FCRA Registration

The Foreign Contribution Regulation Act (FCRA) registration is a mandatory compliance requirement for NGOs, charitable organizations, and associations in India that wish to receive foreign funding. This registration ensures that foreign contributions are utilized for legitimate purposes and in accordance with national laws. FCRA registration is governed by the Ministry of Home Affairs, Government of India.

Benefits of FCRA Registration

• Legitimacy to Receive Foreign Funds: Enables organizations to legally accept donations from foreign sources.
• Enhanced Credibility: Establishes trust and confidence among donors and stakeholders.
• Access to Global Grants: Opens opportunities for international funding and collaborations.
• Tax Benefits: Increases the organization's eligibility for tax exemptions under certain provisions.

Eligibility for FCRA Registration

Organizations eligible for FCRA registration include:

• Non-Governmental Organizations (NGOs)
• Charitable Trusts
• Societies and Section 8 Companies
• Associations engaged in cultural, economic, educational, religious, or social activities

The organization must have been in operation for at least three years and should have utilized at least ₹15,00,000 in voluntary contributions during that period.

Documents Required for FCRA Registration

• Registration Certificate: Proof of registration under relevant laws like the Societies Registration Act or Companies Act.
• Audit Reports: Financial statements for the past three years.
• Activity Report: Details of activities and expenditures over the last three years.
• Bank Account Details: A designated bank account for receiving foreign funds.
• KYC Documents: Identity and address proof of key members and office bearers.

Types of FCRA Registration

There are two types of FCRA registration:

• Prior Permission: For organizations that are newly established or have not completed three years of operation. They need specific approval for a particular project or donor.
• Regular Registration: For organizations that have been operational for at least three years and meet the eligibility criteria.

Steps for FCRA Registration

1. Step 1: Prepare and gather all required documents.
2. Step 2: Submit the online application on the FCRA portal.
3. Step 3: Pay the applicable fees and upload supporting documents.
4. Step 4: The Ministry of Home Affairs reviews the application and conducts necessary verifications.
5. Step 5: Upon approval, receive the FCRA registration certificate.

Why Choose Global Taxman for FCRA Registration?

Global Taxman provides comprehensive assistance for FCRA registration. Our experts ensure accurate documentation, hassle-free application submission, and quick processing. We stay updated on legal changes to help you remain compliant with all FCRA requirements.

Post-Registration Compliance

Organizations registered under FCRA must adhere to the following:

• Maintain proper records of foreign contributions and their utilization.
• File annual returns with the Ministry of Home Affairs.
• Ensure the designated bank account is used exclusively for foreign funds.