{"id":2985,"date":"2018-07-18T05:19:08","date_gmt":"2018-07-18T05:19:08","guid":{"rendered":"https:\/\/companyregistrationonline.in\/?p=2985"},"modified":"2025-06-30T09:17:55","modified_gmt":"2025-06-30T09:17:55","slug":"section-8-company","status":"publish","type":"post","link":"https:\/\/companyregistrationonline.in\/blog\/section-8-company\/","title":{"rendered":"A Complete Guide to Section 8 Company"},"content":{"rendered":"
Section 8 Company is(2)\u00a0 established ‘for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of the environment or any such other object<\/strong>‘. Further 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 can be defined as a company registered for charitable or not-for-profit purposes, under the Companies Act, 2013.<\/p>\n Section 8 Company is registered under the Central Government’s Ministry of Corporate Affairs<\/a> <\/span><\/strong>whereas Trusts and Societies are registered under State Government regulations, but the characteristics are similar in both. Some advantages of a Section 8<\/a> company<\/span><\/strong> compared to Trust or Society are:<\/p>\n Advantages of Section 8 company can be pointed out as follows:<\/p>\n There are certain clarifications and additional information which the company has to provide to ROC after the Incorporation papers are filed and reviewed is issued by ROC with a unique Company Identification Number (CIN). Incorporation Certificate enables a company to apply for PAN, Bank Account, Tan, etc.<\/p>\n Minimum Requirements for Section-8 Company:<\/strong><\/p>\n Shareholders and Directors could be the same:<\/strong><\/p>\n As compared to other forms of Companies, registration of Section 8 companies<\/a><\/strong> are provided with a lot of exemptions when it comes to compliances, which can be explained as follows:<\/p>\n For more information regarding Section 8 Company registration<\/a><\/strong>, you can visit Company registration Online<\/a><\/span><\/strong>.<\/p>\n\n
Advantages of Section 8 Company<\/strong><\/h2>\n
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Process of Incorporation<\/strong><\/h3>\n
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Compliance of Section 8 Company<\/strong><\/h3>\n
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