We offer Section 8 Company registration in Banka, Non profit organisation registration in Banka, Charitable organisation registration in Banka. Section 8 company is a not for gain organization.  Not for gain does not intention that the section 8 companies cannot generate gain from their business. Section 8 companies are customary for some special purpose. We will come stirring with the money for you everything information nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Banka

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 extra social objects. Profits or donation normal by section 8 companies is applied for promoting its objects and no any part 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 as soon as Trust and society. Central dispensation has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind taking place the company.  In court case of any fraud real 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 alternating from LLP or normal Private limited companies. A surgically remove license is required to be obtained before incorporation by applying to Regional director (RD). For combination 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 genuine 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 everything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of whatever members.
4. Copy of Bank statements of whatever directors (Up to date).
5. Copy of rent concurrence of Office premises.
6. Copy of electricity Bill.
7. Contacts details of everything 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 in the make public of RD.
5. MOA & AOA drafting.
6. 3 years projected P&L tab preparation.
7. Filing of section 8 company.
8. Incorporation certificate issued BY MCA.

Section 8 companies are nonprofit organization. It is traditional for social take effect not for profit motive. In obsolete companies act, 1956 section 25 was deals next nonprofit government 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 anything documents similar to sign through emails. We will do whatever of your work. You can pay our progress online.