A Section 8 Company is a non-profit organization registered under Section 8 of the Companies Act, 2013. It is formed for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, or protection of the environment. Profits cannot be distributed among members and must be used for the company's objectives.
Ideal structure for non-profit organizations and charitable activities
Eligible for income tax exemptions under Section 12A and 80G of the Income Tax Act.
Enhanced credibility with donors, government agencies, and international organizations.
Can receive donations, grants, and funding from individuals and organizations.
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