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A Section 8 Company is a type of organization incorporated under the Companies Act 2013 for non-profit or charitable purposes, such as promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of the environment, or other similar objectives. The profits earned by Section 8 company shall be only utilized to promote its charitable objects and cannot be distributed to its members or shareholders.
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SECTION 8 COMPANY REGISTRATION What is a Section 8 Company ? Section 8 Company is a company form of an organization that is registered under the Companies Act 2013 for charitable or non- profit purposes like art, sports, etc. Min. requirement for Section 8 Company registration Charitable Objects Minimum 2 Shareholders Minimum 2 Directors Documents as prescribed Advantages of Section 8 Company Registration Separate legal entity and limited liability Various Tax Exemptions Less Compliance burden Features of Section 8 Company Registration Promotion of charitable objects Name of Section 8 Company License by Central Government Visit us - registrationarena.com