We have enough money Section 8 Company registration in Gardanibag, Non gain organisation registration in Gardanibag, Charitable organisation registration in Gardanibag. 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 customary for some special purpose. We will provide you anything information very nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Gardanibag

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 customary 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 later Trust and society. Central government has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind up the company.  In encounter 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 oscillate from LLP or usual Private limited companies. A cut off license is required to be obtained before captivation by applying to Regional director (RD). For fascination 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 everything members.
4. Copy of Bank statements of everything directors (Up to date).
5. Copy of rent accord 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 anything members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing following RD.
5. MOA & AOA drafting.
6. 3 years projected P&L savings account preparation.
7. Filing of section 8 company.
8. Incorporation authorize issued BY MCA.

Section 8 companies are nonprofit organization. It is established for social ham it up not for profit motive. In antiquated companies act, 1956 section 25 was deals as soon as 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 accomplish not have to visit our office for you work. You can send us whatever documents bearing in mind sign through emails. We will do everything of your work. You can pay our progress online.