We pay for Section 8 Company registration in Giridih, Non gain organisation registration in Giridih, Charitable organisation registration in Giridih. Section 8 company is a not for gain organization. Not for gain does not intention that the section 8 companies cannot generate profit from their business. Section 8 companies are established for some special purpose. We will offer you whatever information roughly registration of section 8 company in this article in brief.

Section 8 Company Registration Giridih
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 additional social objects. Profits or donation established by section 8 companies is applied for promoting its objects and no any share 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 later Trust and society. Central meting out 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 battle of any fraud real 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 every other from LLP or normal Private limited companies. A separate license is required to be obtained before raptness by applying to Regional director (RD). For concentration of section 8 company (private) minimum 2 members is required.
Advantage of Section 8 Company Registration
- Tax benefit.
- For complying CSR activities.
- No minimum capital is required.
- Separate legal entity.
- Credible as compared to Trust and society.
- No title required.
Documents required for Section 8 Company registration
- Copy of Pan Card of all Members.
- Copy of aadhar card/ voter ID card/ Passport.
- Photograph of all members.
- Copy of Bank statements of all directors (Up to date).
- Copy of rent attainment of Office premises.
- Copy of electricity Bill.
- Contacts details of all members.
Procedure of Section 8 Company registration
- Apply for DSC of anything members.
- Preparation of documents.
- Name filing.
- Section 8 company License filing later RD.
- MOA & AOA drafting.
- 3 years projected P&L story preparation.
- Filing of section 8 company.
- Incorporation certify issued BY MCA.
Section 8 companies are nonprofit organization. It is received for social enactment not for gain motive. In old companies act, 1956 section 25 was deals in the same way as nonprofit dispensation incorporation. Government of India has made Section 8 company registration to be ended online. So it is great news for you. You pull off not have to visit our office for you work. You can send us all documents later sign through emails. We will do anything of your work. You can pay our evolve online.