ONLINE 12A & 80G REGISTRATION
Fastest Registration Process in India ! Enquire Now...
In the form of a Charitable Trust/Society/Section 8 Company, an NGO (Non-Governmental Organization) is established solely to serve non-profit humanitarian purposes, and once such entity is formally registered, it is eligible for tax exemptions, benefits, and reliefs, as well as the provision of tax deductions for donors. Any income an NGO earns, such as service/production/donation, will be treated as normal taxable income without regard to the purpose of such income unless that NGO has obtained 12A and 80G registrations online. With the help of 12A registration, all the income earned by the NGO is exempted from tax. Hence, such NGO can utilize all earnings in promoting it’s objectives. With the help of 80G registration, the tax on the donations offered by the donors for the upliftment of the society is exempted. Only NGOs and Charitable Organizations that meet the following criteria are eligible for the 80G and 12A registrations:
1) An NGO must not earn money from a business. 2) They must be registered as a society, charitable trust or a Section 8 NGO. 3) Additionally, such Organisations must not use their assets or income for anything other than charitable purposes. 4) They must also keep track of their receipts and expenses in a regular book of accounts. 5) The trustees or any other governing body of the organisation should not be involved in any improper use of these funds. 6) Such organizations must not work for the benefit a specific caste or religion. 7) In addition, if the organisation earns money from its business, it should keep a separate book of accounts. Donations to the NGO, on the other hand, must not be used for such ventures.
BENEFITS OF 12A AND 80G REGISTRATION
FEATURES YOU CAN'T RESIST
MORE FUNDS TO WORK
Through the tax exemption on NGO income, more capital will now be available for charitable purposes as it will attract more donors.
NEW SOURCES OF FUNDS
Recognized agencies, government, and international sources of funds and grants are permitted after getting 12A & 80G registration.
BROADENS THE SCOPE OF NGO
Since, more donors are attracted for charity purpose as that amount is exempted from Tax, this broadens the scope of the NGO’s mission as more donations are now available for charity.
FCRA FUNDINGS
Only 12A and 80G registered NGOs are allowed to accept International funding, with exceptions available under the Foreign Regulation Act, 2010 (FCRA).
MORE EXPOSURE
MORE EXPOSURE When an NGO registers and receives 12A and 80G registrations, it gains more operational exposure and status value.
VALIDITY
The validity of Provisional 12A & 80G registrations is 3 years. The renewal of these registration must be done 6 months prior to the expiry of these certificates.
DOCUMENTS REQUIRED FOR 12A & 80G REGISTRATION
THIS IS ALL WE NEED FROM YOU
Below is the list of documents required for the 12A & 80G Registration Online:
1) Section 8 Company/ Society/ Trust registration documents.
2) Directors or Trustee's PAN Card.
3) Aadhar Card of the directors or trustees.
4) Trust Deed (in the case of a Trust) or Memorandum of Understanding (MOA), Articles of Association (AOA) of the Company (in the case of a Society/Section 8 Company).
5) Audit Reports of all years since incorporation of the Section 8 NGO/Trust/Society.
6) A comprehensive list of welfare activities.
6) A comprehensive list of welfare activities.