Sunday, 30 August 2020

NGO's registeration

NGO Registration A Non-Governmental Organization (NGO) is a non-profit organization, a group or entrepreneurship of activists, individuals, voluntary, and social persons working for a charitable cause. 

NGO - Trust/Society | Invest in india, virtual CFO, virtual general counsel,

NGO Registration Service in India– An Overview

 An NGO is a non-government organization with a charitable objective, for the betterment of the society in general. It can be started as a Trust, a Society or a Non-Profit Company [Section 8 Company], depending on the activity you wish to undertake. In India, NGO is an umbrella term for all non-profit organizations including Trust, Society and Section 8 Company. Other names for such not-for-profit organizations are "Sangathan", "Sangh", "Sangam". Income tax exemption is available for all non-profit NGOs. These are sometimes confused with non-profitable companies, which refers to a regular business is not making a profit. At Vakilsearch, we will help you select the right option and guide you through the entire NGO registration process.

Documents required for 80G 

  • The application can only be made by a public charitable trust, registered society, recognized educational institution or an institution funded by the Government.
  • The trust/institution applying for the certificate must be duly registered under the Societies Registration Act, 1860; or Section 25 of the Companies Act; or any other relevant Acts.
  • Applicants of the certificate must not represent any religion based or caste and creeds based activity.
  • The respective trust/institution should only utilize the donated funds for charitable purposes.
  • The registered trust/institution should not hold any income which is not exempted.
  • Entity’s pursuing any other businesses are required to maintain a separate account, so that the donations received are not confused with savings of any other kind.
  • The applicant should have maintained the appropriate annual returns, accounting and book keeping before applying for the certificate.
  • The recipient of the certificate must ensure the timely renewal of certificates, so as to receive the eligible tax benefits.

DOCUMENTS REQUIRED FOR 12AA

  • Two signed and stamped copies of RC and MOA or Trust Deed 
  • No Objection Certificate from the landlord of the premises
  • A copy of PAN Card
  • Copies of financial records like Audited Accounts of NGO of last 3 years or its inception, whichever is less
  • Details of the activities performed by the NGO since its inception or last 3 years, whichever is less
  • The applicant may also need to submit the copies of Accounts of the last few years
  • A proof of welfare activities and Progress Report of NGO since its inception
  • Books of Accounts and ITR, (if any from the time of inception)
  • Original documents of the NGO such as Trust Deed, Rules and Regulations,  Bye-laws etc

  • Memorandum of Association  and Articles of Association 
CONTACT @ Whatsapphttps://wa.link/gbqr5a




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