Xpertax Auditing Bazaar Pvt. Ltd.

Xpertax Auditing Bazaar Pvt. Ltd.

Section 8 Company / Non Profit Organization

Section 8 Company / Non Profit Organization

Section 8 Company / Non Profit Organization

₹29,999

Non-profit making company is registered under the Section 8 of Companies Act, 2013. The objective behind the incorporation of non-profit making company is to promote science, sports, art, education, research, social welfare, religion, charity and environment protection, etc., where profit doesn’t play any role. It is important to have objects with non-profit motive.

SKU: SEC8NONPROFIT Category: Tag:

Description

Section 8 Company / Non-Profit Organization

Non-profit companies  are registered under Section 8 of Companies Act, 2013

An association not for profit must satisfy the following conditions:

  • It is formed for promoting commerce, science, art, religion, charity, sports, education, research, social welfare, protection of environment or other useful objects; and
  • It does not intend to pay any dividend to its members but apply its profit or other income in the promotion of its object.

A company which has been granted license under Section 8 cannot alter any of the provisions of its memorandum as well as the articles of association except with the previous approval of the Central Government.

It may be noted that a Section 8  company shall amalgamate, only with another company registered under Section 8 and having similar objects.

Start-up Business Benefits from Auditing Bazaar 

1. Legal recognition from Authorized Department
2. We understand the end to end process of taxation
3. Free Online consultation
4. Easy documentation process
5. Get status update time to time
6. Projection as per requirement
7. We facilitate startups
8. Quality and transparent service

 

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