We find the maintenance for Section 8 Company registration in Gaya, Non profit organisation registration in Gaya, Charitable organisation registration in Gaya. Section 8 company is a not for profit organization.  Not for profit does not target that the section 8 companies cannot generate profit from their business. Section 8 companies are received for some special purpose. We will meet the expense of you whatever information virtually registration of section 8 company in this article in brief.

Section 8 Company Registration Gaya

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 conventional by section 8 companies is applied for promoting its objects and no any allowance 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 like Trust and society. Central processing has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind taking place the company.  In lawsuit of any fraud legal action will be taken by ROC against all officers of the section 8 companies. Section 8 companies either private or may be a public company. Registration process of Section 8 companies is every other from LLP or normal Private limited companies. A separate license is required to be obtained before concentration by applying to Regional director (RD). For engagement 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 true 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 anything members.
4. Copy of Bank statements of whatever 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 all members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing later RD.
5. MOA & AOA drafting.
6. 3 years projected P&L tally preparation.
7. Filing of section 8 company.
8. Incorporation certify issued BY MCA.

Section 8 companies are nonprofit organization. It is conventional for social work not for gain motive. In antiquated companies act, 1956 section 25 was deals when nonprofit presidency incorporation. Government of India has made Section 8 company registration to be done online. So it is great news for you. You complete not have to visit our office for you work. You can send us all documents considering sign through emails. We will do everything of your work. You can pay our improve online.