We offer Section 8 Company registration in Sasaram, Non gain organisation registration in Sasaram, Charitable organisation registration in Sasaram. Section 8 company is a not for profit organization.  Not for profit does not plan that the section 8 companies cannot generate profit from their business. Section 8 companies are customary for some special purpose. We will manage to pay for you all information about registration of section 8 company in this article in brief.

Section 8 Company Registration Sasaram

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 conventional by section 8 companies is applied for promoting its objects and no any share 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 in imitation of Trust and society. Central running 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 combat of any fraud authentic 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 interest 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 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 everything Members.
2. Copy of aadhar card/ voter ID card/ Passport.
3. Photograph of anything members.
4. Copy of Bank statements of all directors (Up to date).
5. Copy of rent succession of Office premises.
6. Copy of electricity Bill.
7. Contacts details of anything 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 considering RD.
5. MOA & AOA drafting.
6. 3 years projected P&L description preparation.
7. Filing of section 8 company.
8. Incorporation certify issued BY MCA.

Section 8 companies are nonprofit organization. It is acknowledged for social behave not for gain motive. In antiquated companies act, 1956 section 25 was deals in the tone of nonprofit paperwork incorporation. Government of India has made Section 8 company registration to be the end online. So it is great news for you. You pull off not have to visit our office for you work. You can send us all documents later sign through emails. We will do everything of your work. You can pay our money occurring front online.