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Understanding Section 8 Company: Criteria and Purpose

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A Section 8 company in India is a non-profit organization formed with a charitable purpose. It promotes commerce, art, science, sports, education, research, social welfare, religion, charity, and environmental protection. All profits and incomes are mandatorily used for these purposes, with no dividends paid to members. While the incorporation process is similar to other companies, ad... https://structuredbiiz.com/section-8-company-not-for-profit/

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