We provide Section 8 Company registration in Arwal, Non profit organisation registration in Arwal, Charitable organisation registration in Arwal. Section 8 company is a not for profit organization.  Not for profit does not object that the section 8 companies cannot generate profit from their business. Section 8 companies are acknowledged for some special purpose. We will pay for you anything information virtually registration of section 8 company in this article in brief.

Section 8 Company Registration Arwal

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 normal by section 8 companies is applied for promoting its objects and no any portion 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 next Trust and society. Central management has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind up the company.  In feat 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 exchange from LLP or normal Private limited companies. A separate license is required to be obtained before incorporation 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 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 whatever Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of anything members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent accord 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 everything members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing similar to RD.
5. MOA & AOA drafting.
6. 3 years projected P&L balance preparation.
7. Filing of section 8 company.
8. Incorporation sanction issued BY MCA.

Section 8 companies are nonprofit organization. It is expected for social behave not for profit motive. In archaic companies act, 1956 section 25 was deals when nonprofit executive incorporation. Government of India has made Section 8 company registration to be ended online. So it is good news for you. You pull off not have to visit our office for you work. You can send us everything documents once sign through emails. We will do everything of your work. You can pay our develop online.