We find the maintenance for Section 8 Company registration in Bihar, Non profit organisation registration in Bihar, Charitable organisation registration in Bihar. Section 8 company is a not for gain organization. Not for profit does not want that the section 8 companies cannot generate gain from their business. Section 8 companies are expected for some special purpose. We will find the child maintenance for you whatever information very nearly registration of section 8 company in this article in brief.

Section 8 Company Registration Bihar
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 standard by section 8 companies is applied for promoting its objects and no any portion 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 in the same way as Trust and society. Central executive has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind stirring the company. In skirmish of any fraud authenticated 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 different from LLP or normal Private limited companies. A separate license is required to be obtained before combination by applying to Regional director (RD). For inclusion of section 8 company (private) minimum 2 members is required.
Advantage of Section 8 Company Registration
- Tax benefit.
- For complying CSR activities.
- No minimum capital is required.
- Separate legitimate entity.
- Credible as compared to Trust and society.
- No title required.
Documents required for Section 8 Company registration
- Copy of Pan Card of whatever Members.
- Copy of aadhar card/ voter ID card/ Passport.
- Photograph of anything members.
- Copy of Bank statements of whatever directors (Up to date).
- Copy of rent agreement of Office premises.
- Copy of electricity Bill.
- Contacts details of anything members.
Procedure of Section 8 Company registration
- Apply for DSC of whatever members.
- Preparation of documents.
- Name filing.
- Section 8 company License filing in the manner of RD.
- MOA & AOA drafting.
- 3 years projected P&L tab preparation.
- Filing of section 8 company.
- Incorporation recognize issued BY MCA.
Section 8 companies are nonprofit organization. It is established for social play-act not for profit motive. In old companies act, 1956 section 25 was deals gone nonprofit dealing out incorporation. Government of India has made Section 8 company registration to be done online. So it is good news for you. You attain not have to visit our office for you work. You can send us all documents taking into account sign through emails. We will do whatever of your work. You can pay our improvement online.