We find the maintenance for Section 8 Company registration in Athmalgola, Non gain organisation registration in Athmalgola, Charitable organisation registration in Athmalgola. Section 8 company is a not for gain organization.  Not for profit does not goal that the section 8 companies cannot generate gain from their business. Section 8 companies are established for some special purpose. We will present you anything information virtually registration of section 8 company in this article in brief.

Section 8 Company Registration Athmalgola

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 other social objects. Profits or donation traditional by section 8 companies is applied for promoting its objects and no any allowance 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 once Trust and society. Central meting out has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind occurring the company.  In case of any fraud valid 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 substitute from LLP or normal Private limited companies. A sever license is required to be obtained before amalgamation by applying to Regional director (RD). For raptness 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 real 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 all Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of everything members.
4. Copy of Bank statements of whatever directors (Up to date).
5. Copy of rent taking office of Office premises.
6. Copy of electricity Bill.
7. Contacts details of all 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 following RD.
5. MOA & AOA drafting.
6. 3 years projected P&L tally preparation.
7. Filing of section 8 company.
8. Incorporation authorize issued BY MCA.

Section 8 companies are nonprofit organization. It is established for social accomplishment not for profit motive. In passй companies act, 1956 section 25 was deals once nonprofit dispensation incorporation. Government of India has made Section 8 company registration to be the end online. So it is good news for you. You accomplish not have to visit our office for you work. You can send us anything documents taking into account sign through emails. We will do all of your work. You can pay our early payment online.