NGO registration is a
legal process that endows organizations with the official status required to
carry out philanthropic activities. It serves as a gateway to credibility,
transparency, and various benefits, including tax exemptions. In India,
NGOs can be registered under different legal structures, such as Trusts,
Societies, or Section 8 Companies.
WHY CHOOSE US FOR NGO REGISTRATION?
1:
Credibility: Registered NGOs gain credibility, attracting donors,
collaborators, and supporters. Registration lends authenticity to the
organization’s mission.
2: Operational
Development: NGO registration enables local operations to expand, leading
to greater exposure and increased community impact.
3: Resource
Expansion: The scope of financial and human resources expands as NGOs
become eligible for income tax exemption, making them more appealing to
potential volunteers and contributors.
4: Tax
Benefits: NGOs registered under the Income Tax Act of 2013
in India enjoy various tax benefits, contributing to financial
sustainability.
5: Asset and Liability
Management: Registered NGOs can own assets, incur liabilities, and manage
interest-earning claims, providing a solid foundation for organizational
growth.
6: Stamp Duty
Exemption: Section 8 companies are exempt from stamp duty, offering
additional avenues for tax savings and resource allocation
CONCLUSION
In conclusion, NGO
registration is a crucial step for organizations aiming to contribute to
social, humanitarian, and environmental causes in a legal and transparent
manner. It provides the NGO with legal recognition, allowing it to operate
effectively, access funding, and build trust with stakeholders. The
registration process typically takes between 8 to 16 weeks, depending on
the legal structure chosen, the country’s regulations, and the completeness of
the application.
An NGO stands for Non – Government Organization. The term NGO originated from the United Nations (UN), and is normally used to refer to organizations that do not form part of the government and are not conventional for profit or business. Today there is need for the betterment of the underprivileged section of the society. This need can be satisfied using non-profit organization.
There are 2 types of non-profit NGO. One is Trust and the other is Society. The third type of NGO is a profitable NGO which is often registered under Companies Act.
Non-Profit NGOs are registered under 2 acts. One is Indian Trust Act, 1882 and the other is Indian Societies Act, 1860 , Indian Trusts are registered under Trust Act and the Societies are registered under Societies Act. The third type of act is Indian Companies Act, 1956 under which a profitable NGO is registered.
An NGO is eligible for Government funding after 3 years. However, in some special cases, an NGO can get Government funding even after 1 year if its project gets approved.
CSR stands for Corporate Social Responsibility. These are voluntary activities undertaken by a company to operate in an economic, social and environmentally sustainable manner. According to new CSR rule as implemented in 2013, every company makes a minimum profit of 500 crores must donate some amount of money in eradicating poverty, education and benefits of the society.
The minimum members required to register an NGO is 3 if it is a Trust. It is not necessary to have all 3 members from 3 different states. If you are registering a Society, you must have a minimum members of 7 from seven different states of India.
An NGO has basically 3 min posts which that of a President, General Secretary and Treasurer. In some cases, you can also have a Vice President.
You can easily do NGO Registration by hiring us. Just give us a call on our Helpline number 91-9717918747 and our professionals will guide you right from the beginning of registering your NGO to the point of making your NGO a great success. You can also mail on our email id which is license.priyagroup@gmail.com
In March, it also cancelled licenses of five NGOs including Church of North India- Synodical Board of Social Service (CNI-SBSS), Voluntary Health Association of India (VHAI), Indo-Global Social Service Society (IGSSS), Church Auxiliary for Social Action (CASA), and Evangelical Fellowship of India (EFOI)
Understanding an NGO's background allows you to gauge its credibility. Start by checking its registration status through government websites or local regulatory bodies.
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