Section 8 Company concept under the Companies Act, 2013
July 10, 2024 ⚊ 1 Min read ⚊ Views 33 ⚊ BUSINESS
In India, Section 8 companies\’ role is growing compared to Society, Tryst, etc. in fostering non-profit activities across various sectors, from education and healthcare to environmental conservation and social welfare. Section 8 Company concept under the Companies Act, 2013, entities are dedicated to promoting charitable causes without the primary objective of profit distribution to their members. Some detailed exploration of what Section 8 companies entail, their registration process, benefits, and operational nuances, will be discussed through this article by Compliance Calendar LLP.
Read details: https://www.compliancecalendar.in/section-8-company
Tags: Section 8 Company, Section 8 Company Registration
