We provide Section 8 Company registration in Pithoria, Non profit organisation registration in Pithoria, Charitable organisation registration in Pithoria. Section 8 company is a not for gain organization. Not for gain does not objective 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 whatever information practically registration of section 8 company in this article in brief.

Section 8 Company Registration Pithoria
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 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 as soon as Trust and society. Central running has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind taking place the company. In encounter of any fraud real 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 oscillate from LLP or normal Private limited companies. A remove license is required to be obtained before engagement by applying to Regional director (RD). For immersion of section 8 company (private) minimum 2 members is required.
Advantage of Section 8 Company Registration
- Tax benefit.
- For complying CSR activities.
- No minimum capital is required.
- Separate authentic entity.
- Credible as compared to Trust and society.
- No title required.
Documents required for Section 8 Company registration
- Copy of Pan Card of everything Members.
- Copy of aadhar card/ voter ID card/ Passport.
- Photograph of anything members.
- Copy of Bank statements of everything directors (Up to date).
- Copy of rent agreement of Office premises.
- Copy of electricity Bill.
- Contacts details of whatever members.
Procedure of Section 8 Company registration
- Apply for DSC of anything members.
- Preparation of documents.
- Name filing.
- Section 8 company License filing gone RD.
- MOA & AOA drafting.
- 3 years projected P&L description preparation.
- Filing of section 8 company.
- Incorporation sanction issued BY MCA.
Section 8 companies are nonprofit organization. It is traditional for social statute not for gain motive. In dated companies act, 1956 section 25 was deals subsequently nonprofit management incorporation. Government of India has made Section 8 company registration to be over and done with online. So it is good news for you. You do not have to visit our office for you work. You can send us all documents bearing in mind sign through emails. We will do everything of your work. You can pay our fee online.