In India, you don't know the section 8 company registration is regulated by the government 2013, according to this, the Indian government ran the rules and regulation. It comes under of Indian ministry of corporate affairs. Moreover, the government of India runs this through the office of registrar of companies in each state of India.
Section 8 company is under license in the act of 2013.
Moreover, also, section 25 is under section act 1956. It is based on the company is registered for a non-profitable and charitable purpose. Its other forms are trust or social welfare company. The company comes under the ministry of corporate affairs where society and trust can be registered under the state government rule.
There must be two directors for section 8 company registration in Pune
There must be two or more shareholder, minimum tow shareholder are necessary
At least one owner must live in India
The income-text is a must for registration.
Moreover, the pan card also needs
You have to need one id card, residents id, pan-card, Aadhar card, driving license and at least four passport size photo
If your partner is foreigner, then he has also some id proof like passport, id proof, bank information, resident id where he lives in does.
Anyone of residence proof like electricity bill, telephone, bank statement
One copy of your office's address proof that where you are going to set up your office or the company.
You have to need all your text proof to submitted before application fill this is the essential things rather than other
The businessman needs for all documents are arranging in systematic before the filling procedure. Because of if any document is missing that your application will be canceled.
Add Proof a copy of add proof and valid passport/ driving license/ Aadhar/ telephone bill.
Need passport size photo not older than one month
If your office in rent that rent agreement it must be important
The utility bill of your office and Company
Director and directorship detail it must be essential to avoid conflict in future
The businessman required the digital signature certificate for the post of director
The naming of the Company depends on the criteria of section 8 company registration in Pune, its most important thing that's you can't be ignored. You have to choose your company name as it is not illegal or never alike another company and it is not offensive.
The next step you draft your application for according to articles of association of the proposed Company
Certificate of Incorporation: After the filling application, according to INC 7, INC 22 for the incorporation. You need to check all over the detail of your application
The procedure of Section Company 8 is comfortable rather than other company procedure
The minimum paid capital is not necessary.
The most and essential benefit of section 8 company is the text deduction. According to the India government, the text deduction is u/s 12AA of income text act.
It has more flexible and simple
One more thing it is generally tacked 45 days for section 8 company registration.
In India or another country, the non-profitable Company is always seen as an essential purpose that is made for helping people or something do in case of bringing people up for the poverty line. Indian government gives us text deduction for an opening like these Companies to help people; it may be any company like education, charity trust, poster house. Those people who are keen intrusted for helping people. They are always done for an opening like a company.
Section 8 company registration is perfect for people that help poor people. Most of the big firm they are creating such companies like tata group, reliance group, etc. you are also available to create a company for helping people then this is the right time to do it.
NPOs the community which has a direct link with the society and their being. It offers you a platform where you can join this program to work for the community.