We offer Section 8 Company registration in Aurangabad, Non gain organisation registration in Aurangabad, Charitable organisation registration in Aurangabad. Section 8 company is a not for profit organization.  Not for profit does not want that the section 8 companies cannot generate profit from their business. Section 8 companies are usual for some special purpose. We will offer you anything information just about registration of section 8 company in this article in brief.

Section 8 Company Registration Aurangabad

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 normal by section 8 companies is applied for promoting its objects and no any ration 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 direction 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 feat of any fraud authentic action will be taken by ROC against everything officers of the section 8 companies. Section 8 companies either private or may be a public company. Registration process of Section 8 companies is interchange from LLP or normal Private limited companies. A sever license is required to be obtained before fascination by applying to Regional director (RD). For assimilation 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 authenticated 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 anything members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent consent 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 whatever members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing considering RD.
5. MOA & AOA drafting.
6. 3 years projected P&L relation preparation.
7. Filing of section 8 company.
8. Incorporation endorse issued BY MCA.

Section 8 companies are nonprofit organization. It is time-honored for social function not for profit motive. In out of date companies act, 1956 section 25 was deals bearing in mind nonprofit dispensation incorporation. Government of India has made Section 8 company registration to be over and done with online. So it is good news for you. You do not have to visit our office for you work. You can send us all documents bearing in mind sign through emails. We will do whatever of your work. You can pay our momentum online.