We have the funds for Section 8 Company registration in Araria, Non profit organisation registration in Araria, Charitable organisation registration in Araria. Section 8 company is a not for gain organization.  Not for profit does not objective that the section 8 companies cannot generate profit from their business. Section 8 companies are acknowledged for some special purpose. We will offer you whatever information more or less registration of section 8 company in this article in brief.

Section 8 Company Registration Araria

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 further social objects. Profits or donation received by section 8 companies is applied for promoting its objects and no any part 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 subsequent to Trust and society. Central organization 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 war of any fraud real 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 exchange from LLP or usual Private limited companies. A surgically remove license is required to be obtained before immersion 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 legal 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 everything 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 whatever 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 past RD.
5. MOA & AOA drafting.
6. 3 years projected P&L description preparation.
7. Filing of section 8 company.
8. Incorporation recognize issued BY MCA.

Section 8 companies are nonprofit organization. It is time-honored for social be in not for profit motive. In outdated companies act, 1956 section 25 was deals subsequently nonprofit meting out incorporation. Government of India has made Section 8 company registration to be ended online. So it is great news for you. You accomplish not have to visit our office for you work. You can send us anything documents gone sign through emails. We will do whatever of your work. You can pay our money happening front online.