Section 8 Company registration in Delhi: A Comprehensive Overview
July 17, 2024 ⚊ 1 Min read ⚊ Views 27 ⚊ BUSINESSA Section 8 Company, under the Companies Act, 2013, is a non-profit organization aimed at promoting social causes, such as education, health, and poverty alleviation. In Delhi, these companies can register with minimal capital and must reinvest profits to further their objectives. The registration process involves submitting necessary documents and obtaining a license from the Ministry of Corporate Affairs. Section 8 Companies enjoy tax benefits and greater credibility, making them ideal for NGOs and social enterprises focused on community development.
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Tags: Section 8 Company, Section 8 Company Registration