Section-8 Company registered under Companies Act, 2013 for social activity without having any intention for earning a profit. The primary objective of the company is working for the development of the society, protection of the earth and environment, working in the field of art, commerce, literature, sports, all living creatures protection, research, and development, etc. without earning any profit. The company is incorporated in the form of either private limited company or public limited company, but it cannot use the “private limited” or “limited” word at the end of the name of the company. The company cannot distribute the dividends to its member or share the profit. Whatever profit is earned by the company it shall be utilized only for the purpose for which the company is incorporated. In simple term, section-8 Company is a non-profit organization whose motive is to contribute its effort to the society for its development and betterment but under companies act this non-profit organization is known as section-8 Company.