Section 8 Company Registration

• December 25, 2023
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An organization formed to support non-profit endeavors like education, social welfare, environmental protection, sports, the arts, charitable giving, and more is known as a Section 8 company. This complies with the 2013 Companies Act provisions. Promoting non-profit objectives, such as trade, the arts, commerce, education, charitable work, environmental preservation, sports research, and social welfare, is the primary reason for creating a Section 8 Company. A minimum of two directors are needed to form a Section 8 business, and there is no minimum paid-up capital needed to establish one. A non-profit company with a Section 8 designation is one that supports sports, education, science, the arts, and charity endeavors. These businesses' profits aren't divided among their members; instead, they're used to further these goals.

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