We have the funds for Section 8 Company registration in Akilpur, Non profit organisation registration in Akilpur, Charitable organisation registration in Akilpur. Section 8 company is a not for profit organization.  Not for profit does not goal that the section 8 companies cannot generate gain from their business. Section 8 companies are time-honored for some special purpose. We will present you anything information more or less registration of section 8 company in this article in brief.

Section 8 Company Registration Akilpur

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 customary by section 8 companies is applied for promoting its objects and no any share 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 similar to Trust and society. Central presidency has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind in the works the company.  In engagement of any fraud authenticated 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 vary from LLP or normal Private limited companies. A separate license is required to be obtained before concentration by applying to Regional director (RD). For captivation 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 whatever 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 attainment 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 following RD.
5. MOA & AOA drafting.
6. 3 years projected P&L checking account preparation.
7. Filing of section 8 company.
8. Incorporation sanction issued BY MCA.

Section 8 companies are nonprofit organization. It is normal for social con not for profit motive. In archaic companies act, 1956 section 25 was deals taking into consideration nonprofit executive incorporation. Government of India has made Section 8 company registration to be curtains online. So it is great news for you. You do not have to visit our office for you work. You can send us whatever documents afterward sign through emails. We will do all of your work. You can pay our take forward online.