
Society Registration
Introduction
A society is a non-profit organization formed by a group of people to achieve a common goal. Societies can be formed for a variety of purposes, such as educational, cultural, charitable, or religious.
To register a society under the Societies Registration Act, 1860, the following requirements must be met:
- The society must consist of at least seven individuals associated with a lawful purpose.
- The society must have a registered office in India.
- The society must have a memorandum of association and rules and regulations.
The memorandum of association must contain the following information:
- The name of the society.
- The objects of the society.
- The names, addresses, and occupations of the founding members.
The rules and regulations must contain the following information:
- The mode of governance of the society.
- The rights and duties of the members.
- The procedure for amending the rules and regulations.
WHY REGISTER A SOCIETY IN INDIA?
There are several benefits to registering a society in India. These include:
- Legal recognition: Registered societies have a legal status and are recognized by the government. This gives them the right to enter into contracts, own property, and sue and be sued in their own name.
- Tax benefits: Registered societies are exempt from paying income tax on their income if they are registered under income tax on Section 12A. They may also be eligible for other tax benefits, such as exemption from customs duty on imports and excise duty on goods manufactured in India.
- Government grants: Registered societies may be eligible for government grants and subsidies.
- Public trust: Registered societies are more likely to be trusted by the public, as they are subject to government regulation.
HOW TO REGISTER A SOCIETY IN INDIA?
To register a society in India, you must file an application with the Registrar of Societies (ROS) in your state.
The application must be accompanied by the following documents:
- Memorandum of Association (MOA): The MOA is a document that sets out the name, objectives, and rules of the society.
- Rules and Regulations: The rules and regulations of the society must be consistent with the MOA and must provide for the management and administration of the society.
- List of members: A list of the names and addresses of all the members of the society must be attached to the application.
Once the application is filed, the Registrar of Society will review it and may ask for clarifications or additional documents. If the application is approved, the ROS will issue a certificate of registration to the society.
CORPIQ: YOUR TRUSTED PARTNER FOR SOCIETY REGISTRATION
CorpIQ is a professional firm that provides a wide range of services related to society registration in India. We have a team of experienced and qualified professionals who can help you with every step of the registration process.
We can help you draft the MOA and rules and regulations of your society, prepare the required documents, and file the application with the Registrar of Societies (ROS). We can also represent you before the ROS if any clarifications or additional documents are required.
Contact CorpIQ today for a free consultation on society registration in India. We will be happy to answer your questions and help you get started with the registration process.