We offer Section 8 Company registration in Hazaribagh, Non gain organisation registration in Hazaribagh, Charitable organisation registration in Hazaribagh. Section 8 company is a not for profit organization.  Not for profit does not purpose that the section 8 companies cannot generate profit from their business. Section 8 companies are expected for some special purpose. We will manage to pay for you everything information very nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Hazaribagh

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 time-honored by section 8 companies is applied for promoting its objects and no any allowance 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 considering Trust and society. Central supervision has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind in the works the company.  In lawsuit of any fraud genuine action will be taken by ROC against anything officers of the section 8 companies. Section 8 companies either private or may be a public company. Registration process of Section 8 companies is interchange from LLP or normal Private limited companies. A separate license is required to be obtained before fascination 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 valid 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 anything directors (Up to date).
5. Copy of rent appointment of Office premises.
6. Copy of electricity Bill.
7. Contacts details of all 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 description preparation.
7. Filing of section 8 company.
8. Incorporation certify issued BY MCA.

Section 8 companies are nonprofit organization. It is acknowledged for social exploit not for gain motive. In dated companies act, 1956 section 25 was deals following nonprofit meting out incorporation. Government of India has made Section 8 company registration to be curtains online. So it is good news for you. You get not have to visit our office for you work. You can send us all documents past sign through emails. We will do whatever of your work. You can pay our forward movement online.