We present Section 8 Company registration in New Jakkanpur, Non profit organisation registration in New Jakkanpur, Charitable organisation registration in New Jakkanpur. Section 8 company is a not for gain organization.  Not for profit does not try that the section 8 companies cannot generate profit from their business. Section 8 companies are customary for some special purpose. We will have the funds for you whatever information roughly registration of section 8 company in this article in brief.

Section 8 Company Registration New Jakkanpur

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 additional social objects. Profits or donation established 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 government 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 prosecution of any fraud genuine 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 oscillate from LLP or usual Private limited companies. A sever 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 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 anything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of anything members.
4. Copy of Bank statements of whatever directors (Up to date).
5. Copy of rent taking over 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 anything members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing past RD.
5. MOA & AOA drafting.
6. 3 years projected P&L bill preparation.
7. Filing of section 8 company.
8. Incorporation recognize issued BY MCA.

Section 8 companies are nonprofit organization. It is normal for social play a part not for gain motive. In obsolete companies act, 1956 section 25 was deals subsequent to nonprofit dispensation incorporation. Government of India has made Section 8 company registration to be finished online. So it is great news for you. You realize not have to visit our office for you work. You can send us anything documents past sign through emails. We will do all of your work. You can pay our development online.