We meet the expense of Section 8 Company registration in Punpun, Non profit organisation registration in Punpun, Charitable organisation registration in Punpun. Section 8 company is a not for profit organization.  Not for profit does not seek that the section 8 companies cannot generate gain from their business. Section 8 companies are time-honored for some special purpose. We will have enough money you anything information virtually registration of section 8 company in this article in brief.

Section 8 Company Registration Punpun

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 established by section 8 companies is applied for promoting its objects and no any portion 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 taking into consideration Trust and society. Central supervision has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind happening the company.  In dogfight of any fraud legitimate action will be taken by ROC against everything 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 normal Private limited companies. A surgically remove license is required to be obtained before fascination by applying to Regional director (RD). For inclusion 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 everything 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 consent of Office premises.
6. Copy of electricity Bill.
7. Contacts details of anything 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 later than RD.
5. MOA & AOA drafting.
6. 3 years projected P&L checking account preparation.
7. Filing of section 8 company.
8. Incorporation endorse issued BY MCA.

Section 8 companies are nonprofit organization. It is standard for social affect not for gain motive. In out of date companies act, 1956 section 25 was deals in the same way as nonprofit doling out incorporation. Government of India has made Section 8 company registration to be the end 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 afterward sign through emails. We will do whatever of your work. You can pay our progress online.