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There is no minimum capital requirement for Section 8 Company in India. If you are planning to register a section 8 Company, then you don’t need to worry about the capital required.
The name of a section 8 company shall not include Private Limited or Limited at the end of its name and must end with any of the below words:
Section-8 company can be registered for many social factors like:
Section 8 company is a nonprofit company which aims to support the social objectives of the society. There are many advantages of this form over trust and society registration:
Section-8 company is a company without any profit motive. Its main objective is to achieve the social causes and to help society in any way possible. NPO and NGO are similar terms and are used interchangeably. NPO and NGO is another name for the trust, section 8 company. Trust registration is another option to register NPO in the case section 8 company is good for you.