12A and 80G Registration for NGOs: Unlock Tax Benefits and Donor Deductions
12A and 80G registrations are crucial for NGOs in India to avail tax exemptions and enable donors to claim deductions. These registrations help NGOs gain credibility, build trust with donors, and access more funding opportunities. Whether you are a charitable trust, society, or Section 8 company, 12A and 80G registrations are essential to ensure compliance with legal frameworks and boost your fundraising efforts.
At Global Taxman, we simplify the process of 12A and 80G registrations. Let us guide you through the registration process, ensuring that your NGO meets all the regulatory requirements and benefits from these tax advantages.
Why You Need 12A and 80G Registration
12A and 80G registrations are mandatory for NGOs to receive tax exemptions and for donors to enjoy tax benefits. Here's why you should apply for these registrations:
- Tax Exemptions for NGOs: 12A registration ensures that the income of your NGO is tax-exempt, helping you save funds for charitable activities.
- Donor Deductions: 80G registration allows your donors to claim deductions, incentivizing more donations for your cause.
- Enhanced Trust and Credibility: Being registered with 12A and 80G adds legitimacy to your NGO, fostering confidence among donors and stakeholders.
- Access to Funding: Many funding agencies and government programs require 12A and 80G registration for NGOs to apply.
Advantages of 12A and 80G Registration for NGOs
- Legal Tax Exemptions: Your NGO enjoys tax exemptions on income, allowing more funds to be allocated for social work.
- Increased Donations: 80G registration encourages more donations by offering donors a tax deduction on their contributions.
- Government Grants: Many government grant programs require NGOs to be 12A and 80G registered to apply for funding.
- Strengthened Public Image: Registration with 12A and 80G boosts the credibility of your NGO and helps you maintain transparency in operations.
Documents Required for 12A and 80G Registration
- Trust Deed/Society Registration Certificate: Proof of registration for your NGO as a Trust or Society.
- Memorandum of Association and Articles of Association: For Section 8 companies, these documents outline the NGO’s objectives and governance structure.
- PAN Card: PAN card of the NGO or the organization’s directors/trustees.
- Bank Account Details: Bank statement or proof of the NGO’s active bank account.
- Audited Financial Statements: Financial reports for the last three years, if applicable.
- List of Trustees/Members: A list of individuals involved in managing the NGO.
How Global Taxman Can Help You
Global Taxman offers expert services to help NGOs apply for 12A and 80G registrations, ensuring a smooth and hassle-free process. Our services include:
- Consultation and Guidance: Receive expert advice and step-by-step guidance on the registration process.
- Document Preparation: We help you prepare all the necessary documents and ensure they meet the regulatory standards.
- Application Submission: We handle the submission of your application to the relevant authorities and ensure timely follow-up.
- Certificate Delivery: Once approved, we ensure your 12A and 80G registration certificates are delivered promptly.
Start Your 12A and 80G Registration Today!
Contact Global Taxman to begin your 12A and 80G registration process and unlock the benefits of tax exemptions and donor deductions for your NGO.
