Application Criteria & Eligibility for FCRA Registration

Organizations looking to receive foreign donations for specific cultural, social, economic, educational, or religious programs may register with the fcra registration online or use the "prior approval" approach to receive foreign contributions. A Trust, Society, or Section 8 Company is preferred as an FCRA applicant. The not-for-profit organization had to be active as well. According to Section 6(1) of the Foreign Contribution Regulation Act of 2010, businesses that accept donations or contributions from abroad must register. It is important to learn about section 8 company registration.

A FCRA registration is one such registration made pursuant to the Foreign Contribution Regulation Act, 2010. In this post, we examine the steps involved in becoming FCRA-registered in India. There are many fcra consultants in delhi among which you can choose the best. A newly registered entity can request prior permission (PP) from the Ministry of Home Affairs in order to receive foreign contributions for a specified activity, specific purpose, and from a specific source.

We at NGO Experts help organizations to apply for FCRA registration at affordable prices.

Know about requesting FCRA registration

Utilizing Form FC-3, an application for 12a and 80g registration or FCRA registration can be made. The following paperwork needs to be presented with the application:

·         Self-certified copy of the association's trust deed, registration certificate, etc

·         a self-certified copy of the pertinent portions of the association's articles of incorporation or memorandum outlining its objectives.

·         Activity Report detailing actions over the previous three years;

·         Copies of pertinent, audited statements of accounts (assets and liabilities, receipt and payment, income and expenditure) for the last three years that clearly show the association's goals and objectives as well as administrative costs;

·         After being issued, FCRA registration is good for five years. It is possible to submit an application to renew your FCRA registration.

Final thoughts

By acquiring a certificate of FCRA registration from the Central Government, an association or individual with a clear cultural, economic, educational, religious, or social program may receive foreign contributions. A society registered under the Societies Registration Act of 1860, a trust registered under the Indian Trusts Act of 1882, a company registered under section 8 of the Companies Act of 2013, etc., must be the organization filing for FCRA registration. Must have been in operation for at least three years; Must have engaged in appropriate socially beneficial activity in the area where the foreign contribution is intended to be used; Must have spent at least Rs. 15 lac over the previous three years on the activities for which registration was requested.