FCRA stands for Foreign Contribution Regulation Act that governs and regulated foreign contributions occurring within India. FCRA Registration Certificate issued by the government authority is a mandatory obligation to acquire or receive any foreign contribution or foreign grants by any registered trust, society, institution, association, and NGOs.

The primary objective of FCRA registration is to legalize the receipt of any foreign contribution by domestic entities and for ensuring the proper utilization of such funds for the specified objective.

The minimum requirement for FCRA Registration

 

Following is the key requirement for applying FCRA Registration depending upon the type of registration such as:

1. Obligations For Proper FCRA Registration

 

The applicant shall be a registered entity and must be operating for a minimum of 5 years.

Applicant entity must have spent at least INR 10 Lakhs in the previous three years for the attainment of its main objects for which the entity was registered excluding administrative expenses made.

The last three years financial statement audited by a qualified chartered accountant shall be submitted by an applicant.

2. The Obligation For Prior Permission FCRA Registration

 

If the newly registered entity is willing to receive a foreign contribution or foreign grants shall apply for prior permission

During applying for the same, it shall give the details relating to a foreign owner who is contributing the fund

The fund received shall be utilized only for the specified purpose

Eligibility for applying for FCRA Registration

 

1. Trust registered under the Indian Trust Act

2. Societies registered under Indian Society Registration Act

3. Section-8 companies incorporated under the Companies Act

4. The applicant must be registered as NPO set up with charitable objectives for serving the society by promoting health, education, economic development, promotion of art, culture, religion, sports, etc

5. The entity must not be prohibited in any form by the provision of the Foreign Contribution (Regulation) Act.

6. Foreign contribution accepted shall not endanger the life or safety of any individual or shall not lead to any offence.

FCRA Registration Process

 

1. Apply online through filling online form FC-3 available on the official website of FCRA https://fcraonline.nic.in

2. Click option “FCRA Online Forms” for registration under FCRA.

3. The applicant will be redirected to the next page for several options such as application for seeking the permission of the central government, foreign receipt intimation, application for FCRA registration, etc.

4. Select “Apply Online” option under Application for FCRA Registration (FC-3)

5. New user needs to sign up for completing the application form

6. Fill the form and complete all the mandatory details

7. Once the form is completed, click the save button after which “User id” will be generated automatically.

8. Then applicant needs to sign up using the login credential generated automatically on the above procedure.

9. Continue to start step by step registration.

10. Once the entire form is completed, the applicant needs to scan and attach the documents in PDF Format.

11. Complete the online registration by making online payment through online payment gateways.

FCRA Registration Process Documents

 

1. Self-certified copy of incorporation certificate, trust deed, or any other certificate hold by such entity

2. PAN of NGO

3. Copy of MOA & AOA of associations and institutions

4. Signature of the chief judiciary in JPG format

5. A detailed report on activities of the preceding three years.

6. Audited copy of financial statement, P&L account, Income-Expenditure details, and cash flow statement of the preceding three years.

7. CTC of the resolution passed by a governing body authorized by NGO

8. Certificate obtained under section 80G and 12A of Income Tax. Section 80G and 12A provide tax exemption to NGOs under the Income-tax Act.

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