We meet the expense of Section 8 Company registration in Bettiah, Non profit organisation registration in Bettiah, Charitable organisation registration in Bettiah. Section 8 company is a not for gain organization.  Not for gain does not purpose that the section 8 companies cannot generate gain from their business. Section 8 companies are received for some special purpose. We will come occurring with the allowance for you whatever information not quite registration of section 8 company in this article in brief.

Section 8 Company Registration Bettiah

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 part 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 afterward 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 going on the company.  In raid of any fraud valid 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 stand-in from LLP or usual Private limited companies. A cut off license is required to be obtained before engagement 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 legitimate 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 anything members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent taking over 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 all members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing subsequently RD.
5. MOA & AOA drafting.
6. 3 years projected P&L version preparation.
7. Filing of section 8 company.
8. Incorporation recognize issued BY MCA.

Section 8 companies are nonprofit organization. It is established for social affect not for gain motive. In obsolete companies act, 1956 section 25 was deals as soon as nonprofit government incorporation. Government of India has made Section 8 company registration to be done online. So it is great news for you. You realize not have to visit our office for you work. You can send us everything documents gone sign through emails. We will do whatever of your work. You can pay our enhancement online.