FCRA Registration
Everything you need to know about the FCRA Registration Program
What is FCRA Registration?
FCRA Registration is required for Indian organizations to receive foreign contributions, ensuring funds are used for lawful, transparent, and public welfare activities.
- Mandatory for Foreign Funding.
- Must be registered in India and operational for 3+ years.
- Separate Bank Account for foreign funds.
- Valid for 5 years, with renewal.
- Annual Compliance and reporting required.
- Funds cannot support harmful activities.
Benefits of FCRA Registration.
- Legal Authorization to Receive Foreign Funds: Organizations can legally accept foreign donations, grants, and contributions for their activities.
- Increased Credibility: FCRA registration enhances an organization’s reputation and trustworthiness, making it easier to attract international donors and partners.
- Access to Global Funding: It opens the door to funding from international organizations, governments, and philanthropic foundations.
- Tax Exemptions: Registered organizations may benefit from tax exemptions on foreign contributions under applicable laws.
- Transparency and Accountability: The FCRA ensures organizations maintain clear records, fostering trust among donors and regulators.
- Enhanced Organizational Growth: With foreign funding, organizations can expand their activities and scale up their impact on social, educational, and health initiatives.
Mandatory Criteria for FCRA Registration?
- Legal Registration: Must be registered under Indian laws (Society, Trust, or Section 8 company).
- 3+ Years of Activity: Operational for at least 3 years.
- Track Record in Social Work: Active in social, cultural, or developmental activities.
- No Anti-National Activities: Must not engage in harmful activities.
- Clean Financial Records: Submit audited financials for the past 3 years.
- Designated Bank Account: Separate account for foreign funds.
How to Register for FCRA Registration?
- Check Eligibility: Ensure your organization meets the criteria (e.g., 3+ years of activity, legal registration).
- Create an Account: Register on the FCRA portal (https://fcraonline.nic.in).
- Fill the Application: Complete the FCRA application form (Form FC-3) with details about the organization and foreign funding sources.
- Upload Documents: Submit necessary documents like registration certificate, PAN, audit reports, and bank details.
- Review by MHA: The Ministry will review your application and request additional documents if needed.
- Receive Approval: If approved, you’ll get an FCRA registration certificate.
- Maintain Compliance: Submit annual returns and comply with reporting and auditing requirements.
Resources for FCRA Registration.
- FCRA Portal: Official site for registration and compliance.
- FCRA Guidelines & FAQ: Detailed guidelines and frequently asked questions.
- FCRA Handbook: Complete guide on FCRA procedures.
- FCRA Forms: Access required forms (Form FC-3) on the portal.
- MHA Website: More information on FCRA regulations.
- Legal and Tax Advisors: Consult experts for compliance.