Portal Industrial Cartagena Colombia - Forum - Contacts

• Section 8 Companies are the Trustworthy and highly reliable form of NGO since it is licensed Central Government and Registrar of Companies.
• Section 8 Companies are much preferred by the government as one of the recognized legal structures and are also preferred for granting subsidies and other similar grants.
• Section 8 Company is the best option for undertaking CSR initiatives.
• The Income Tax department prefers Section 8 Companies while granting the 80G and 12A licenses.
• The protocols to change the directors of a Section 8 company are very easy as compared to changing the members of Trust or Society.

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