Section 8 Company Registration
The primary purpose of registering a corporation as a Sector 8 Company is to market non-profit
objectives like trade, commerce, arts, charity, education, religion, environment protection,
welfare, sports research, etc.
To incorporate a Section 8 Company, a minimum of two directors are required. Also, there's no
requirement of minimum paid-up capital within the case of Section 8 Company.
In India, a non-profit organization is often registered under the Registrar of societies or as a Non-profit company under the Section 8 Company of the corporate Act, 2013. The profits of this company, if there are any, are applied towards promoting the objectives of the corporate and not distributed as dividends to its shareholders. A Section 8 Company is that the same as the Section 25 Company under the old Companies Act, 1956. As per the new Companies Act of 2013, Section 25 has now become Section 8.