SECTION 8 COMPANY - Start your section 8 company today for just Rs 6999 only

In India, we have three ways to register or run a non-profit organisation (NPO) that is Trust, Society and Section 8 Company. It is also known as Non -Government Organisation (NGO). From the ancient times NGO/NPO playing important role in nation-building and uplifting society. Due to statutory compliances and transparency, this structure is very much popular.

According to the provisions of the Companies Act, 2013 the section 8 Company may register in two ways are Private Company and Public Company. In Private Section 8 Company we require Two Directors along with Two Subscribers required and in Public Section 8 Company Three Directors along with Seven Subscribers. The objects of Section 8 Company are the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any other type only. The entire income, donation and profit of the Section 8 Company are only used for solely objects of the Company. According to the provisions of the law we cannot issue dividends to the members of the Section 8 Company.

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