We come happening with the allowance for Section 8 Company registration in Punaichak, Non gain organisation registration in Punaichak, Charitable organisation registration in Punaichak. Section 8 company is a not for gain organization.  Not for profit does not intend that the section 8 companies cannot generate profit from their business. Section 8 companies are conventional for some special purpose. We will allow you whatever information approximately registration of section 8 company in this article in brief.

Section 8 Company Registration Punaichak

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 past Trust and society. Central direction has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind taking place the company.  In skirmish of any fraud legitimate 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 stand-in from LLP or usual Private limited companies. A cut off license is required to be obtained before captivation 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 true 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 everything 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 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 past RD.
5. MOA & AOA drafting.
6. 3 years projected P&L story preparation.
7. Filing of section 8 company.
8. Incorporation certify issued BY MCA.

Section 8 companies are nonprofit organization. It is received for social comport yourself not for profit motive. In out of date companies act, 1956 section 25 was deals when nonprofit admin incorporation. Government of India has made Section 8 company registration to be done online. So it is good news for you. You get not have to visit our office for you work. You can send us anything documents in the same way as sign through emails. We will do all of your work. You can pay our enhance online.