Introduction Starting a Section 8 company in India is a noble endeavor. These non-profit organizations are formed for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, and more. They operate without the intention of earning profits and are governed by the Companies Act, 2013. In this comprehensive guide, we will walk you through the process of registering a Section 8 company in India. Understanding Section 8 Companies Before we dive into the registration process, let’s understand the key characteristics of Section 8 companies: 1. Purpose-Driven Section 8 companies are established to promote various social and charitable objectives. […]
Section 8 Company Registration
Section 8 Company Registration – An Overview A Section 8 Company, also known as a not-for-profit organization, is incorporated under the Companies Act, 2013 to promote various social, economic, scientific, educational, religious, and charitable objectives. The process of registration for a Section 8 Company is similar to that of a regular company, with a few notable differences. One such difference is that Section 8 Companies do not need to include the words “Limited” or “Private Limited” in their name. They require a minimum of two directors and two shareholders, and there is no minimum capital requirement. One of the primary […]