Section 8 Company Registration in India
Section 8 Company Registration refers to the process of registering a company under Section 8 of the Companies Act, 2013. These companies are formed with the primary objective of promoting a cause that benefits society, such as charity, education, art, health, or environmental protection. Unlike other companies, a Section 8 Company cannot distribute profits to its members. Any profits generated must be reinvested to further the organization’s objectives.