We offer Section 8 Company registration in Sri Krishna Puri, Non gain organisation registration in Sri Krishna Puri, Charitable organisation registration in Sri Krishna Puri. Section 8 company is a not for gain organization.  Not for profit does not purpose 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 anything information about registration of section 8 company in this article in brief.

Section 8 Company Registration Sri Krishna Puri

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 new social objects. Profits or donation received by section 8 companies is applied for promoting its objects and no any ration 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 afterward Trust and society. Central processing has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind going on the company.  In stroke of any fraud true 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 stand-in from LLP or usual Private limited companies. A sever license is required to be obtained before captivation 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 legitimate 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 anything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of whatever members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent appointment 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 all members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing as soon as RD.
5. MOA & AOA drafting.
6. 3 years projected P&L financial credit preparation.
7. Filing of section 8 company.
8. Incorporation recognize issued BY MCA.

Section 8 companies are nonprofit organization. It is traditional for social action not for gain motive. In old-fashioned companies act, 1956 section 25 was deals following nonprofit giving out incorporation. Government of India has made Section 8 company registration to be curtains online. So it is good news for you. You reach not have to visit our office for you work. You can send us anything documents once sign through emails. We will do all of your work. You can pay our momentum online.