Lucknow Consultant

FCRA registration

FCRA registration in Lucknow is the process of registering an organization under the Foreign Contribution Regulation Act (FCRA), 2010 in Lucknow. This registration is required for any organization that wishes to receive foreign contributions for their activities.

Legal Provisions: The FCRA, 2010 lays down the provisions for registration and regulation of organizations that receive foreign contributions. According to this Act, any organization that wishes to receive foreign contributions must register with the Ministry of Home Affairs and comply with the regulations specified in the Act.

Advantages:

  1. Legal permission to receive foreign contributions: Registered organizations are legally allowed to receive foreign contributions for their activities.
  2. Tax exemptions: Registered organizations may be eligible for tax exemptions on the foreign contributions received.
  3. Transparency: The FCRA registration process promotes transparency in the receipt and utilization of foreign contributions by organizations.

Disadvantages:

  1. Stringent conditions for registration and maintenance of the organization
  2. Regular reporting and disclosure requirements to the Ministry of Home Affairs
  3. Risk of de-registration if the organization fails to fulfill legal requirements
  4. Restrictions on the use of foreign contributions for political activities.

Process:

  1. Application for registration under FCRA is to be made to the Ministry of Home Affairs in the prescribed form
  2. The Ministry of Home Affairs verifies the documents and conducts an inquiry into the organization’s activities
  3. The Ministry of Home Affairs may grant or reject the application for registration

Costs: The costs associated with registering an organization under FCRA include the cost of printing and submitting the necessary documents, as well as any legal or consulting fees that may be incurred.

Types:

  1. Non-Governmental Organizations (NGOs)
  2. Associations
  3. Trusts
  4. Societies

Documents required for FCRA registration in Lucknow:

  1. An application in the prescribed form
  2. A copy of the organization’s registration certificate
  3. A list of office bearers and members of the organization’s highest decision-making body
  4. PAN Card of the Organization
  5. Audited financial statements of the organization
  6. An affidavit stating that the organization does not have any affiliations with any organization that is banned or illegal
  7. A bank statement of the organization’s account.

Note: This is general information and the actual process and requirements may vary. It’s always a good idea to check with the Ministry of Home Affairs for the most up-to-date information and guidance.