Section 8 Company
Section 8 Company Registration
A Section 8 Company is a non-profit organization (NPO) formed to promote charitable activities, education, art, science, sports, and social welfare. Unlike other companies, the profits of a Section 8 Company cannot be distributed among its members and must be used solely for promoting its objectives.
At Samnic4U, we offer a seamless and hassle-free process for Section 8 Company registration. Our expert team ensures smooth incorporation while complying with all legal requirements, allowing you to focus on your mission.
Key Benefits of a Section 8 Company
✅ Tax exemptions under Section 12A & 80G of the Income Tax Act
✅ No minimum capital requirement
✅ Increased credibility and trust among donors
✅ Limited liability for members
✅ No need for the term “Limited” in the company name
Mandatory Legal Requirements for Section 8 Company
1. Number of Directors
- Private Limited Structure: Minimum 2 directors required.
- Public Limited Structure: Minimum 3 directors required.
2. Number of Members
- Private Limited Section 8 Company: Maximum 200 members allowed.
- Public Limited Section 8 Company: No limit on the number of members.
3. Capital Requirement & Name
- No minimum paid-up capital required for incorporation.
- Section 8 companies do not need to include “Private Limited” or “Limited” in their name.
4. Business Objectives
- The company must operate exclusively for charitable purposes such as education, science, sports, social welfare, environment protection, art, and culture.
- Profits cannot be distributed among members and must be reinvested for the company’s objectives.
- The Memorandum of Association (MOA) and Articles of Association (AOA) must explicitly state the non-profit goals.
Documents Required for Section 8 Company Registration
