Overview
A Section 8 Company is a type of non-profit organization registered under the Companies Act, 2013. It is formed with the primary objective of promoting charitable activities such as education, art, science, sports, environment protection, social welfare, and similar purposes. Unlike regular companies, Section 8 Companies do not distribute profits to their members; instead, all income is reinvested to achieve their objectives.
This structure provides credibility and formal recognition to non-profit initiatives, making it easier to collaborate with government bodies, attract donations, and engage in large-scale social projects. Many NGOs, social enterprises, and charitable institutions prefer Section 8 registration because of its legal status and recognition. It is more structured and transparent than a trust or society, which enhances accountability.
The registration process of a Section 8 Company is governed by the Ministry of Corporate Affairs (MCA). It requires drafting of Memorandum of Association (MOA) and Articles of Association (AOA), applying for name approval, and obtaining a license under Section 8 of the Companies Act. Once approved, the company can be registered with the Registrar of Companies (ROC). The company enjoys certain exemptions and privileges compared to other corporate entities.
At BizGlobal, we provide complete support in Section 8 Company Registration. From drafting MOA and AOA to filing applications on the MCA portal and securing government approvals, our experts make the process seamless. We also guide you through applying for PAN, TAN, and tax exemptions like 12A and 80G. With our professional assistance, you can focus on your organization’s mission while we handle the legal compliances.
