Section - 8 Company Registration Process in India
A section-8 company is which spends all its money promoting what they believe in. the company could promote religion, education, sports, social welfare, charity, etc. The company also does not pay any kind of income to its members. These companies are limited companies under the Companies Act. The only difference is that they do not need to use “limited company” at the end of their names. They can either be registered as a “private limited company” or “public limited company”. Section-8 companies are a legal form of NGOs and NPOs. These companies can work in any state of the country; there are no restrictions for them. Benefits of Section 8 Company Registration Online in India , Delhi, Bangalore, Lucknow ● No minimum capital: For the incorporation of section-8 companies there is no minimum capital required. It can be formed with any minimum capital but yes investors and promoters can be brought in to support the organization. ● ...