All about NGO Registration in India

Because of the inflation rate and other aspects, people from different sectors often feel helpless and starve to fulfill their basic requirements in life, here comes the role of NGOs in India and of course with that comes the role of NGO registration in India. In India, NGO is treated as an umbrella term and can be started as a trust, society and non-government i.e. section 8-company registration. It is thereby necessary for us to know the basics by deeply focusing on the aspects such as Trust registration online, society registration and section 8-company registration process. Government is continuously providing various kind of grants to NGO so that they can help poors in society. Companies who are coming under purview of CSR funding also seeking NGO to spend their CSR funds.

Benefits of NGO Registration Process in India

Various benefits are available to NGOs in India provided by government-

• Separate Legal Entity - A registered NGO has a separate legal status and becomes accountable for the funds received. For instance, when an individual donates funds to a charitable trust, it is received under the name of the organization and used for the trust’s activities.
• No Tax Liability - NGOs are exempted from tax, no tax liability arises on NGOs. All the amount received to NGO must be outflow through expenses. Hence in this situation NGO do not need to pay any amount of tax on earned Income.
• Social Welfare - An organization that is registered as an NGO reinforces the ethical, social and legal norms of our society.
• Separate bank Account - The basic requirement for running an NGO is to have a bank account under its name. In order to open an account, it is mandatory to be registered as a Trust, Society or Section 8 Company.

Types of NGO Registration Online

Government has introduced various types of option to register as NGO. According to the requirement one can register their NGO. Such as a person having private welfare intention can register Trust with two persons. Societies are registered with seven or more persons. For example if you are willing to help people in area of finance societies are best to register. Here are some options available for you as NGO-

1. Trust registration online - First way in which an NGO can be registered as “trust”, for some this term may be new, but for many they must be aware of what it means and how it is executed. Trust is initiated by “trustor”, who is also known as “settler”, who transfers the assets to the second party or “trustee” for the benefit of the third party or “beneficiary”. It is necessary to know that when you register trust, that is is governed under Indian Trust Act 1882. To start with trust registration online, the basics have to be clear, like what are the documents required for Trust registration, followings are:-
   • Adhaar and PAN of all members
   • Email id and contact number of all members
   • Activity of Trust
   • Name of trust
   • Electricity Bill of office
   • Other informations asked by registrar

   It is also essential to know that once all the documents and registration payment is completed, it will take max-to-max 8-10 days for the online trust registration.

2. Society registration Society registration is second in the list. However, it does not mean that it is not imperative for all of us. Society is a group of persons all together coming for a scientific or charitable purpose.

   The documents needed for society registration are scripted below-

   • The name of the society.
   • Address proof of the office.
   • Identity proof of all the nine members which can be:
     • Driving License
     • Copy of Passport
     • Voter ID
     • Aadhaar card
     • Two copies of the Memorandum of Association and By-laws of the society.

   The days needed to be complete, the society registration is 21-30 days, because of preparation of MOA and by laws of the society takes 8-10 days.

3. Section 8 company registration online

   For the purposes of completing the process of section 8 company registration online, a person first must possess following documents as listed below:-

   • Adhaar card and PAN card of 2 persons
   • Email id and contact numbers
   • Photo of members
   • Updated saving account statement of members
   • Electricity Bill of office
   • Other information asked by registrar

The time for completion of whole process of section 8-company registration takes 10-15 days. Section 8 is a company formed with social or charitable object, which intends to apply its profits for promoting such particular purpose. Best way to register NGO is Section 8 company. It is more formal and transparent as compare with other NGO types such as Trust and Society.

Benefits of section 8 company registration

• Subsidy by government : The grant of subsidy is highly preferred and seen in the case of section 8-company registration.
• Tax Exemption : For section 8 company registration, the tax exemption is also available.
• Transparency in working : Transparency is working is the most fascinating part in section 8 company registration and thereby inclining people towards it.

Why to choose Registration Help.in

Be it of any registration process, the documents compliance and other aspects can be hectic and a bit confusing. Hence, RegistrationHelp.in is equipped to help you throughout the NGO registration in India. RegistrationHelp.in is always ready to assist you in register NGO online, We do not only serve ngo registration in delhi but all over India as well. So, what you are you waiting for, understand with us how easy it is to sail throughout the process of section 8 company registration fees.