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FCRA Registration

FCRA Registration

Charitable Trusts, Societies, Section 8 Company that receive foreign contribution or donation from foreign sources are required to obtain registration under Section 6(1) of Foreign Contribution Regulation Act, 2010. Such a registration under the Foreign Contribution Regulation Act, 2010 is called a FCRA registration. FCRA is a law of government of India which regulates receipt of foreign contributions or aid from outside India to India territories. This is essential to ensure that such aid does not effect political or any other situation in India.

Following documents are essential for registration under FCRA.

  • Copy of registration certificate of society or trust deed as the case may be.

  • Copies of the audited statements of accounts for the last three years.

  • Copies of the annual report of last three years.

  • Bank Details:-

  • Bank Name

  • Account Number

  • Bank Address.

  • List of governing body

  • Name

  • Father’s Name

  • Occupation

  • Designation

  • Address

  • Name of the chief functionary and his mobile Number

  • Telephone Number of the office

  • Copy of PAN Card of The Society /Trust.

PROPER FCRA REGISTRATION

In order to be eligible to apply for proper FCRA registration following minimum requirements must be met with:

  • The applicant must be registered and operating for a minimum period of 5 years.

  • The organization must have spent minimum 10 Lakh rupees in the last 3 years for furtherance of its main objects. This amount shall not include any kind of administrative expenditure.

  • The applicant is also required to submit last 3 years financial statements. These financial statements must be audited by qualified Chartered Accountant.

ELIGIBILITY CRITERIA FOR FCRA REGISTRATION

As we have discussed for receiving any kind of foreign contribution FCRA Registration is mandatory requirement. Now we will discuss who is eligible to apply for FCRA registration. The applicant must be a non-profit organization registered and operating under any of the following statutes:

  • Under Indian Trusts Act, 1882 as registered Trusts or

  • Under Societies Registration Act, 1860 as registered Society or

  • Under Companies Act, 2013 as a Section 8 Company etc.

PROCEDURE FOR MAKING APPLICATION FOR REGISTRATION/PRIOR PERMISSION

Application for grant of registration / prior permission is to be submitted online in form FC-3 at the website fcraonline.nic.in.

Documents required For Registration

  • Jpg file of signature of the chief functionary

  • Self-certified copy of registration certificate/Trust deed etc. of the association

  • Self-certified copy of relevant pages of Memorandum of Association/ Article of Association showing aim and objects of the association.

  • Activity Report indicating details of activities during the last three years;

  • Copies of relevant audited statement of accounts for the past three years (Assets and Liabilities, Receipt and Payment, Income and Expenditure) clearly reflecting expenditure incurred on aims and objects of the association and on administrative expenditure;


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