A Section 8 company is a popular choice for non-profit organizations in India that aim to promote charitable objectives. Governed by the Companies Act, 2013 , Section 8 companies are formed to advance social welfare, education, religion, environmental sustainability, and other charitable causes. This comprehensive guide will take you through the Section 8 company registration process, its benefits, documents required, and the eligibility criteria. What is a Section 8 Company? A Section 8 company is a special type of company that works towards non-profit objectives. Unlike a private limited company that focuses on profit, a Section 8 company aims to promote activities such as: Social welfare Education and literacy Environmental protection Arts and culture Scientific research Charity and religious causes Section 8 company registration allows non-profits to have a structured form of governance and enjoy the benefits of a company, including tax exemptions, without distributing profits
The rise of the food delivery industry has paved the way for an innovative business model: the cloud kitchen. Also known as ghost kitchens or virtual kitchens, cloud kitchens focus solely on preparing food for delivery, eliminating the need for a physical dining space. This model significantly reduces overhead costs and allows for a flexible and scalable operation. In this article, we will explore how to start a cloud kitchen in India, covering every crucial aspect from market research to obtaining GST registration and private limited company registration, alongside a case study and insights on the minimum capital required. 📝 Step 1: Conduct Thorough Market Research