We come happening with the child support for Section 8 Company registration in Belchi, Non gain organisation registration in Belchi, Charitable organisation registration in Belchi. Section 8 company is a not for gain organization.  Not for gain does not objective that the section 8 companies cannot generate gain from their business. Section 8 companies are time-honored for some special purpose. We will manage to pay for you all information very nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Belchi

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 further social objects. Profits or donation usual by section 8 companies is applied for promoting its objects and no any share 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 when Trust and society. Central admin has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind happening the company.  In battle of any fraud legal action will be taken by ROC against whatever officers of the section 8 companies. Section 8 companies either private or may be a public company. Registration process of Section 8 companies is different from LLP or usual Private limited companies. A separate license is required to be obtained before raptness 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 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 whatever Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of whatever members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent concurrence 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 next RD.
5. MOA & AOA drafting.
6. 3 years projected P&L bank account preparation.
7. Filing of section 8 company.
8. Incorporation sanction issued BY MCA.

Section 8 companies are nonprofit organization. It is normal for social play in not for gain motive. In passй companies act, 1956 section 25 was deals gone nonprofit doling out 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 everything documents when sign through emails. We will do everything of your work. You can pay our go forward online.