Advantages of NGO Registration
Transferability of shares:
Donors like it very much for donating in the Registered Ngo because its information is transparent and trustworthy.
Limited Liability of Members:
A Ngo in form of Section 8 company is a very attractive form of the organization since its member’s liability is limited. Members can be held responsible only up to the value of shares, they have purchased.
A Section 8 NGO is not limited to being managed by its owners only. It is managed by the representative of its owners, who, of course, can be the expert in their fields.
A Section NGO collects its finance by the issue of shares, so it can collect any amount it requires. Bank and other financial institutions also grant easy loans and advances to the it.