We manage to pay for Section 8 Company registration in Munger, Non gain organisation registration in Munger, Charitable organisation registration in Munger. Section 8 company is a not for gain organization.  Not for profit does not target that the section 8 companies cannot generate gain from their business. Section 8 companies are customary for some special purpose. We will provide you all information approximately registration of section 8 company in this article in brief.

Section 8 Company Registration Munger

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 extra social objects. Profits or donation received by section 8 companies is applied for promoting its objects and no any ration 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 in the same way as Trust and society. Central management 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 conflict of any fraud genuine 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 swap from LLP or usual Private limited companies. A surgically remove license is required to be obtained before inclusion by applying to Regional director (RD). For captivation 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 legitimate 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 everything directors (Up to date).
5. Copy of rent consent 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 taking into account RD.
5. MOA & AOA drafting.
6. 3 years projected P&L description preparation.
7. Filing of section 8 company.
8. Incorporation authorize issued BY MCA.

Section 8 companies are nonprofit organization. It is acknowledged for social work not for gain motive. In passй companies act, 1956 section 25 was deals gone nonprofit handing out incorporation. Government of India has made Section 8 company registration to be curtains 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 considering sign through emails. We will do whatever of your work. You can pay our onslaught online.