Section 8 of the Companies Act of 2013 allows an NGO (non-profit organization) to be registered as a company, as well as a society or trust. A Section 8 Company is the most common type of NGO in India. Section 8 companies are easier to register, maintain, and handle than societies or trusts. As defined … Read More “Eligibility for Section 8 incorporation” »
Tag: section 8 company registration process
The primary reason for registering as a Section 8 Company is to promote non-profit objectives. Among the objectives are trade, commerce, arts, charity, education, religion, environment, protection, social welfare, sports, and research. In India, what is a Section 8 company? Companies Act of 2013 defines a non-profit company as either a society or a Section … Read More “Section 8 Company Registration Made Easy” »
There are various types of companies included in the Company’s Act, 2013, including public companies, private companies, and one-person companies. In most cases, a company is established to run a business and reap profits, but there are exceptions. Entrepreneurs most often become involved in philanthropy by establishing organizations that promote social welfare. It is their … Read More “Section 8 Company Registration: What Are the Benefits?” »