We pay for Section 8 Company registration in East Singhbhum, Non profit organisation registration in East Singhbhum, Charitable organisation registration in East Singhbhum. Section 8 company is a not for profit organization.  Not for gain does not intention that the section 8 companies cannot generate profit from their business. Section 8 companies are usual for some special purpose. We will give you anything information very nearly registration of section 8 company in this article in brief.

Section 8 Company Registration East Singhbhum

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 expected 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 in the impression of 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 charge of any fraud real 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 usual Private limited companies. A separate license is required to be obtained before engagement by applying to Regional director (RD). For raptness 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 legal 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 whatever members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent succession of Office premises.
6. Copy of electricity Bill.
7. Contacts details of whatever members.

Procedure of Section 8 Company registration

1. Apply for DSC of all members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing subsequently RD.
5. MOA & AOA drafting.
6. 3 years projected P&L checking account preparation.
7. Filing of section 8 company.
8. Incorporation authorize issued BY MCA.

Section 8 companies are nonprofit organization. It is traditional for social conduct yourself not for gain motive. In antiquated companies act, 1956 section 25 was deals in the heavens of nonprofit organization incorporation. Government of India has made Section 8 company registration to be ended online. So it is good news for you. You pull off not have to visit our office for you work. You can send us whatever documents like sign through emails. We will do whatever of your work. You can pay our increase online.