Understanding Section 8 Companies

A **Section 8 company** is a business structure established to further causes such as **arts, science, education, charity**, and more, in accordance with the provisions of the **2013 Companies Act**. Its primary objective revolves around advancing **non-profit purposes**.

Key Benefits and Requirements

• **Minimum Directors:** Requires a minimum of **two directors** for the purpose of registration.
• **Tax Exemptions:** Benefits from **tax exemptions** owing to its completely non-profit and charitable nature.
• **No Mandatory Capital:** Enjoys the advantage of the **absence of mandatory capital requirements**.
• **Enhanced Credibility:** Possesses an **independent legal entity** status and enhanced public credibility.
• **Exemption from Stamp Duty:** Benefits from **exemption from stamp duty** on certain documents.

Registration Assistance with Sujata Associates

You can rely on us to cater to your Section 8 company registration requirements. Although establishing a Section 8 company might deviate from the conventional due to its non-profit character, our expertise can facilitate the transformation of your venture into one that is both **purpose-driven and financially viable**.

Our emphasis lies in cultivating strong client relationships. Place your trust in our proficiency to ensure a seamless and efficient registration process, and we will ensure all legal prerequisites are met. We also offer excellent **Audit & Assurance services** to ensure your company remains financially sound and compliant.