FCRA Registration Services

Our firm is involved in rendering FCRA Registration Services. These services are rendered under the direction of skillful personnel who have prosperous industry proficiency. Owing to consistency, these are enormously praised in the market. In addition, we render this service as per the consumer's demand.
 

The NGOs cannot take foreign contribution directly. For this purpose they should be registered under the Foreign Contribution Regulation Act 1976, commonly known as the FCRA.

There can be two types of contribution from the foreign source, i.e. one time or expected more than once and even regularly. For any one time contribution the NGOs can receive the amount by seeking prior permission of the FCRA Section of the Ministry of Home Affairs, Government of India; whereas for multiple and regular contributions of the foreign source it is advisable to seek permanent registration from the said Ministry.

Regarding grant of FCRA Registration

1) The FCRA registration is granted only to such association, which has proven track record of functioning in the chosen field of work during last three years, and after registration, such organization is free to receive foreign contribution from any foreign source for stated objectives.

2) Organizations which are newly established and do not have proven track record of functioning may also receive foreign contribution for specific activities, for a specific purpose from a specific source after seeking project based previous permission (PP) from the Ministry of Home Affairs.

Key Points for FCRA Registration

Before starting registration process, It is ensured that
1. NGO is at least three years old.
2. It does not have a parent Society which is already registered under FCRA.
3. Majority of the members of the board should not be on the board of another Society, which is already registered under FCRA.
4. The parent society of the applicant, if any, should not be based abroad.
5. No foreigner is on the board of the society.

Registration process without complying to the above is likely to be useless. There is no legal requirements regarding the above condition. Internally Ministry of Home Affairs does not grant a registration without ensuring the above major issues.

FCRA Bank Account
It is essential to receive foreign contribution only in one designated bank account. Therefore, the applicant organisation should open a fresh bank account with the intention to operate it for such funds and mention it in the application. The said Ministry will directly inform the concerned bank to keep watch on the use of the foreign contribution and report back to the Ministry in case of any discrepancy.