Introduction Section 8 Companies are specialized non-profit entities incorporated under the Companies Act, 2013, with the purpose of promoting charitable and public welfare objectives. While they are not commercial ventures, they are treated on par with other...
Section 8 Company Registration Articles
Define the Difference Between Society and Section 8 Company
Introduction In India, individuals or groups aiming to establish organizations for charitable, cultural, educational, or social welfare activities can choose from several legal forms. Among the most common are Societies, governed by the Societies Registration Act,...
Explain Audit Requirements for Section 8 Companies
Introduction Section 8 Companies in India are incorporated under the Companies Act, 2013, to pursue charitable and non-profit objectives. Although they do not operate for commercial gain or distribute profits to their members, these companies are still subject to the...
Briefly State the Applicability of the Income Tax Act on Section 8
Introduction Section 8 Companies are non-profit entities formed under the Companies Act, 2013, with the aim of promoting charitable, religious, educational, scientific, and social welfare objectives. Although these companies do not operate for profit and cannot...
Detailed Filing Procedures for Annual Returns of Section 8
Introduction Section 8 Companies in India are formed under the Companies Act, 2013 to operate exclusively for charitable or non-profit objectives. Despite their philanthropic nature, these companies are not exempt from legal and financial compliance obligations. One...
Define the Purpose and Mission of a Section 8 Company
Introduction A Section 8 Company in India is a unique form of legal entity that is not driven by profit-making motives but instead by the intent to serve society. Registered under Section 8 of the Companies Act, 2013, these companies are formed exclusively for the...
Explain the Structure and Governance of Section 8 Companies
Introduction Section 8 Companies in India are formed with the primary objective of promoting charitable or non-profit causes such as education, art, science, social welfare, environmental protection, and similar pursuits. Though they do not operate for profit, their...
Describe Annual Filing Obligations of Section 8 Companies
Introduction Section 8 Companies in India are registered as not-for-profit entities under the Companies Act, 2013, with the aim of promoting charitable, educational, religious, cultural, or social objectives. While they do not operate for profit or distribute...
Establish How Section 8 Companies Can Receive Foreign Funds
Introduction Section 8 Companies in India are not-for-profit organizations formed under the Companies Act, 2013, with the primary objective of promoting social welfare, education, charity, science, art, and other philanthropic causes. As these entities often work...
Briefly Highlight the Steps for Online Section 8 Registration
Introduction Registering a Section 8 Company in India has become significantly streamlined due to the complete digitization of the process through the Ministry of Corporate Affairs (MCA) portal. The registration aims to legally establish a non-profit entity dedicated...