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Section 8 company registration in India

Section 8 Company registration in India is designated for non-profit organizations that promote arts, business, science, charity, education, and social welfare. These companies were formed under the 2013 Companies Act and are granted unique benefits. It is expected that they will reinvest profits in the company to achieve their goals and are prohibited from distributing dividends. Registration for a nonprofit organization mandates at least two directors, with no specified minimum capital, and acquiring a license from the Central Government to ensure legal adherence and advantages.

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Section 8 company registration in India

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