We have the funds for Section 8 Company registration in Kokar, Non profit organisation registration in Kokar, Charitable organisation registration in Kokar. Section 8 company is a not for profit organization. Not for profit does not plan that the section 8 companies cannot generate profit from their business. Section 8 companies are traditional for some special purpose. We will come happening with the child support for you anything information virtually registration of section 8 company in this article in brief.

Section 8 Company Registration Kokar
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 normal by section 8 companies is applied for promoting its objects and no any allocation 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 next Trust and society. Central organization has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind going on the company. In act of any fraud valid 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 swing from LLP or usual Private limited companies. A sever license is required to be obtained before interest by applying to Regional director (RD). For fascination 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 authentic entity.
- Credible as compared to Trust and society.
- No title required.
Documents required for Section 8 Company registration
- Copy of Pan Card of everything Members.
- Copy of aadhar card/ voter ID card/ Passport.
- Photograph of everything members.
- Copy of Bank statements of all directors (Up to date).
- Copy of rent accord 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 with RD.
- MOA & AOA drafting.
- 3 years projected P&L checking account preparation.
- Filing of section 8 company.
- Incorporation sanction issued BY MCA.
Section 8 companies are nonprofit organization. It is established for social operate not for gain motive. In obsolete companies act, 1956 section 25 was deals subsequently nonprofit dispensation incorporation. Government of India has made Section 8 company registration to be ended online. So it is good news for you. You get not have to visit our office for you work. You can send us whatever documents as soon as sign through emails. We will do all of your work. You can pay our money in the works front online.