We present Section 8 Company registration in Barh Patna, Non gain organisation registration in Barh Patna, Charitable organisation registration in Barh Patna. Section 8 company is a not for gain organization.  Not for gain does not wish that the section 8 companies cannot generate profit from their business. Section 8 companies are acknowledged for some special purpose. We will offer you all information very nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Barh Patna

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 standard 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 with 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 going on the company.  In skirmish of any fraud authentic 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 stand-in from LLP or usual Private limited companies. A surgically remove license is required to be obtained before inclusion by applying to Regional director (RD). For fascination 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 whatever 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 all 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 explanation preparation.
7. Filing of section 8 company.
8. Incorporation authorize issued BY MCA.

Section 8 companies are nonprofit organization. It is acknowledged for social play-act not for gain motive. In archaic companies act, 1956 section 25 was deals taking into account nonprofit handing out incorporation. Government of India has made Section 8 company registration to be done online. So it is great news for you. You attain not have to visit our office for you work. You can send us whatever documents in imitation of sign through emails. We will do all of your work. You can pay our increase online.