We offer Section 8 Company registration in Mithapur, Non gain organisation registration in Mithapur, Charitable organisation registration in Mithapur. Section 8 company is a not for profit organization.  Not for profit does not intend that the section 8 companies cannot generate profit from their business. Section 8 companies are expected for some special purpose. We will allow you all information virtually registration of section 8 company in this article in brief.

Section 8 Company Registration Mithapur

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 further social objects. Profits or donation standard 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 presidency has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind up the company.  In exploit of any fraud legitimate 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 alternative from LLP or normal Private limited companies. A separate license is required to be obtained before engagement by applying to Regional director (RD). For incorporation 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 real 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 whatever directors (Up to date).
5. Copy of rent appointment of Office premises.
6. Copy of electricity Bill.
7. Contacts details of whatever members.

Procedure of Section 8 Company registration

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

Section 8 companies are nonprofit organization. It is expected for social play in not for profit motive. In antiquated companies act, 1956 section 25 was deals later nonprofit presidency incorporation. Government of India has made Section 8 company registration to be ended online. So it is great news for you. You do not have to visit our office for you work. You can send us anything documents following sign through emails. We will do all of your work. You can pay our fee online.