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Non-Government Organizations (NGOs) are self-governing organizations whose primary function is towards bettering society by helping the underprivileged sector and providing them opportunities of growth, for this NGO Registration is mandatory that avails several benefits for the Non-Government Organization (NGO) and the donors who help the NGOs. Overview of NGO Registration Non-Government Organization (NGO) is formed with a charitable objective for the betterment of the underprivileged sectors or needy persons. A Non-Government Organization can be registered as a Society, Trust, or Nonprofit section 8 companies, depending on the activity the NGO will be involved in. NGO registration is mandatory for establishing a Non-Profit Organization. NGO Registration is obtained by drafting a Memorandum of Understanding (MoU). An MoU is an agreement between two or more entities outlined in a legal document. Memorandum of Understanding contains all the necessary details, such as objectives and aims of the Non-government Organization. Non-Government Organization registration plays an essential role as it offers more credibility and makes sure that there is more exposure to the organization. Different Laws that Govern NGO Registration in IndiaThe following Laws govern NGO Registration Purpose of NGO RegistrationIf anyone wants to serve the society by giving opportunities to the underprivileged sectors of the society, the best possible way to that is NGO registration. Various purposes for NGO Registration in India are:
Types of NGO Registration There are three types of NGO Registration in India. Following are the Types of NGO registration Society RegistrationSociety registration is a way a person can get NGO registration. To form a society, a group of people comes together for encouraging charitable purpose, scientific purpose, and various other purposes, as per the provisions of Section 30 of the Society Registration Act, 1860. Benefits of Society Registration
Trust Registration Another way of NGO registration is to get registered as a trust under the provisions of the Society registration Act, 1882. Trusts are basically public charitable trust and formed in the case where property and land are involved. Certainly, the trust works for the relief of medical aid, poverty, education, etc. For establishing a trust, the essential document is the Trust Deed. The minimum requirement of trustees is two at the time of trust registration. A Trust can operate in the whole of India as there is no geographical boundary restriction. The registering authority of a trust is the Deputy Registrar of the area where the individual wants to form a trust. Benefits of Trust Registration
Section 8 Company RegistrationThe third way to get the NGO registration is by registering a section 8 company as per the provisions of the Indian Companies Act, 2013. Section 8 companies are formed to promote charity, trade, religion, etc. The shareholders of section 8 company cannot use the company; the company's earning is used by the company itself for the purpose of promotion work. A section 8 company can be registered as a public limited company or a private limited company as per the provisions of the concerned Act. Section 8 companies require a minimum of three directors at the time of the registration, and for the private limited company, the minimum requirement of directors is two. Benefits of Section 8 Company Registration
ConclusionNon-Government Organization (NGO) is formed with a charitable objective for the betterment of the underprivileged sectors or needy persons. A Non-Government Organization can be registered as a Society, Trust, or Nonprofit section 8 companies, depending on the activity the NGO will be involved in.
3 Comments
9/8/2021 09:53:50 pm
Very delighted to come across this useful article. Memorandum of Association is a fundamental document for the formation of a company. It is a charter of the company. Without memorandum, a company cannot be incorporated. The memorandum together with Articles of Association forms the constitution of the company. Since I have gone through your blog and found it informative, I would be glad if you visit my blog and share your valuable comments : https://bit.ly/3naPVTf
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7/6/2023 11:45:59 am
Setting up a limited company means you limit the amount of liability undertaken as a shareholder of the company. It means that the company, not you personally, is liable for any debts. That’s why it’s called ‘limited’. You can register a company online using ANNA formation service for free or you can Register a company directly on the Companies House and pay £12.
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2/27/2024 11:42:41 am
Registering a company involves legally establishing a business entity with a governing authority, typically a government agency. This process includes selecting a business structure, choosing a name, completing registration forms, and paying associated fees. Additionally, businesses may need to obtain licenses, permits, and tax identification numbers based on their location and industry. Proper registration ensures legal recognition and compliance with regulatory requirements, providing a foundation for conducting business operations transparently and effectively.
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