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

Section 8 Company Registration Postal Park

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 standard by section 8 companies is applied for promoting its objects and no any allowance 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 behind Trust and society. Central organization has imposed some restrictions and conditions on section 8 companies. If they don’t fulfill them, government can pass order to wind in the works the company.  In act of any fraud legitimate 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 stand-in from LLP or normal Private limited companies. A sever license is required to be obtained before engagement by applying to Regional director (RD). For immersion 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 legitimate 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 all Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of all members.
4. Copy of Bank statements of whatever directors (Up to date).
5. Copy of rent consent 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 following RD.
5. MOA & AOA drafting.
6. 3 years projected P&L relation preparation.
7. Filing of section 8 company.
8. Incorporation certificate issued BY MCA.

Section 8 companies are nonprofit organization. It is conventional for social undertaking not for profit motive. In outmoded companies act, 1956 section 25 was deals once nonprofit supervision incorporation. Government of India has made Section 8 company registration to be done online. So it is great news for you. You attain not have to visit our office for you work. You can send us whatever documents once sign through emails. We will do whatever of your work. You can pay our momentum online.