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A Section 8 Company is a non-profit organization established under Section 8 of the Companies Act, 2013 (previously Section 25 of the Companies Act, 1956). The primary objective of a Section 8 Company is to promote fields such as social welfare, education, art, religion, charity, or any other useful object.<br><br>Registration Arena can assist to complete the Section 8 Company registration in a few steps.<br>Visit us - https://registrationarena.com/section-8-company-registration/
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What is a Section 8 Company ? • Section 8 Company is a company form of an organization that is registered under the Companies Act 2013 for charitable or non-profit purposes. • It is generally formed for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of the environment, or any such other object.
Minimum Requirement For Section 8 Company Registration • Charitable Objects • Minimum 2 Shareholders • Minimum 2 Directors • Documents as prescribed
Advantages of Section 8 Company • Separate legal entity and limited liability • Various Tax Exemptions • Less Compliance burden • No minimum capital required
Features of Section 8 Company • Promotion of charitable objects • Name of Section 8 Company • License by Central Government • Application of Profits
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