We find the maintenance for Section 8 Company registration in Boring Road, Non gain organisation registration in Boring Road, Charitable organisation registration in Boring Road. 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 usual for some special purpose. We will give you all information approximately registration of section 8 company in this article in brief.

Section 8 Company Registration Boring Road

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 time-honored by section 8 companies is applied for promoting its objects and no any ration 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 government has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind stirring the company.  In encounter of any fraud valid 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 rotate from LLP or usual Private limited companies. A remove license is required to be obtained before engagement by applying to Regional director (RD). For incorporation 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 legal 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 all 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 agreement 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 anything members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing like RD.
5. MOA & AOA drafting.
6. 3 years projected P&L story preparation.
7. Filing of section 8 company.
8. Incorporation certificate issued BY MCA.

Section 8 companies are nonprofit organization. It is customary for social play a role not for gain motive. In antiquated companies act, 1956 section 25 was deals in imitation of nonprofit running incorporation. Government of India has made Section 8 company registration to be ended online. So it is great news for you. You attain not have to visit our office for you work. You can send us everything documents in imitation of sign through emails. We will do all of your work. You can pay our spread online.