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

Section 8 Company Registration Narkopi

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 new social objects. Profits or donation normal by section 8 companies is applied for promoting its objects and no any ration 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 taking into consideration Trust and society. Central handing out has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind going on the company.  In raid 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 alternative from LLP or usual Private limited companies. A surgically remove license is required to be obtained before fascination 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 authentic 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 taking office 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 anything 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 standard for social piece of legislation not for gain motive. In outdated companies act, 1956 section 25 was deals when 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 accomplish not have to visit our office for you work. You can send us everything documents in the circulate of sign through emails. We will do anything of your work. You can pay our development online.