We allow Section 8 Company registration in Ghoswari, Non profit organisation registration in Ghoswari, Charitable organisation registration in Ghoswari. Section 8 company is a not for profit organization.  Not for profit does not ambition that the section 8 companies cannot generate profit from their business. Section 8 companies are conventional for some special purpose. We will present you anything information approximately registration of section 8 company in this article in brief.

Section 8 Company Registration Ghoswari

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 other social objects. Profits or donation usual by section 8 companies is applied for promoting its objects and no any part 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 gone Trust and society. Central giving out has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind stirring the company.  In combat of any fraud legal 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 alternative from LLP or normal Private limited companies. A sever license is required to be obtained before assimilation by applying to Regional director (RD). For concentration 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 legitimate 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 anything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of anything members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent consent 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 once RD.
5. MOA & AOA drafting.
6. 3 years projected P&L bank account preparation.
7. Filing of section 8 company.
8. Incorporation certify issued BY MCA.

Section 8 companies are nonprofit organization. It is usual for social work not for profit motive. In outdated companies act, 1956 section 25 was deals bearing in mind nonprofit giving 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 anything of your work. You can pay our forward movement online.