We manage to pay for Section 8 Company registration in Ranchi, Non profit organisation registration in Ranchi, Charitable organisation registration in Ranchi. Section 8 company is a not for profit organization.  Not for gain does not wish that the section 8 companies cannot generate profit from their business. Section 8 companies are expected for some special purpose. We will find the money for you everything information approximately registration of section 8 company in this article in brief.

Section 8 Company Registration Ranchi

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 other social objects. Profits or donation expected by section 8 companies is applied for promoting its objects and no any allocation 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 as soon as Trust and society. Central executive has imposed some restrictions and conditions upon section 8 companies. If they don’t fulfill them, government can pass order to wind happening the company.  In act of any fraud genuine 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 interchange from LLP or normal Private limited companies. A sever license is required to be obtained before combination by applying to Regional director (RD). For concentration 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 anything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of anything members.
4. Copy of Bank statements of anything directors (Up to date).
5. Copy of rent consent of Office premises.
6. Copy of electricity Bill.
7. Contacts details of whatever members.

Procedure of Section 8 Company registration

1. Apply for DSC of whatever members.
2. Preparation of documents.
3. Name filing.
4. Section 8 company License filing in the same way as RD.
5. MOA & AOA drafting.
6. 3 years projected P&L checking account preparation.
7. Filing of section 8 company.
8. Incorporation authorize issued BY MCA.

Section 8 companies are nonprofit organization. It is normal for social play a part not for profit motive. In outmoded companies act, 1956 section 25 was deals similar to nonprofit giving out incorporation. Government of India has made Section 8 company registration to be done online. So it is great news for you. You accomplish not have to visit our office for you work. You can send us all documents in the manner of sign through emails. We will do anything of your work. You can pay our development online.