We offer Section 8 Company registration in Pitwas, Non gain organisation registration in Pitwas, Charitable organisation registration in Pitwas. Section 8 company is a not for gain organization.  Not for gain does not intend 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 about registration of section 8 company in this article in brief.

Section 8 Company Registration Pitwas

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 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 similar to Trust and society. Central direction 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 combat of any fraud genuine action will be taken by ROC against anything 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 usual Private limited companies. A surgically remove license is required to be obtained before combination 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 valid 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 all members.
4. Copy of Bank statements of everything directors (Up to date).
5. Copy of rent accord of Office premises.
6. Copy of electricity Bill.
7. Contacts details of everything 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 bearing in mind RD.
5. MOA & AOA drafting.
6. 3 years projected P&L tally preparation.
7. Filing of section 8 company.
8. Incorporation certificate issued BY MCA.

Section 8 companies are nonprofit organization. It is acknowledged for social statute not for profit motive. In old companies act, 1956 section 25 was deals considering nonprofit running incorporation. Government of India has made Section 8 company registration to be the end online. So it is good news for you. You complete not have to visit our office for you work. You can send us everything documents gone sign through emails. We will do everything of your work. You can pay our early payment online.