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Benefits of FCRA Registration
- Receive foreign funding: Registered organizations can receive foreign contributions, donations, or funding.
- Enhanced credibility: FCRA registration enhances the credibility of the organization, making it more attractive to donors and stakeholders.
- Compliance with regulations: Registered organizations must comply with FCRA regulations, ensuring transparency and accountability.
Eligibility Criteria for FCRA Registration
- Registered organization: The organization must be registered under the relevant state laws (e.g., Societies Registration Act, Trusts Act).
- Five-year existence: The organization must have existed for at least five years.
- Charitable objects: The organization must have charitable objects, such as education, healthcare, or poverty alleviation.
Documents Required for FCRA Registration
- Registration certificate: A copy of the registration certificate issued by the relevant state authority.
- Memorandum of Association: A copy of the Memorandum of Association or Trust Deed.
- Audited financial statements: Audited financial statements for the past three years.
- Annual reports: Annual reports for the past three years.
- Resolution: A resolution passed by the governing body of the organization, authorizing the application for FCRA registration.
Types of FCRA Registration
- Prior Permission: Obtain prior permission from the Ministry of Home Affairs before receiving foreign contributions.
- Registration: Register the organization with the Ministry of Home Affairs to receive foreign contributions.
Benefits of FCRA Registration with Padmajothi Consultancy Services
- Expert guidance: Get expert guidance on the FCRA registration process.
- Timely registration: Ensure timely registration and avoid delays.
- Compliance: Ensure compliance with FCRA regulations and guidelines.