A charitable entity can be registered as a trust by signing a legal trust agreement or functioning as a society under the authority responsible or as, For societies a limited liability company non, Profit business under Company under Section 8 within the organizations act, 2013, In india a. Section 8 company is the same as the popular section 25 company under the former companies act, 1956, Among the finest in India popular kinds of non, Profit organizations. However, Section 25 as it was in the previous act has been renamed section 8 in the new companies act 2013. The charity company is filed in harmony with section 8 of the companies act of 2013, Which grants it special status because of its objectives. The primary goal of creating a firm as an assistance program for affordable housing company is to promote non, Profit purposes such as trade, Commerce, Arts, Charity, Education, Religion, Environment protection,, Sports researchetc, Social welfare. Section 8 corporations benefit from several exclusions and relaxations in relation to others businesses. A minimum of two directors are required designed to serve of establishing a section 8 there aren't, Company. Additionally any requirement for a minimum paid, Up capital in the case of a section 8 company. Tax Barr will secure your business registered as a section 8 company to fulfill the registration swiftly without any last, Minute