We have enough money Section 8 Company registration in Lower Bazaar, Non gain organisation registration in Lower Bazaar, Charitable organisation registration in Lower Bazaar. Section 8 company is a not for profit organization.  Not for gain does not aspiration that the section 8 companies cannot generate gain from their business. Section 8 companies are customary for some special purpose. We will allow you everything information approximately registration of section 8 company in this article in brief.

Section 8 Company Registration Lower Bazaar

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 normal 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 like Trust and society. Central dealing out has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind occurring the company.  In proceedings of any fraud authentic 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 substitute from LLP or normal Private limited companies. A separate license is required to be obtained before interest by applying to Regional director (RD). For fascination 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 everything 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 accord of Office premises.
6. Copy of electricity Bill.
7. Contacts details of whatever 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 story preparation.
7. Filing of section 8 company.
8. Incorporation sanction issued BY MCA.

Section 8 companies are nonprofit organization. It is time-honored for social play in not for gain motive. In passй companies act, 1956 section 25 was deals following nonprofit government 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 anything documents gone sign through emails. We will do anything of your work. You can pay our go ahead online.