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Showing posts with the label Company Registration in Bihar

NGO vs. Company: Which is Better? (Simple English Guide)

  People often find themselves in a dilemma whether they should establish a company or an NGO, especially while considering NGO Registration in Jharkhand or Company Registration in Ranchi. Both have their distinct aims and advantages. Let us learn about them in easy language What is an NGO? An NGO (Non-Governmental Organisation) is a non-profit organisation created to work for social causes like education, health, women's empowerment, etc. Types of NGOs: Trust Society Section 8 Company Purpose: Not to earn profit, but to serve society What is a Company? A Company is a profit-making business structure where the main goal is earning and growth .  Types of Companies: Private Limited Company LLP (Limited Liability Partnership) OPC (One Person Company)  Purpose: To earn profit and expand the business NGO vs Company – Key Differences Point NGO Company Purpose Social Work Pr...