Section 8 Company Name Examples

A section 8 company shall not be treated as a small company.

Section 8 company name examples. Section 8 company is a non profit organization which has numerous deductions on taxes and other benefits. A non profit organisations can be registered in india as a society under the registrar of societies or as a trust by making a trust deed or as a section 8 company under the companies act 2013. Section 8 company cannot use suffix pvt ltd or ltd with its name.

Examples of section 8 companies are the federation of indian chambers of commerce and industry ficci and confederation of indian industries cii. Not a small company. The names under section 8 companies may end with foundation cry or you may choose any other word.

Whether a trust society or section 8 company the income tax act 1961 gives all categories equal treatment. The section 8 company cannot be incorporated by the form inc 29. The first word under section 8 company should be your brand or the name which you want to use in your ngo like plantinindia being human etc.

A section 8 company can be named and registered as an association foundation society council club charities institute academy organization etc. The benefits are availed under section 80g of the income tax act 1961. Advantages of section 8 company.

Famous examples of section 8 companies include federation of indian chambers of commerce and industry ficci and confederation of indian industries cii. That will be registered under the ministry of corporate affairs government of india. The objective of these companies is facilitating the growth of trade and commerce and india.

Power of registrar of companies roc.