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Section 8 Company Registration – Ideal business structure for NGO’s and Non Profit Organizations – Starting At Rs. 12,999
Section 8 Company Registration – Ideal business structure for NGO’s and Non Profit Organizations – Starting At Rs. 12,999 A Section 8 Company is a Company which:
· Is incorporated for the promotion of commerce, art, science, education, research, sports, charity, social welfare, religion, protection of environment or any such other object.
· It intends to apply all its profits, income, or other earnings, in promoting these objects.
· Pays no dividend or income to its members.
These are limited companies, registered under the Companies Act, and will be treated as limited companies without the phrase “limited” added to their name. They may have been registered as private limited or public limited companies.
Section 25 Company (under Companies Act, 1956) is a prior version. Section 8 Companies are a legal form for Non-Profit Organizations (NPOs) or Non-Governmental organizations (NGOs). A Section 8 Company has the authority to work anywhere in the country.
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