We allow Section 8 Company registration in Masaudhi, Non gain organisation registration in Masaudhi, Charitable organisation registration in Masaudhi. Section 8 company is a not for profit organization.  Not for gain does not point toward that the section 8 companies cannot generate gain from their business. Section 8 companies are usual for some special purpose. We will have the funds for you anything information approximately registration of section 8 company in this article in brief.

Section 8 Company Registration Masaudhi

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 share 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 government has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind up the company.  In fighting of any fraud authenticated 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 every second from LLP or normal Private limited companies. A separate license is required to be obtained before incorporation by applying to Regional director (RD). For interest 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 valid 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 whatever 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 attainment of Office premises.
6. Copy of electricity Bill.
7. Contacts details of everything members.

Procedure of Section 8 Company registration

1. Apply for DSC of everything 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 version preparation.
7. Filing of section 8 company.
8. Incorporation certify issued BY MCA.

Section 8 companies are nonprofit organization. It is usual for social affect not for profit motive. In old companies act, 1956 section 25 was deals following nonprofit dealing 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 everything documents taking into consideration sign through emails. We will do all of your work. You can pay our proceed online.