All the NGOs registered in India namely charitable trust, societies and Section 8 Companies that receives investments, contribution or donation from foreign resources shall apply for FCRA Registration Online in India.

What is FCRA Registration?

The FCRA stands for Foreign Contribution Regulation Act. When any charitable institution wishes to receive funds or donations from foreign entity / resources, they shall register themselves under the Foreign Contribution Regulation Act, 2010.

Under Section 6 of Foreign Contribution Regulation Act, 2010, it is provided that any organization having a definite cultural / social / educational / religious / economic object shall accept foreign contribution  / donations only after getting FCRA Registration.

Mandatory Requirement For FCRA Registration:

• The Organization must be a duly registered organization for charitable purposes.
• The Organization must agree to receive foreign contributions only through one specific bank account.
• The Organization must be registered under the NGO Darpan Registration.
• Organization should have active existence for the last 3 years.

Types of FCRA Registration:

There are two types of FCRA Registration in India

Proper FCRA Registration (FCRA Registration in normal course):

• For getting Proper FCRA Registration, the applicant must be registered and operating as an NGO for a minimum period of 5 years.
• The Non Profit Organization must have spent minimum 10 Lakh rupees in the last 3 years for furtherance of its main objects (excludes administrative expenses).
• The applicant is also required to submit the financial statements for last 3 years. Further, these financial statements must be audited by a qualified practicing Chartered Accountant.
• If a newly registered Organization likes to get foreign contributions or Donations, then an approval Application to the Ministry of Home Affair for a specific purpose, specific activity, and from a specific source can be made via the Prior Permission (PP) method.
• For FCRA Registration, Form FC-3A needs to be filed.

Validity for FCRA Registration in normal course:

• The FCRA Registration in normal course is valid for a period of 5 years from the date of approval.
• After the expiry of this period of 5 years, it is required to be renewed for receiving any further foreign contributions.

Prior Permissions Registration:

• On the other hand, if a newly registered Non-Profit Organization is willing to receive any sort of foreign contribution then it can apply for Prior Permission Registration.
• The Prior Permission Registration must be done for the funds that are to be used for a specific purpose only.
• For FCRA Registration for Prior Permission, Form FC-3B needs to be filed.

Validity for Prior Permission FCRA Registration:

• The Prior Permission FCRA Registration shall be valid for 5 years from the date of approval, or
• Till the date when the foreign contribution is fully utilized for which the prior permission was granted, whichever is earlier.

Why Ebizfiling as your Service Provider for “FCRA Registration online in India”?  

EbizFiling.com is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. Filing For FCRA Registration online in India is easy, seamless, cheapest and quickest with EbizFiling.com! Apart from this, Ebizfiling.com also helps you to register your Non Profit Organization (NGO). Also, you may get your NGO registered under Section 12AB and Section 80G of Income Tax Act. You may get in touch with our compliance manager on 09643203209 or email info@ebizfiling.com for free consultation.