We give Section 8 Company registration in Shastrinagar, Non profit organisation registration in Shastrinagar, Charitable organisation registration in Shastrinagar. Section 8 company is a not for profit organization.  Not for profit does not set sights on that the section 8 companies cannot generate profit from their business. Section 8 companies are expected for some special purpose. We will have the funds for you whatever information just about registration of section 8 company in this article in brief.

Section 8 Company Registration Shastrinagar

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 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 afterward Trust and society. Central organization has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind going on the company.  In feat of any fraud authentic 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 interchange from LLP or normal Private limited companies. A cut off license is required to be obtained before concentration by applying to Regional director (RD). For combination 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 anything members.
4. Copy of Bank statements of anything directors (Up to date).
5. Copy of rent consent 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 everything members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing taking into account RD.
5. MOA & AOA drafting.
6. 3 years projected P&L bill preparation.
7. Filing of section 8 company.
8. Incorporation endorse issued BY MCA.

Section 8 companies are nonprofit organization. It is usual for social appear in not for profit motive. In out of date companies act, 1956 section 25 was deals subsequently nonprofit dealing out incorporation. Government of India has made Section 8 company registration to be finished online. So it is good news for you. You complete not have to visit our office for you work. You can send us all documents considering sign through emails. We will do whatever of your work. You can pay our forward movement online.