We have the funds for Section 8 Company registration in Nalanda, Non profit organisation registration in Nalanda, Charitable organisation registration in Nalanda. Section 8 company is a not for profit organization.  Not for profit does not aspiration that the section 8 companies cannot generate gain from their business. Section 8 companies are acknowledged for some special purpose. We will have enough money you whatever information just about registration of section 8 company in this article in brief.

Section 8 Company Registration Nalanda

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 supplementary social objects. Profits or donation time-honored by section 8 companies is applied for promoting its objects and no any portion 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 when Trust and society. Central admin has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind taking place the company.  In case of any fraud authenticated 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 different from LLP or usual Private limited companies. A remove license is required to be obtained before concentration by applying to Regional director (RD). For concentration 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 genuine 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 everything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of anything members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent accord 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 anything members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing in imitation of RD.
5. MOA & AOA drafting.
6. 3 years projected P&L bill preparation.
7. Filing of section 8 company.
8. Incorporation authorize issued BY MCA.

Section 8 companies are nonprofit organization. It is expected for social affect not for gain motive. In outmoded companies act, 1956 section 25 was deals like nonprofit organization incorporation. Government of India has made Section 8 company registration to be finished 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 in the melody of sign through emails. We will do anything of your work. You can pay our fee online.