A Section 8 Company, also known as a Not-for-Profit Company, is a type of company incorporated under Section 8 of the Companies Act, 2013, for the promotion of art, science, education, religion, charity, or any other social cause, and with the objective of using its profits, if any, for promoting its objectives, and not distributing them as dividends to its members.

The primary objective of a Section 8 Company is to promote charitable or not-for-profit activities, and the profits earned by the company should be utilized for promoting its objectives.

Section 8 Company is a non-profit organization that is formed for promoting charitable or social objectives, and it enjoys certain benefits and privileges under the Companies Act, 2013

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