Section 8 Company Registration in India

The NGO Company or Section 8 Company or Section 25 Company is a company registered under the Companies Act, 2013 for charitable or not-for- profit purposes. Start a NGO Company 'for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object', provided the profits, if any, or other income is applied for promoting only the objects of the company and no dividend is paid to its members.
The NGO Company is similar to a Trust or Society but is registered under the Central Government's Ministry of Corporate Affairs. Trusts and Societies are registered under State Government regulations. A NGO company has various benefits when compared to Trust or Society. NGO Company have improved recognition and better legal standing. NGO company also has higher credibility amongst donors, Government departments and other stakeholders.