We manage to pay for Section 8 Company registration in Bakhtiyarpur, Non profit organisation registration in Bakhtiyarpur, Charitable organisation registration in Bakhtiyarpur. Section 8 company is a not for gain organization.  Not for profit does not target that the section 8 companies cannot generate gain from their business. Section 8 companies are customary for some special purpose. We will manage to pay for you all information very nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Bakhtiyarpur

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 customary by section 8 companies is applied for promoting its objects and no any allocation 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 next Trust and society. Central presidency has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind going on the company.  In warfare of any fraud valid 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 swap from LLP or usual Private limited companies. A surgically remove license is required to be obtained before captivation by applying to Regional director (RD). For captivation 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 all members.
4. Copy of Bank statements of whatever directors (Up to date).
5. Copy of rent accord 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 everything members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing taking into account RD.
5. MOA & AOA drafting.
6. 3 years projected P&L balance preparation.
7. Filing of section 8 company.
8. Incorporation endorse issued BY MCA.

Section 8 companies are nonprofit organization. It is customary for social work not for profit motive. In outdated companies act, 1956 section 25 was deals bearing in mind nonprofit executive incorporation. Government of India has made Section 8 company registration to be the end online. So it is great news for you. You reach not have to visit our office for you work. You can send us whatever documents similar to sign through emails. We will do everything of your work. You can pay our further online.