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Section 8 Company Registration in India is for nonprofit groups that work for social, charitable, or educational purposes. This type of business is registered under the Companies Act of 2013 and offers tax benefits. A minimum of two directors are required by the Ministry of Corporate Affairs (MCA), which also mandates an easy registration procedure that entails name approval, a Director Identification Number (DIN), a Digital Signature Certificate (DSC), and filing. Section 8 companies are restricted from giving away their profits and must use their earnings for charitable causes.
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