We have the funds for Section 8 Company registration in Lalpur, Non profit organisation registration in Lalpur, Charitable organisation registration in Lalpur. Section 8 company is a not for profit organization.  Not for profit does not intention that the section 8 companies cannot generate profit from their business. Section 8 companies are usual for some special purpose. We will give you everything information practically registration of section 8 company in this article in brief.

Section 8 Company Registration Lalpur

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 extra social objects. Profits or donation received by section 8 companies is applied for promoting its objects and no any allocation 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 management 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 battle of any fraud legal action will be taken by ROC against anything officers of the section 8 companies. Section 8 companies either private or may be a public company. Registration process of Section 8 companies is alternating from LLP or usual Private limited companies. A cut off license is required to be obtained before captivation by applying to Regional director (RD). For engagement 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 real 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 everything 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 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 bearing in mind RD.
5. MOA & AOA drafting.
6. 3 years projected P&L story preparation.
7. Filing of section 8 company.
8. Incorporation endorse issued BY MCA.

Section 8 companies are nonprofit organization. It is usual for social enactment not for profit motive. In old companies act, 1956 section 25 was deals subsequently nonprofit paperwork 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 get not have to visit our office for you work. You can send us anything documents taking into account sign through emails. We will do anything of your work. You can pay our progress online.