What kind of documents are mandatory for NGO registration?\u00a0<\/h3>
NGO registration generally requires the Aadhaar\/PAN of the applicant, proof of address, KYC documents of members, resolution\/board resolution, and a rental agreement or ownership document of the registered office address. MOA and rules are required for society. And MOA, AOA and digital signatures are required for Section 8 companies. If all the documents are clearly prepared, the process is faster.\u00a0<\/p>
What is the difference in registration cost of a trust, society and a Section 8 company?\u00a0<\/h3>
Trust registration costs are comparatively less, as the main cost is the trust deed, stamp duty and sub-registry fee. Society registration incurs some additional costs related to document preparation, notary, membership and filing. In a Section 8 company, the cost is generally higher as DSC, DIN, ROC filing, stamp duty and professional fees are involved.\u00a0<\/p>
What is the average total cost of NGO registration?\u00a0<\/h3>
Trust registration is usually \u20b94,000 to \u20b915,000. Society \u20b96,000 to \u20b918,000. Section 8 companies can be \u20b912,000 to \u20b930,000. The cost mainly increases according to the preparation of documents, government fees and the help of consultants. The cost is a little higher in big cities.\u00a0<\/p>
Are government fees refundable for NGO registration?\u00a0<\/h3>
Government fees that are submitted at the time of registration are generally nonrefundable. For example, stamp duty, name verification fee, ROC filing fee or society registration fee are not refundable. If any document is incorrect or the application is rejected, the fee is still not refundable. Therefore, it is important to verify the documents and submit them.\u00a0<\/p>
Why are NGO registration costs higher in metro cities?\u00a0<\/h3>
In metro cities, professional charges are comparatively higher, and drafting and representation costs are higher. In many cases, the cost increases due to the convenience of fast processing or office visits. The service provider fees are comparatively high due to the high cost of office rent in big cities. These factors increase the total cost of registration.\u00a0<\/p>
How much does it cost to get PAN and 12A\/80G after NGO registration in India?\u00a0<\/h3>
The cost of getting PAN and TAN is usually low, around \u20b9500\u2013\u20b91,000. The total cost of getting 12A and 80G can range from \u20b95,000 to \u20b915,000 due to document verification, application preparation and professional assistance. Donors get tax exemptions with 80G, which facilitates getting funding.\u00a0<\/p>
How many members are required for society registration?\u00a0<\/h3>
Society registration usually requires a minimum of seven members. Each of them needs KYC documents, proof of address and a signature. The roles of president, secretary and treasurer are determined among the members. Having a large number of members increases credibility and also makes operations easier in the future.\u00a0<\/p>
Is it difficult to get funds if you do not get 12A and 80G exemptions?\u00a0<\/h3>
Most corporates, CSR funding organizations and large donors generally give preference to NGOs with 80G benefits. If there is a 12A, the organization is exempt from income tax. Without this exemption, the donor does not get tax benefits; so, it is difficult to get donations in many cases. Therefore, these exemptions should be taken quickly after registration.\u00a0<\/p>
Do I have to pay the fee again if I submit the wrong document?\u00a0<\/h3>
If the documents are wrong or unclear, many times you may have to pay the fee again. Because government filing fees are usually not refunded. It is better to get the documents fixed in advance to avoid making mistakes. This saves both time and money.\u00a0<\/p>
What is an effective way to reduce costs during NGO registration?\u00a0<\/h3>
Using a ready-made format reduces drafting costs. If drafting and filing are taken together from the same consultant, the total charge is lower. If there is a trust structure, the cost is lower. If the documents are properly arranged and verified, there is no need to re-file. If the right package is selected by comparing multiple service providers, the cost is controlled.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"
Establishing an NGO (Non-Governmental Organization) in India is an effective way to create a long-term positive impact on society. When an NGO is registered, the organization gets legal identity, increases accountability, creates credibility, and opens opportunities for government and private funding. Therefore, it is important to have a clear idea of \u200b\u200bthe costs of the […]<\/p>\n","protected":false},"author":84,"featured_media":70624,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"acf":{"service_id":"407"},"authorName":"Ishan Joshi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/03\/fav.png","authorDescription":"Ishan Joshi is an experienced writer with more than 7 years of proven expertise and 350+ blogs to his name. His write-ups are admired by CEOs and industry experts in the startup ecosystem. He wrote blogs for 10+ industries, including SaaS, LegalTech, FinTech, Hospitality, RegTech, Sustainability, Manufacturing, etc.","postViews":4188,"readingTime":8,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/70619"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=70619"}],"version-history":[{"count":20,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/70619\/revisions"}],"predecessor-version":[{"id":70644,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/70619\/revisions\/70644"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/70624"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=70619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=70619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=70619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}