QUESTION OF THE DAY: What are the pros and cons of a Section 8 company?



Pros of Section 8 Company:

1. Tax benefits

2. No/ Minimal stamp duty

3. Minimal share capital


 


Cons of Section 8 Company:

1. Increased compliance

2. Profits can't be distributed

3. Profit should not be the motive


For information on Company Registration, visit https://www.parpella.com/one-person-company-registration
Location: Kerala, India

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