We pay for Section 8 Company registration in Budhha Colony, Non gain organisation registration in Budhha Colony, Charitable organisation registration in Budhha Colony. Section 8 company is a not for gain organization. Not for gain does not seek that the section 8 companies cannot generate profit from their business. Section 8 companies are received for some special purpose. We will find the maintenance for you all information approximately registration of section 8 company in this article in brief.

Section 8 Company Registration Budhha Colony
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 other social objects. Profits or donation expected 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 in the same way as Trust and society. Central dispensation has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind occurring the company. In raid of any fraud true 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 exchange from LLP or usual Private limited companies. A sever license is required to be obtained before immersion by applying to Regional director (RD). For immersion 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 real 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 everything members.
- Copy of Bank statements of whatever directors (Up to date).
- Copy of rent agreement of Office premises.
- Copy of electricity Bill.
- Contacts details of whatever members.
Procedure of Section 8 Company registration
- Apply for DSC of everything members.
- Preparation of documents.
- Name filing.
- Section 8 company License filing as soon as RD.
- MOA & AOA drafting.
- 3 years projected P&L savings account preparation.
- Filing of section 8 company.
- Incorporation authorize issued BY MCA.
Section 8 companies are nonprofit organization. It is customary for social play not for profit motive. In passй companies act, 1956 section 25 was deals similar to nonprofit supervision incorporation. Government of India has made Section 8 company registration to be done online. So it is great news for you. You do not have to visit our office for you work. You can send us all documents later sign through emails. We will do anything of your work. You can pay our money stirring front online.