We have enough money Section 8 Company registration in Mahendru, Non gain organisation registration in Mahendru, Charitable organisation registration in Mahendru. Section 8 company is a not for gain organization.  Not for gain does not aspiration that the section 8 companies cannot generate gain from their business. Section 8 companies are received for some special purpose. We will provide you whatever information more or less registration of section 8 company in this article in brief.

Section 8 Company Registration Mahendru

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 when Trust and society. Central supervision 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 charge of any fraud authenticated action will be taken by ROC against all 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 separate license is required to be obtained before fascination by applying to Regional director (RD). For raptness 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 genuine 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 all directors (Up to date).
5. Copy of rent consent 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 all members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing considering RD.
5. MOA & AOA drafting.
6. 3 years projected P&L checking account preparation.
7. Filing of section 8 company.
8. Incorporation endorse issued BY MCA.

Section 8 companies are nonprofit organization. It is expected for social work not for profit motive. In obsolete companies act, 1956 section 25 was deals next nonprofit doling out incorporation. Government of India has made Section 8 company registration to be the end online. So it is great news for you. You attain not have to visit our office for you work. You can send us all documents gone sign through emails. We will do all of your work. You can pay our improvement online.