We present Section 8 Company registration in Jaganpura, Non gain organisation registration in Jaganpura, Charitable organisation registration in Jaganpura. Section 8 company is a not for gain organization. Not for gain does not object that the section 8 companies cannot generate gain from their business. Section 8 companies are expected for some special purpose. We will present you everything information about registration of section 8 company in this article in brief.

Section 8 Company Registration Jaganpura
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 established by section 8 companies is applied for promoting its objects and no any portion 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 government 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 case 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 substitute from LLP or usual Private limited companies. A surgically remove license is required to be obtained before interest by applying to Regional director (RD). For amalgamation 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 genuine entity.
- Credible as compared to Trust and society.
- No title required.
Documents required for Section 8 Company registration
- Copy of Pan Card of all Members.
- Copy of aadhar card/ voter ID card/ Passport.
- Photograph of whatever members.
- Copy of Bank statements of whatever directors (Up to date).
- Copy of rent consent of Office premises.
- Copy of electricity Bill.
- Contacts details of everything members.
Procedure of Section 8 Company registration
- Apply for DSC of all members.
- Preparation of documents.
- Name filing.
- Section 8 company License filing gone RD.
- MOA & AOA drafting.
- 3 years projected P&L report preparation.
- Filing of section 8 company.
- Incorporation sanction issued BY MCA.
Section 8 companies are nonprofit organization. It is established for social accomplish not for gain motive. In obsolete companies act, 1956 section 25 was deals similar to 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 do not have to visit our office for you work. You can send us whatever documents like sign through emails. We will do anything of your work. You can pay our press forward online.