Section 8 company incorporation:
A firm can be formed for the purpose of promoting commerce, art, science, religion, charity, or any other useful object after obtaining a section 8 licence from the federal government. The licence essentially allows the intended name to be changed to private Limited. Non-profit aims such as the promotion of business, art, science, sports, education, research, social, welfare, religion, charity, environmental protection, and the like are appropriate for a Section 8 company.
Know more: Section 8 company registration process
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