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Step by Step Guide on How to Form an NGO in Current Times

how-to-form-an-ngo

how to form an ngo

How to Form an NGO in India: A Step-by-Step Guide

Introduction:
Forming a Non-Governmental Organization (NGO) in India can be a powerful way to contribute to society and address various social issues. However, the process can be complex. In this guide, we will provide you with a step-by-step roadmap to establish an NGO in India, tailored to the specific requirements of the country.

Step 1: Define Your Mission and Objectives
Before you embark on the journey of forming an NGO, you need a clear mission and specific objectives. Determine the social issue or cause you want to address and outline your organization’s goals.

Step 2: Choose a Suitable Legal Structure
In India, NGOs can be registered under various legal structures, including Trust, Society, and Section 8 Company. Each has its own set of regulations and advantages. Choose the one that aligns with your goals and requirements.

Step 3: Register Your NGO

For a Trust: Prepare a trust deed on non-judicial stamp paper, signed by the trustees. Register it at the local sub-registrar office.
For a Society: Draft a memorandum of association and rules and regulations. Submit them, along with the list of members, to the Registrar of Societies.
For a Section 8 Company: Register the company under Section 8 of the Companies Act, 2013. This requires approval from the Registrar of Companies.
Step 4: Board of Trustees/Members
Appoint a board of trustees/members who will govern the NGO. Ensure they share your commitment to the organization’s mission.

Step 5: Prepare Documentation

Obtain a PAN card for the NGO.
Open a bank account in the NGO’s name.
Apply for 12A and 80G certificates from the Income Tax Department to avail tax exemptions.
Step 6: Fundraising and Financial Management
Develop a sustainable fundraising strategy. Keep detailed financial records and adhere to transparency and accountability standards.

Step 7: Compliance with Regulatory Requirements
Comply with the Foreign Contribution (Regulation) Act (FCRA) if you plan to receive foreign funding. Follow other legal and regulatory requirements, including annual filing.

Step 8: Operationalize Your NGO
Start working on the ground to achieve your mission. Collaborate with stakeholders, raise awareness, and implement your programs effectively.

Step 9: Monitor and Evaluate
Regularly assess your NGO’s performance and impact. Make improvements as needed.

Step 10: Publicize Your Work
Utilize digital marketing and SEO techniques to create an online presence for your NGO. Share success stories and engage with your target audience to gain support.

Conclusion:
Forming an NGO in India is a noble endeavor that requires careful planning and adherence to legal requirements. By following these steps, you can establish a successful organization that makes a positive impact on society. Remember that persistence and dedication are key to achieving your mission.,
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This article is only published for informational purposes. Please consult your Chartered Accountant or Financial Advisor before making any important financial decisions.

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Step by Step Guide on How to Form an NGO in Current Times

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