We allow Section 8 Company registration in Main Road Ranchi, Non profit organisation registration in Main Road Ranchi, Charitable organisation registration in Main Road Ranchi. Section 8 company is a not for profit organization.  Not for gain does not aspire that the section 8 companies cannot generate gain from their business. Section 8 companies are acknowledged for some special purpose. We will present you everything information just about registration of section 8 company in this article in brief.

Section 8 Company Registration Main Road Ranchi

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 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 processing 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 engagement of any fraud legitimate 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 amalgamation by applying to Regional director (RD). For fascination 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 authenticated 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 everything directors (Up to date).
5. Copy of rent agreement of Office premises.
6. Copy of electricity Bill.
7. Contacts details of anything members.

Procedure of Section 8 Company registration

1. Apply for DSC of anything members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing past RD.
5. MOA & AOA drafting.
6. 3 years projected P&L explanation preparation.
7. Filing of section 8 company.
8. Incorporation recognize issued BY MCA.

Section 8 companies are nonprofit organization. It is expected for social pretense not for profit motive. In obsolescent companies act, 1956 section 25 was deals later than nonprofit admin incorporation. Government of India has made Section 8 company registration to be curtains online. So it is great news for you. You complete not have to visit our office for you work. You can send us everything documents once sign through emails. We will do anything of your work. You can pay our move on online.