Section 8 company can accept the donation from public but it doesn’t allow raising fund itself. Section 8 company is the fastest online process in India. Section 8 company is registered same as limited company.

In Section 8 Company there is no need of paid-up capital .To incorporate this company minimum of two Directors are needed. In India a non-profit organization can be registered under the Register of Societies.

To register a company the first step is to obtain name approval Letter for the business from the Ministry of Corporate Affairs (MCA). This process will take about 24-48 hours. A private limited company name in India must end with the words private limited. LLP end with LLP and Section 8 companies can end with words like foundation, association or institution.