SECTION 8 COMPANY:

  • Charitable objectives: Section 8 companies do not aim to make profits.
  • No minimum share capital: Section 8 companies, unlike all other companies, do not require a prescribed minimum paid-up share capital.
  • Limited liability: Members of these companies can only have limited liability.
Section 8 Company is exempted for the payment of stamp duty applicable for registration.  Numerous tax exemptions are provided to section 8 companies as well as to the donors who are contributing to Section 8 Companies.

Post a Comment

1 Comments

  1. Section 8 Company Registration by NGO Experts. NGO Experts provide Section 8 Company Registration Consultants in Delhi. Section 8 Company is a firm registered under Section 8 of the Companies Act, 2013 (the Act). Acquire your Section 8 company registration by NGO Experts. Contact Us: 8929218091

    ReplyDelete