REGISTRATION BUSINESS AS SECTION 8 COMPANY
MINIMUM REQUIREMENTS TO REGISTER SECTION 8 COMPANY
1. UNIQUE NAME OF COMPANY
2. CAPITAL REQUIREMENT
3. MINIMUM TWO OR SEVEN PERSONS
4. MAIN OBJECTS OF THE COMPANY
Section 8 company is one whose objectives is to promote arts, commerce, science, research, education, sports, charity, social welfare, religion, environment protection or other similar objectives. These companies apply their profits towards the furtherance of their objectives and do not pay any dividend to their members.
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