Why do hospitals are formed as company?

hospitals can be formed as societies? can they apply for 12 a registration..as they help people even though for considering..?if they formed under company do they pay income tax?? please anyone explain this
Replies (7)
Quick Summary
This discussion explores how hospitals can be formed as companies, specifically under Section 8 of the Companies Act 2013. It clarifies that while often registered as societies, hospitals can indeed operate as private limited companies. The conversation also touches upon the tax implications, suggesting that Section 8 companies may be eligible for income tax exemptions under Section 10(23) of the Income Tax Act.

Hospitals are always registered under Societies Registration Act.
But you can see Apollo Pvt Ltd etc..and there so many other
Yes hospitals can be treated as societies registration
Yes hospitals can be formed as company under section 8 of the companies act 2013. there's no such restriction that it can't be formed as a company.
there are number of benefits by forming a company. please refer the bare act of companies for more information.
Oh thanks..by forming sec 8 companies do they pay income tax??
You can well transform it to a pvt limited company .
if the need arises.
No need to pay tax. you can get exemption under section 10(23) of income tax act

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details