A Section 8 Company is formed to promote charitable or non-profit objectives in areas such as commerce, art, science, education, research, social welfare, religion, and charity.
Tax Exemption
No pay income tax. Donors claim contribution tax exemptions.
No Minimum Capital Requirement
No minimum investment is required.
No Stamp Duty Payable
Exempted paying stamp duty registration.
Separate Legal Entity
Own identity credibility autonomy more.