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Vakil Sathi > Blog > FCRA > FCRA Registration Guide: How to Apply, Eligibility and Renewal
FCRA

FCRA Registration Guide: How to Apply, Eligibility and Renewal

The Foreign Contribution (Regulation) Act was enacted to regulate the acceptance and utilization of foreign contributions by individuals, associations, and companies. An FCRA account is a designated bank account used exclusively for foreign contributions.

The Foreign Contribution (Regulation) Act was enacted to regulate the acceptance and utilization of foreign contributions by individuals, associations, and companies. An FCRA account is a designated bank account used exclusively for foreign contributions.

How to Applying for FCRA Registration?

FCRA registration need the following documents must be submitted:

  • Self-certified copy of registration certificate/Trust deed etc.
  • Self-certified copy of PAN Card.
  • Activity Report details of during the last three years.

What is FCRA License?

Any person who has work social ,cultural,religious, , educational program ,and who want to receive foreign a contribution in the form of foreign currency,donation it should be apply for FCRA license .FCRA permit issued by the Ministry of Home Affairs to monitor the foreign donations received by Non-Profit Organisations in India.

Contents
How to Applying for FCRA Registration?FCRA registration need the following documents must be submitted:What is FCRA License?Who cannot receive foreign donations?What is the validity and renewal of FCRA registration?Documents required for FCRA renewal?FCRA renewal feeWhy choose vakil sathi ?

 

Who cannot receive foreign donations?

The members of legislature and political parties or their office-bearers, and organisations of a political nature, candidates for elections, journalists or newspaper and media broadcast companies, judges and government servants, prohibited from receiving any foreign contribution.

The according to legal experts accusations that the Bharatiya Janata Party and the Congress had been receiving foreign funds for political activities from the U.K.-based Vedanta Group from 2004 to 2012.

 

What is the validity and renewal of FCRA registration?

The FCRA registration is valid  for five years and has to be renewed every year to continue to receive information foreign contribution.

Those ngo not renewed FCRA registration they will not able to receive any foreign donations.

Documents required for FCRA renewal?

  • Registration of Association/Trust
  • Memorandum of Association/Trust Deed
  • FCRA registration certificate
  • Adhaar card of all the office bearer
  • Darpan I’d

FCRA renewal fee

The Government fees for FCRA Renewal is ₹5000, which paid by the Non-profit organization before the due date of FCRA certificate validity to continue receiving and utilizing funds from foreign sources.

The FCRA registration fees  is ₹15000 per certificate.

 

Why choose vakil sathi ?

Vakil sathi has the best team of advocates in all India who can provide you clear insights and support you through FCRA Application that will reduce the chances of rejection / re-submission. You can also get in touch with our  banking  experts to avoid rejection of registration. Talk to our experts right away and get cleared of all your doubts related to FCRA registration.

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