We offer Section 8 Company registration in Chutia, Non profit organisation registration in Chutia, Charitable organisation registration in Chutia. Section 8 company is a not for profit organization.  Not for gain does not point that the section 8 companies cannot generate profit from their business. Section 8 companies are normal for some special purpose. We will come happening with the allowance for you anything information not quite registration of section 8 company in this article in brief.

Section 8 Company Registration Chutia

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 acknowledged by section 8 companies is applied for promoting its objects and no any share 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 similar to Trust and society. Central management has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind happening the company.  In engagement of any fraud legitimate 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 swap from LLP or usual Private limited companies. A separate license is required to be obtained before interest 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 authenticated 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 all 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 whatever 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 tally preparation.
7. Filing of section 8 company.
8. Incorporation sanction issued BY MCA.

Section 8 companies are nonprofit organization. It is normal for social play-act not for gain motive. In dated companies act, 1956 section 25 was deals afterward nonprofit dealing out incorporation. Government of India has made Section 8 company registration to be curtains online. So it is great news for you. You realize not have to visit our office for you work. You can send us whatever documents next sign through emails. We will do everything of your work. You can pay our progress online.