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Post by: Sanya Warriar in Section 8 Company
What is difference between NGO and Section 8 company? This article will discuss the differences between an NGO and a Section 8 company in India. An NGO (Non-Governmental Organization) is an organization that works independently of any government to provide…
Post by: Sanya Warriar in Section 8 Company
What is a Section 8 Company? Section 8 Companies are established under Section 8 of the Companies Act, 2013 and governed by the Ministry of Corporate Affairs (MCA). This section outlines the registration requirements for businesses that have charitable objectives…
Post by: Sanya Warriar in Section 8 Company
Can Section 8 company make profit? Section 8 companies can make profitĀ in a number of ways even though the owners are not required to share any profits with the shareholders. These businesses cannot give their members profits or dividends because…