Non-Governmental Organization (NGO) is an association which is formed, managed and functioned for the benefits and upliftment of the lower segments of the society.
These are no profit organisations which have different objectives and aims as compared to the profit making organisations.
Incorporating a NGO in India is not an easy task. Apart from the money; a lot of hard work, determination and a real yearning to help others is needed to start a NGO. NGO unlike the company is formed for the well being of the society without expecting any profits.
Are you willing to start a NGO in India? If yes, let’s go further on how to proceed with it.
How to start a NGO in India?
To start a NGO, the first step is to list down the reasons and the mission for which the NGO is to be started. Thereafter, a board of Directors/ Members must be formed who would be responsible for all the actions and decisions of the NGO.
A name be decided for the NGO which is not similar to any Government Authority Body, Board or Ministry, or any other registered company or NGO. The Memorandum and Articles of Incorporation also need to be documented.
Subsequently, for the NGO to be recognized its always better to get it registered.
How to register a NGO in India Full Process
Let’s now understand how to register a NGO in India.
There are three different types of NGO in India i.e. Society, Trust and Section 8 Company.
These can be registered after the submission of all the required documents and payment of requisite fees under the following acts:
– Societies Registration Act,1860
– Indian Trusts Act, 1882
– Companies Act, 2013
Based on your requirements, you can get the NGO registered under any of the acts as stated above.
Documents required for registration of NGO
The following documents are required for the registration of the NGO:
Proof of residence
Registered Office Address Proof
Documents claiming the ownership such as Sale Deed or House Tax receipt along with a NOC
Income tax PAN
Registration of the NGO is not necessary if you just want to do social work. Though, if you want funds for the social work it becomes essential to register the NGO.
Also, we do have some pros of registering the NGO in India, some of which are as follows:
The accountability of all the moneys and the donations collected is more reliable if the organisation has a legal status.
The working and thinking of a registered NGO will surely be different as compared to the unregistered NGO.
A registered NGO would always stay within the moral, legal and social limit.
A registered NGO gets tax exemption if they are registered under the Income Tax Authorities.
Registration of a NGO becomes necessary if they want to open a bank account.
So now after reading this, do get your NGO registered to grab all the advantages as mentioned above.
Thus, choosing the right type of NGO depends on your purpose, vision and mission.
Hope reading this would help you start the precise NGO as per your aims and objectives.
In case you are still looking for expert guidance, visit StartersCFO.in they will guide you through the whole process of registration.