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

Section 8 Company Registration Dhanbad

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 standard by section 8 companies is applied for promoting its objects and no any ration 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 bearing in mind Trust and society. Central running has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind up the company.  In fighting of any fraud genuine action will be taken by ROC against whatever 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 immersion by applying to Regional director (RD). For incorporation 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 genuine 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 everything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of everything members.
4. Copy of Bank statements of anything directors (Up to date).
5. Copy of rent agreement of Office premises.
6. Copy of electricity Bill.
7. Contacts details of everything 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 when RD.
5. MOA & AOA drafting.
6. 3 years projected P&L bill preparation.
7. Filing of section 8 company.
8. Incorporation certify issued BY MCA.

Section 8 companies are nonprofit organization. It is time-honored for social acquit yourself not for profit motive. In out of date companies act, 1956 section 25 was deals with nonprofit organization incorporation. Government of India has made Section 8 company registration to be curtains online. So it is great news for you. You get not have to visit our office for you work. You can send us everything documents afterward sign through emails. We will do all of your work. You can pay our increase online.