fcra registration
Introduction
The Foreign Contribution Regulation Act (FCRA) is a crucial legislation in India that regulates the acceptance and utilization of foreign contributions by individuals, associations, and companies. FCRA registration is mandatory for organizations that wish to receive foreign donations. This article provides a detailed guide on the FCRA registration process in India, including the legal requirements and necessary documents.
Who Needs to Register for FCRA?
FCRA registration is required for:
- Non-Governmental Organizations (NGOs)
- Charitable Trusts
- Societies
- Section 8 Companies (Non-Profit Companies)
Types of FCRA Registration
There are two types of FCRA registration:
- Normal Registration: For organizations that have been in existence for at least three years and have spent a minimum of ₹10 lakh on their activities.
- Prior Permission Registration: For newly registered organizations that wish to receive foreign contributions for specific activities from specific donors.
Steps to Register for FCRA
- Visit the FCRA Portal: Go to the FCRA website and create a login ID.
- Fill in the Application Form: Complete Form FC-3A for Normal Registration or Form FC-3B for Prior Permission Registration.
- Submit Documents: Upload the necessary documents as per the type of registration.
- Pay the Fee: Pay the applicable registration fee online.
- Application Processing: The application will be processed, and an inspection may be conducted.
- Registration Issuance: Once approved, the FCRA registration certificate will be issued.
Legal Requirements and Documents Needed
The documents required for FCRA registration vary based on the type of organization:
- NGOs / Charitable Trusts / Societies:
- Registration certificate of the association
- Memorandum of Association (MOA) or Trust Deed
- Activity report for the last three years
- Audited statement of accounts for the last three years
- Affidavit of each key functionary
- Chief functionary’s signature and seal of the association
- Section 8 Companies:
- Certificate of Incorporation
- Memorandum of Association (MOA) and Articles of Association (AOA)
- Activity report for the last three years
- Audited statement of accounts for the last three years
- Affidavit of each key functionary
- Chief functionary’s signature and seal of the association
Conclusion
FCRA registration is essential for organizations in India to receive foreign contributions legally and transparently. By following the steps outlined above and preparing the necessary documents, organizations can smoothly navigate the registration process and obtain their FCRA certificate.
For more detailed information, you can visit the official FCRA portal.