We offer Section 8 Company registration in Kankarbagh, Non gain organisation registration in Kankarbagh, Charitable organisation registration in Kankarbagh. Section 8 company is a not for profit organization.  Not for gain does not objective that the section 8 companies cannot generate gain from their business. Section 8 companies are standard for some special purpose. We will find the grant for you anything information virtually registration of section 8 company in this article in brief.

Section 8 Company Registration Kankarbagh

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 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 with Trust and society. Central paperwork has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind in the works the company.  In lawsuit of any fraud legitimate 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 oscillate 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 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 everything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of anything members.
4. Copy of Bank statements of everything directors (Up to date).
5. Copy of rent taking over of Office premises.
6. Copy of electricity Bill.
7. Contacts details of all 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 taking into consideration RD.
5. MOA & AOA drafting.
6. 3 years projected P&L credit preparation.
7. Filing of section 8 company.
8. Incorporation sanction issued BY MCA.

Section 8 companies are nonprofit organization. It is expected for social law not for profit motive. In dated companies act, 1956 section 25 was deals bearing in mind nonprofit doling out incorporation. Government of India has made Section 8 company registration to be over and done with online. So it is great news for you. You attain not have to visit our office for you work. You can send us whatever documents like sign through emails. We will do everything of your work. You can pay our fee online.