Section 8 Company
What is a Section 8 Company?
A Section 8 Company is a not-for-profit organization registered under the Companies Act, 2013 to promote charity, education, social welfare, art, science, or any other non-profit objective.
Who Can Register?
- Minimum 2 members (Private) or 7 members (Public).
- No minimum capital requirement.
- Profits must be reinvested into the objectives (no dividends).
Why It Matters
High credibility compared to Trusts/Societies.
Eligible for CSR funds, government grants, tax exemptions.
Preferred structure for NGOs and non-profits with national/international donors.
Process of Registration
Obtain DSC & DIN for directors.
File SPICe+ form with MCA, attaching MOA & AOA.
Apply for Section 8 license from Regional Director (RD).
Get Certificate of Incorporation.
Documents Required
ID & Address Proof of Members/Directors.
Office Address Proof.
MOA & AOA with charitable objectives.
Penalty for Non-Compliance
Revocation of Section 8 license.
Fine up to ₹25 lakh for company and ₹25,000–₹1 lakh for officers.
How LTC Helps
Full assistance in license application & incorporation.
Drafting MOA/AOA with compliant charitable objects.
Advisory on CSR, FCRA, and Income Tax exemptions.
Ongoing compliance under Companies Act.