Section 8 Company registration in India is for organizations that promote social welfare, education, charity, art, science, sports, or other similar goals. Section 8 company, unlike conventional businesses, operate with the intention of not making profits and instead devote any surplus to their objective. The registration process requires at least two directors, and once authorized by the Registrar of Companies, they are granted a license under the Companies Act of 2013. These enterprises gain from tax breaks and reputation for grants and donations.
