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

Section 8 Company Registration Samastipur

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 further social objects. Profits or donation usual by section 8 companies is applied for promoting its objects and no any portion 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 later than Trust and society. Central giving out 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 accomplishment of any fraud legitimate action will be taken by ROC against anything 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 cut off license is required to be obtained before immersion by applying to Regional director (RD). For assimilation 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 genuine 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 whatever members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent agreement 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 in the same way as RD.
5. MOA & AOA drafting.
6. 3 years projected P&L version preparation.
7. Filing of section 8 company.
8. Incorporation certificate issued BY MCA.

Section 8 companies are nonprofit organization. It is customary for social ham it up not for profit motive. In outdated companies act, 1956 section 25 was deals similar to nonprofit government 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 everything documents once sign through emails. We will do whatever of your work. You can pay our loan online.