Society Registration

    Society Registration in Delhi, India

    A society is an association of several individuals combined using a mutual accord to deliberate, govern, and behave cooperatively for some communal purpose. Societies are often registered for the progress of charitable activities like sports, music, culture, faith, art, education, etc.

    Society Registration, which comes under the Society Registration Act, 1860 lays down certain processes for the sake of society registration & operation. This act was executed with the purpose of augmenting the legal stipulations of society enrollment for the advancement of literature, fine arts, science, or distribution of awareness for bountiful functions. The society registration of 1860 was accepted by numerous state authorities.

    Society is an act for communal purposes. It is a consent agreement between the members of the concerned authorities. Societies are mainly formed to deliver charity to the public. The groups do not desire any profits or gain from this formation. The firm and society registration is mainly focused on attaining uniformity among societies and the public. Most of the states in India have adopted this rule.

    Societies Registered

    Or formed for a common purpose, and it can be the following.

    • Sponsor literature, fine arts, science
    • Broadcast Useful knowledge
    • sponsor charitable assistance
    • Distribute and create military orphan funds
    • Found and contribute a public library
    • Build and maintain a public museumá¹£
    • Encouraging social welfare and other charitable activities.

    Benefits of Society Registration in Delhi, India

    The benefits are listed below.

    • After incorporation, Society becomes a particular legal entity.
    • After the registration process, it forms as a legal entity. It will help society to sell, buy, rent the properties, borrow money to enter into contracts using its name.
    • Even if a member is replaced by a new member, the entity remains functioning. There is no breakage in the functioning of the entity.
    • There are no Income tax-related burdens in Society

    Benefits of Society Registration in Delhi, India

    The benefits are listed below.

    • Photography of the members
    • PAN Card copy of all the members of the society has to be submitted.
    • Identity proof of all the members of the society also has to be submitted like Bank Statement, Aadhaar Card, Utility Bill, Driving License, or Passport.
    • Signed MoA has to be prepared that must contain the following clauses-
      1. The work and the objectives of the society for which it is being established
      2. The details of the members forming the society
      3. It will contain the address of the registered office of the society
      4. Affidavits from government
      5. A covering letter containing the objectives or purposes for the society to being formed will be annexed at the beginning of the application. It must be signed by all the members of the society.
      6. Declaration given by the president of the society.

    Procedures for New Society Registration

    In order to register a society, a minimum of 7 members is needed. Society registration at the national level requires a minimum of 8 members, and these members are from different states. If the society registration happened in Delhi, then one member should be from Delhi along with any of the valid address proof. It can be an Aadhar card, Voter ID, Water bill, or electricity bill, as well as the other persons who are also from different states each. The members should sign in MOA and filled with the registry of Joint-stock-companies.

    Apart from individuals from India, companies, foreigners, as well as other societies that are registered may also register for the Memorandum of association of the society. Like Partnership companies, society may also be unregistered or registered. But, only the registered societies are going to be able to withstand consigned possessions or possess an ensemble filed against or by the society.

    For Society registration, the establishing members must agree with the name of society first and then prepare for your Memorandum, followed by Rules & Regulations of the society.

    Selection of Namen

    The selection of names is the primary and most important step of NGO Society Registration. The name should be unique and should not violate anyone’s name or trademark. The manager of the society should fill the affidavit regarding the name is not the same or similar to any other NGO.

    Designing of MoA & By-Laws

    The MoA (Memorandum of Association) of the society describes the main objectives for which it is being formed, whereas the rules and laws are applicable and the responsibilities of the manager, treasurer, and secretary. It must be signed by establishing member, witness by Gazetted Officer, Oath Commissioner, Notary Public, Chartered Accountant, Advocate, Chartered Accountant (CA) with their stamp and address. It must contain the name and objective of the society. It contains all the society members with their names, address, and occupation.

    Registration of Societies

    The registrar of the societies submits the signed MoA, affidavit, and KYC Documents to the particular officials. After completing all those verifications, the registration certificate of Society is issued.

    PAN, TAN, and Bank A/C

    After the society registration, the next important and crucial step is to apply for allotment of PAN number and TAN and after opening a bank A/C for company purpose.

    Why Choose TaxOnTrack?

    We offer full consultation in order to register your society. We understand your requirement and explain to you the process of society registration from start to end. TaxOnTrack takes care of all the paperwork mandatory to apply for a trust society registration and keeps you informed about the entire process and progress of the application. With our experienced experts, you can complete the process of cooperative society registration without any hassle and at an affordable rate. We will help you with all the procedures required for registering your society. If you want to get your society registered, then do not forget to give us a call. We will aid you with everything.

    Why Choose TaxOnTrack

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