We meet the expense of Section 8 Company registration in Exhibition Road, Non profit organisation registration in Exhibition Road, Charitable organisation registration in Exhibition Road. Section 8 company is a not for gain organization.  Not for profit does not point toward that the section 8 companies cannot generate profit from their business. Section 8 companies are acknowledged for some special purpose. We will find the keep for you whatever information practically registration of section 8 company in this article in brief.

Section 8 Company Registration Exhibition 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 supplementary social objects. Profits or donation expected 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 bearing in mind Trust and society. Central running has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind occurring the company.  In skirmish of any fraud real 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 swing from LLP or normal Private limited companies. A remove license is required to be obtained before fascination by applying to Regional director (RD). For amalgamation 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 true 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 everything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of all members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent appointment of Office premises.
6. Copy of electricity Bill.
7. Contacts details of anything 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 afterward RD.
5. MOA & AOA drafting.
6. 3 years projected P&L description preparation.
7. Filing of section 8 company.
8. Incorporation certificate issued BY MCA.

Section 8 companies are nonprofit organization. It is acknowledged for social discharge duty not for gain motive. In old companies act, 1956 section 25 was deals similar to nonprofit paperwork 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 anything documents taking into account sign through emails. We will do all of your work. You can pay our early payment online.