We provide Section 8 Company registration in Palamu, Non gain organisation registration in Palamu, Charitable organisation registration in Palamu. Section 8 company is a not for profit organization.  Not for gain does not wish that the section 8 companies cannot generate gain from their business. Section 8 companies are normal for some special purpose. We will have the funds for you everything information roughly registration of section 8 company in this article in brief.

Section 8 Company Registration Palamu

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 additional social objects. Profits or donation customary by section 8 companies is applied for promoting its objects and no any allowance 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 bearing in mind Trust and society. Central doling out has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind happening the company.  In prosecution 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 substitute from LLP or usual Private limited companies. A sever license is required to be obtained before engagement 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 everything directors (Up to date).
5. Copy of rent appointment of Office premises.
6. Copy of electricity Bill.
7. Contacts details of all members.

Procedure of Section 8 Company registration

1. Apply for DSC of whatever 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 description preparation.
7. Filing of section 8 company.
8. Incorporation authorize issued BY MCA.

Section 8 companies are nonprofit organization. It is conventional for social pretense not for gain motive. In outdated companies act, 1956 section 25 was deals once nonprofit dealing out incorporation. Government of India has made Section 8 company registration to be curtains online. So it is good news for you. You accomplish not have to visit our office for you work. You can send us everything documents gone sign through emails. We will do all of your work. You can pay our progress online.