NGO Registration
A non-governmental organization or NGO launched by natural Individuals and is a legally registered organization that operates independently without any interference from the state or central government. Brush up the inner entrepreneur by registering your NGO Registration in India with Kanakkupillai. Gaining the knowledge on the way to register NGO online is usually good and our expert team is here to teach you!
Why NGO Registration is Recommended?
If you want to launch or start a non-profit organization and if you are willing to work with an aim of improvement or betterment of any specific area or location of the society then NGO Registration is suggested to you because it is going to be evident within the eyes of the law. It is always better to do any social work or activity under the evidence of the law.
Advantages of NGO Registration in India
• Registered NGO benefits and enjoys the legal status and becomes eligible for the investments and funds received. For example, when a person donates investment or funds to a charitable trust, it is obtained under the name of the company and can be used for the trust’s social activities. In the case of an unregistered organization, the assets can be obtained under anyone’s name and may be used in any such ways such as for their own profit.
• An organization that is registered under an NGO registration process reinforces the social, ethical, and legal norms and standards of our society.
• The basic requirement for starting an NGO is to open a checking account within the name of the organization. In order to open a bank account, it is necessary to be filed as a Trust, Society, or Section 8 Company.
• By NGO registration, the organization obtains a special legal status and it enjoys tax exemptions which mean subscribers and donors or creditors can claim for their fund contribution for a tax exemption. Not only it enjoys tax exemption but also exempted from the varied annual compliances.
• A company registered under NGO registration guarantees indebtedness to the members of the corporate. The roles and responsibilities of the members are restricted only to a certain extent of the capital or fund contributed.
• Even though the company enjoys all the benefits of the corporate company, it's not named because of the corporate entity. The company cannot add the suffix name “Limited” or “Private Limited” after the entity’s title.
What are the Types of NGO Registration in India?
In India, a private is liberal to perform social activities without structuring an entity or organization. However, a private wants to make a gaggle that involves participants, activities, and resources, it's essential to possess proper management in situ.
To run the NGOs within the sort of (Companies, Trusts, and Societies) in an accurate manner, a particular set of rules got to be followed. To register any of the below-mentioned ways, an applicant must follow the varied laws. NGO registration can be done in 3 ways:-
• Trust Registration under “The Indian Trust Act, 1882”
• Society Registration under “Societies Registration Act, 1860”
• Section 8 Company Registrations under “The Companies Act, 2013”
What Documents are Required for NGO Registration?
Before a registered deed is delivered to an NGO, the Below-mentioned documents are required:-
For Trust Registration
• The objective of the Trust Deed.
• Particulars of the Trustee and settlor (Self-attested copy Id and Address Proof alongside the knowledge associated with occupation).
• Trust Deed on Proper Stamp Value.
• Photographs of Trustee and settlor.
• PAN Card of Trustee and settlor.
• Documentation for the Trust Registered Address. In the case of rented property (NOC from the owner is required).
For Societies Registration
• For a society registration, the below-mentioned documents are required:-
• Name of the society
• Address proof of the working space.
• Identity proof of all the 9 members
• 2 copies of the Memorandum of Association and By-laws of the society
For Section 8 Companies Registration
• Copy of Identity Proof and Address Proof (Including PAN Card).
• DIR-2(Consent of the directors) along with ID& Address proof
• Utility bill not older than 2 months
• Proof of registered office address
• No objection certificate is required if the registered office isn't taken on rent.
• Affidavit regarding deposits
• INC-14 -Declaration by Professionals
• INC-15-Declaration by Promoters (INC-14 and INC-15 shall get on the stamp paper, duly notarized).
• Estimated Annual Income
• Memorandum of Association and Articles of Association
• Particulars of the promoters also as Board Members of the proposed company
What is the Procedure for NGO Registration?
Based on the type of NGO Registration in India (Trust, Societies, and Section 8 companies), an applicant needs to follow various laws and procedures prescribed in the respective act.
NGO Registration Procedure (As A Trust)
The procedure for Trust registration involves the below-mentioned steps-
• Select An Appropriate Name
The very first while registering the Trust is to pick an appropriate name for the trust. An applicant must take into consideration that the name so suggested shouldn't come under the restricted list of names as per the provisions of the Emblems and Names Act, 1950.
• Drafting Of Trust Deed
For the aim of Trust registration, the deed of trust should be drafted. A deed of trust may be a document that contains all the important information associated with the registration and therefore the deed must be present before the Registrar at the time of registration.
• Selecting Settlers And Trustees Of The Trust
The next step is to select the settlor and Trustees of the Trust. However, there's no specific provision with regards to the number of settlers/authors. Further, there must be a minimum of two trustees to make a Trust.
• Preparing Memorandum Of Association
For Trust registration, it's important to formulate the Memorandum of Association because it represents the charter of the Trust.
• Paying The Requisite Fees
The next step is to pay a requisite fee for Trust registration.
• Collection Of A Copy Of Trust Deed
Once an applicant submits the papers; he/she can collect a licensed copy of the deed of trust within 1 week from the registrar’s office.