A Comprehensive Guide to NGO registration process
When starting a business in India, one of the first and most crucial decisions you'll make is selecting the right legal structure. The NGO registration process can vary depending on the type of entity you're planning to set up. Each structure has its own set of requirements, advantages, and disadvantages. Here's an overview of some common business registration types in India to help you make an informed choice. 1. Section 8 Company Registration (Nonprofit Organizations) A Section 8 company registration is a legal structure specifically designed for nonprofit organizations. This type of company focuses on promoting activities like education, charity, social welfare, or any other purpose that benefits the public. The primary advantage of a Section 8 company is that it enjoys tax exemptions, allowing more resources to be directed toward its social goals. To register a Section 8 company, you need to submit a detailed application to the Registrar of Companies ...