Section 8 Microfinance Company

Section 8 Microfinance Company A Section 8 Microfinance Company operates under the Companies Act 2013 as a non-profit organization that provides financial services to underserved communities. Recognizing these entities' pivotal role, the Reserve Bank of India (RBI) has periodically revised…

Section 8 Company Compliance

Section 8 Company Compliance A Section 8 company in India is a non-profit organization that promotes social welfare under the Companies Act, 2013. Section 8 companies, much like other companies, are subject to compliance requirements. Despite their non-profit nature and…

Section 8 Company Registration: A Comprehensive Guide to Incorporate NGO

Section 8 Company Registration: A Comprehensive Guide to Incorporate NGO Are you passionate about making a positive difference in society? Do you dream of creating an organization focusing on charitable or social causes? If so, Section 8 Company Registration might…

What is difference between NGO and 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…

What is a 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…

Can Section 8 company make profit?

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…