A Section 8 company, also known as a not-for-profit company, is a type of organization established under the Companies Act, 2013 in India. The main objective of a Section 8 company is to promote social welfare, charitable activities, or the advancement of art, science, education, religion, or any other useful object for the public. These companies operate on a non-profit basis, and any profits or income generated are reinvested into the organization's objectives rather than being distributed among its members. To register a Section 8 company in India, certain criteria must be met, such as having a minimum of two directors and a registered office address. The registration process involves obtaining a (DSC), (DIN), (ROC). Defining its objectives and rules of operation. The registration of a Section 8 company in India requires adherence to specific legal procedures and compliance with relevant regulations to ensure transparency and accountability in the organization's operations.
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