We allow Section 8 Company registration in Chanho, Non gain organisation registration in Chanho, Charitable organisation registration in Chanho. Section 8 company is a not for gain organization.  Not for profit does not seek that the section 8 companies cannot generate profit from their business. Section 8 companies are acknowledged for some special purpose. We will offer you whatever information practically registration of section 8 company in this article in brief.

Section 8 Company Registration Chanho

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 new social objects. Profits or donation customary by section 8 companies is applied for promoting its objects and no any part 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 afterward Trust and society. Central dealing out has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind taking place the company.  In feat of any fraud legal 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 vary from LLP or normal Private limited companies. A surgically remove license is required to be obtained before captivation by applying to Regional director (RD). For amalgamation 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 everything members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent consent of Office premises.
6. Copy of electricity Bill.
7. Contacts details of anything members.

Procedure of Section 8 Company registration

1. Apply for DSC of whatever members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing bearing in mind RD.
5. MOA & AOA drafting.
6. 3 years projected P&L explanation preparation.
7. Filing of section 8 company.
8. Incorporation endorse issued BY MCA.

Section 8 companies are nonprofit organization. It is traditional for social function not for profit motive. In obsolete companies act, 1956 section 25 was deals once nonprofit supervision 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 do not have to visit our office for you work. You can send us everything documents taking into account sign through emails. We will do everything of your work. You can pay our improve online.