Section 8 Company registration in India is intended for non-profit organizations that promote the arts, business, science, charity, education, and social welfare. These firms are formed in accordance with the firms Act of 2013 and enjoy unique benefits. They are expected to reinvest profits in the company to assist achieve their goals and are not permitted to issue dividends. To register, you must have at least two directors, no minimum capital, and receive a Central Government license to assure legal compliance and benefits for a nonprofit organization.
