The Section 8 Company is regulated by the Indian Companies Act, 2013 and the rules & regulations that are made thereunder. Section 8 Company is named Section 8 of the Companies Act, 2013, which pertains to an established ‘for promotion of commerce, art, science, sports, education, social welfare, religion, research, charity, protection of environment or any such other object’, provided the profits, if any, or other income is applied for promoting only the objects of the company and no dividend is paid to its members. Therefore, Section 8 Company or Section 25 Company is a Company registered under the Companies Act, 2013 for charitable or not-for-profit purposes. These Companies dedicate all their incomes and profits towards the furtherance of their objectives.
    Not all Companies strive to earn profits by carrying out trade and commerce. Many Companies primarily have charitable and non-profit objectives. A Section 8 Company is similar to a Trust or Society expect, a Section 8 Company is registered under the Central Government’s Ministry of Corporate Affairs. And the Trusts or Societies are registered under Indian Trust Act, 1882 or Society Registration Act, 1860 or State Government regulations. A Section 8 Company has various advantages when compared to Trust or Society like improved recognition and better legal standing. Section 8 Company also has higher credibility amongst donors, Government departments and other stakeholders.

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Characteristics of Section 8 Company

Charitable Objectives Their objectives are purely charitable in nature such as promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object.	Suffix to Name Section 8 Companies are not required to add the suffix “Limited” or “Private Limited” at the end of their name. The Section 8 Comp. name shall include the words Foundation, Forum, Federation, Chambers, Association, Confederation, Council, Electoral Trust etc.	No Profit Motive The Companies registered under Section 8 of the Companies Act, cannot distribute profits or assets to its members or any kind of profit or incomes of the Company is applied only for the promotion of the objects of the Company
No Minimum Capital Section 8 Companies, unlike all other companies, do not require a prescribed minimum paid-up share capital. hence a Section 8 Company can be incorporated with the capital as required by it.	Voting Rights Every member of the Company Limited by Shares holding equity share capital has right to vote. The voting rights of the members are based on the number of shares, similar to that of any other Company.	No Dividend The Indian Companies Act, 2013, prohibit the payment of any dividend to its members. In other word members of the Company cannot get any dividend or officers & directors do not get benefits and allowances.

Benefits of Section-8 Company Registration (Separate Legal Entity)

No Title Required

Zero Stamp Duty

Tax Exemptions

Greater Flexibility

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