Section 8 Company: Registration, Benefits, and Steps
A Section 8 Company in India is formed with the objective of promoting social welfare, education, charity, or other not-for-profit purposes. To register, start by securing a unique company name and obtaining Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) for all directors. Draft the Memorandum of Association (MOA) and Articles of Association (AOA), and file Form INC-12 with the Registrar of Companies (ROC). Key benefits include tax exemptions, credibility, limited liability, and no minimum capital requirement. This makes Section 8 Companies ideal for charitable and social projects. Completing the registration steps provides legal recognition, operational flexibility, and a trusted platform to pursue your non-profit mission effectively.