.  In achievement of any fraud legitimate 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 oscillate from LLP or normal Private limited companies. A cut off license is required to be obtained before engagement by applying to Regional director (RD). For combination 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 real 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 all Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of whatever members.
4. Copy of Bank statements of whatever directors (Up to date).
5. Copy of rent taking over of Office premises.
6. Copy of electricity Bill.
7. Contacts details of all 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 with RD.
5. MOA & AOA drafting.
6. 3 years projected P&L relation preparation.
7. Filing of section 8 company.
8. Incorporation certify issued BY MCA.

Section 8 companies are nonprofit organization. It is time-honored for social play in not for profit motive. In antiquated companies act, 1956 section 25 was deals in the same way as nonprofit executive 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 complete not have to visit our office for you work. You can send us anything documents similar to sign through emails. We will do whatever of your work. You can pay our fee online.