A Section 8 Company is a special type of non-profit organization registered under the Companies Act, 2013, with the primary objective of promoting charitable and social welfare causes such as education, science, art, sports, environment, research, religion, and community development. Unlike regular business entities, a Section 8 Company does not operate for profit but rather reinvests its income to achieve its philanthropic goals.
This form of organization provides a structured and credible framework for NGOs, charitable institutions, and social enterprises that wish to function with legal recognition and transparency. For more information click the link below
https://www.compliancecalendar.....in/section-8-compan